Hapag-Lloyd reported a 25 percent increase in earnings (EBIT) at $500 million for the first quarter of 2025 compared to $400 million in the same period last year on higher transport volume and freight rate.

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Hapag EBIT up 25% in Q12025, earnings outlook uncertain for full year
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Hapag EBIT up 25% in Q12025, earnings outlook uncertain for full year

Transport volume increased 10% to 3.3 million TEU while average freight rate was up 9% at $1,480/TEU.

Hapag-Lloyd is expecting Group EBITDA to be in the range of $2.5-4 billion and Group EBIT to be in the range of $0-1.5 billion for 2025 compared to $5 billion and $2.8 billion, respectively in 2024.

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Geopolitical uncertainty key concern for Hapag in 2025
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Geopolitical uncertainty key concern for Hapag in 2025

Hapag-Lloyd is expecting Group EBIT to be in the range of $0-1.5 billion for 2025 compared to $2.8 billion in 2024.