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19 January 2019 The on-line newspaper devoted to the world of transports 17:18 GMT+1

March 28, 2018

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Original news
Hapag-Lloyd has closed 2017 with a profit clearly of 32,1 million euros

Habben Jansen: the continuous context of market to being difficult, but we cautiously remain optimistic

The shipowning society German Hapag-Lloyd has archived item 2017, year in which - as announced in recent days from the company introducing the preliminary budget - it has recorded revenues pairs to 9,97 billion euros with an increase of +28.9% on 2016(on 28 February 2018), with a profit clearly of 32,1 million euros respect to a net loss of -93,1 million euros in the exercise anniversary precedence.

"Given the market context - the managing director of the German group has commented, Rolf Habben Jansen - we are satisfied of the financial results of 2017, above all because meantime we have completed integration of the activities of the Hapag-Lloyd and those of the United Arab Shipping Company (UASC). The success of the fusion with the UASC (that it has been capacity to term last May,(on May 24, 2017, ndr) it has strengthened our competitive position meaningfully. Moreover - it has specified Habben Jansen - we have benefitted of the improvement of the hires and the positive development of world-wide the containerized transport".

"About the future - it has continued the managing director of the Hapag-Lloyd - we will continue to reduce our indebtedness ulteriorly. Moreover we want to pick yields of all the possible synergies deriving from the fusion with the UASC and to become still more efficient. In future our customers will benefit of producing new improved services ulteriorly and digital. We will invest in order to strengthen our position which suppliers of quality services and in future we will continue to increase the profits. Context of market - it has specified Habben Jansen - continues to be difficult, but - has emphasized - since we see that some of the fundamental ones are gradually improving, we cautiously remain optimistic".

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