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India

Hapag Lloyd AG (HLAG.DE)

HLAG.DE on Xetra

30.93EUR
8 Dec 2017
Change (% chg)

€-1.59 (-4.89%)
Prev Close
€32.52
Open
€32.81
Day's High
€32.81
Day's Low
€30.83
Volume
158,556
Avg. Vol
152,412
52-wk High
€40.20
52-wk Low
€19.02

Latest Key Developments (Source: Significant Developments)

Hapag Lloyd CEO says synergies from UASC-merger could top $435 mln
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Hapag Lloyd :Ceo says sees some opportunities to grow faster in latam compared to maersk, hamburg-sued tie-up.Ceo says biggest risk group is facing in q4 is rising bunker prices.Ceo says there is a chance synergies from merger with uasc will be above the announced $435 million.  Full Article

Hapag Lloyd Q3 net profit up at 54 mln euros
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - HAPAG LLOYD AG :9M EBIT 181 MILLION EUR.‍OPERATING RESULT (EBIT) OF EUR 181 MILLION AND NET PROFIT OF EUR 54 MILLION IN Q3​.‍INTEGRATION WITH UASC ALMOST COMPLETED​.‍FOR Q3 NET PROFIT AMOUNTED TO EUR 54.3 MILLION (PRIOR-YEAR PERIOD: EUR 8.2 MILLION)​.Q3 ‍EBIT ROSE TO EUR 180.6 MILLION (PRIOR-YEAR PERIOD: EUR 65.6 MILLION)​.Q3 ‍EBITDA STOOD AT EUR 361.5 MILLION (PRIOR-YEAR PERIOD: EUR 184.6 MILLION)​.‍TRANSPORT VOLUME INCREASED BY 24.4% IN FIRST NINE MONTHS, FROM 5.65 MILLION TEU TO 7.03 MILLION TEU​.‍BASIC PARAMETERS FOR 2017 FORECAST REMAIN UNCHANGED​.‍EBITDA AND EBIT ARE EXPECTED TO RISE SIGNIFICANTLY IN 2017​.  Full Article

TUI will do "right deal at right time" on Hapag-Lloyd stake
Tuesday, 14 Feb 2017 

TUI Group CEO tells analysts: will do "right deal at right time" when asked about disposal of remaining Hapag-Lloyd stake Further company coverage: [TUIT.L] [HLAG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Hapag-Lloyd shareholders approve capital increase for UASC merger
Friday, 26 Aug 2016 

Hapag Lloyd Ag : Lloyd shareholders approve capital increase to fund the envisaged merger with sector peer UASC .Lloyd shareholders approve enlargening of supervisory board by 4 to 16 seats to reflect UASC participation.  Full Article

TUI CEO says not in a hurry with disposal of stake in Hapag-Lloyd
Thursday, 11 Aug 2016 

TUI Group CEO Fritz Joussen on a conference call with journalists: Says Not In A Hurry With Disposal Of Stake In Hapag Lloyd, but "determined to progress" Further company coverage: [TUIT.L] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Hapag-Lloyd says freight rates stabilisation could take 18-24 months
Wednesday, 10 Aug 2016 

Hapag Lloyd AG : CEO says freight rates could recover in Q3, but stabilisation could take 18-24 months Further company coverage: [HLAG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Hapag says city of Hamburg unlikely to participate in cap hike
Monday, 18 Jul 2016 

Hapag-Lloyd CEO says : City of hamburg unlikely to participate in cap hike . It is too early to comment on 2016 dividend . Do not expect large investments in ships in coming years Hapag-Lloyd and UASC seal merger deal [nL8N1A41EN] Further company coverage: [HLAG.DE] ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Hapag-Lloyd and UASC sign business combination agreement
Monday, 18 Jul 2016 

Hapag Lloyd AG : Hapag-Lloyd and UASC sign business combination agreement . Combined company will rank among world's five largest liner shipping companies and will operate one of most modern fleets in industry . Merger is expected to be completed by end of 2016 .Some of controlling shareholders of either side have committed, to backstop a cash capital increase in amount of $400 million planned by way of a rights issue within six months after closing of transaction.  Full Article

Hapag Lloyd now sees FY 2016 clearly decreasing EBITDA and EBIT
Monday, 18 Jul 2016 

Hapag Lloyd AG : Adjusts its outlook for financial year 2016 as development of freight rates is significantly weaker than expected .For FY 2016 revised expectation of executive board is a clearly decreasing EBITDA and a clearly decreasing EBIT compared with previous year.  Full Article

Hapag Lloyd says United Arab Shipping Company calls an EGM for June 2
Wednesday, 18 May 2016 

Hapag Lloyd AG : United Arab Shipping Company convenes general meeting for resolution on potential business combination with Hapag-Lloyd . Talks between HL and UASC regarding a potential combination of their respective container shipping operations are ongoing; no binding agreement has yet been reached .United Arab Shipping Company SAG (UASC) has today called an extraordinary general meeting for 2 June 2016.  Full Article

UPDATE 2-Hapag-Lloyd sticks to 2017 outlook, outpacing Maersk

* Shares rise as much as 15 pct (Recasts, adds comments from CEO, shares)