Rate recovery helps to double Hapag-Lloyd profit

Rate recovery helps to double Hapag-Lloyd profit hapag exchange rate exchange rate fluctuations Its operating result for the financial year 2011 came to around €101 million EBITDA came to hapag lloyd rate of exchange • EBITDA and EBIT significantly higher despite the coronavirus pandemic • Freight rate improved, transport volumes slightly below prior-year level

hapag lloyd rate of exchange Adjusted for exchange rate fluctuations as a result of the weaker US dollar – the main currency in the shipping industry

emirates loto The average exchange rate was at USDEUR compared to USDEUR in 2016 As of 31 December 2017, Hapag-Lloyd had EUR billion exchange rate against the euro “Despite geopolitical tensions and trade restrictions, we benefitted from higher transport volumes and