German shipping giant Hapag-Lloyd in profit despite global downturn

NAMPA / DPA

2024-11-14

Hamburg (dpa) - The German shipping company Hapag-Lloyd says it has made a good profit so far this year, despite the economic downturn and several international crises. The company reported in Hamburg on Thursday that it had made around ?1.7 billion (about $1.8 billion) in profits in the first nine months of this year. For the year as a whole, Hapag-Lloyd expects earnings before interest and taxes (EBIT) of between ?2.2 and ?2.6 billion. The reas......

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