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MarketScreener Homepage  >  Equities  >  Xetra  >  Hapag-Lloyd AG    HLAG   DE000HLAG475

HAPAG-LLOYD AG

(HLAG)
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Hapag-Lloyd AG: CFO Nicolás Burr to take over new projects in Chile in 2020

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06/12/2019 | 05:29am EDT

12.06.2019 / 10:56
The issuer is solely responsible for the content of this announcement.

Hamburg, 12 June 2019

CFO Nicolás Burr to take over new projects in Chile in 2020

Hapag-Lloyd Chief Financial Officer (CFO) Nicolás Burr will leave the company on 29 February 2020 with the end of his contract to take over new projects in Chile. Burr was appointed CFO of Hapag-Lloyd AG, and therefore a member of its Executive Board, in March 2015. His successor will be announced in due course.

'The Supervisory Board sincerely likes to thank Nicolás Burr for his commitment over the past years. His contribution was very valuable for the development of Hapag-Lloyd, particularly with regards to the last two mergers and the initial public offering in 2015. We wish Nicolás Burr all the best for his future,' said Michael Behrendt, Chairman of the Supervisory Board of Hapag-Lloyd.

About Hapag-Lloyd
With a fleet of 235 modern container ships and a total transport capacity of 1.7 million TEU, Hapag-Lloyd is one of the world's leading liner shipping companies. The Company has around 12,800 employees and 398 offices in 128 countries. Hapag-Lloyd has a container capacity of approximately 2.5 million TEU - including one of the largest and most modern fleets of reefer containers. A total of 121 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents. Hapag-Lloyd is one of the leading operators in the Transatlantic, Middle East, Latin America and Intra-America trades.

Disclaimer
This press release contains forward-looking statements that involve a number of risks and uncertainties. Such statements are based on a number of assumptions, estimates, projections or plans that are inherently subject to significant risks, uncertainties and contingencies. Actual results can differ materially from those anticipated in the Company's forward-looking statements.


Contact:Heiko HoffmannSenior Director Investor Relations

Hapag-Lloyd AG
Ballindamm 25
20095 Hamburg
Phone +49 40 3001-2896
Fax +49 40 3001-72896
Mobile +49 172 875-2126

12.06.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Disclaimer

Hapag-Lloyd AG published this content on 12 June 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 June 2019 09:28:08 UTC

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Financials (EUR)
Sales 2019 12 595 M
EBIT 2019 692 M
Net income 2019 250 M
Debt 2019 5 912 M
Yield 2019 0,98%
P/E ratio 2019 26,6x
P/E ratio 2020 14,5x
EV / Sales2019 0,99x
EV / Sales2020 0,89x
Capitalization 6 503 M
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Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 33,26  €
Last Close Price 37,00  €
Spread / Highest target 16,2%
Spread / Average Target -10,1%
Spread / Lowest Target -32,4%
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Managers
NameTitle
Rolf Habben Jansen Chief Executive Officer
Michael Behrendt Chairman-Supervisory Board
Anthony James Firmin Chief Operating Officer
Nicolás Burr Garcia de la Huerta Chief Financial Officer
Karl Gernandt Member-Supervisory Board
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