DGAP-News: Hapag-Lloyd AG / Key word(s): Half Year Report 
Hapag-Lloyd achieves very good result in first half year of 2021 
2021-08-12 / 07:27 
The issuer is solely responsible for the content of this announcement. 
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Hapag-Lloyd achieves very good result in first half year of 2021 
- Half-year result significantly higher compared to prior-year period 
- Significantly higher freight rates due to scarce transport capacities 
- Normalisation not expected in global supply chains before the first quarter of 2022 
Hapag-Lloyd published its figures for the first half year of 2021 today. It concluded with an EBITDA of USD 4.2 billion 
(EUR 3.5 billion). The EBIT rose to USD 3.5 billion (EUR 2.9 billion), and the Group profit climbed to USD 3.3 billion 
(EUR 2.7 billion). 
"In a market with very strong demand for container transports, we have benefitted from significantly improved freight 
rates and look back on a very good first half year. Among other things, we were able to reduce our net debt by USD 1.5 
billion, although we paid out a significantly higher dividend compared to the prior year," said Rolf Habben Jansen, CEO 
of Hapag-Lloyd. 
Revenues increased in the first half year of 2021 by approximately 51 percent, to USD 10.6 billion (EUR 8.8 billion), 
mainly because of a 46 percent higher average freight rate of 1,612 USD/TEU (H1:2020: 1,104 USD/TEU). The freight rate 
development was the result of high demand combined with scarce transport capacities and severe infrastructural 
bottlenecks. Transport volumes were up to 6,004 TTEU and thereby 4 percent higher than the comparable figure for the 
previous year, which was impacted by a slump in demand in the second quarter due to the COVID-19 pandemic. In addition, 
a roughly 6 percent lower average bunker consumption price, which amounted USD 421 per tonne in the first half year of 
2021 (H1 2020: USD 448 per tonne), had a positive impact on earnings. 
While demand remains high in the current congested market environment, it is leading to a shortage of available weekly 
transportation capacity. For this reason, Hapag-Lloyd expects earnings to remain strong in the second half of the 
financial year. EBITDA for the full year is expected to be in the range of USD 9.2 to 11.2 billion (EUR 7.6 to 9.3 
billion) and EBIT to be in the range of USD 7.5 to 9.5 billion (EUR 6.2 to 7.9 billion). 
Rolf Habben Jansen: "We are naturally pleased by this extraordinary financial result. But the bottlenecks in the supply 
chains continue to cause enormous strains and inefficiencies for all market participants and we have to do our utmost 
to resolve them jointly as soon as possible. Looking at the market environment today, we however do not believe that 
the situation will return to normal any time soon - despite all the efforts made and the additional container box 
capacity that is being injected. We currently expect the market situation only to ease in the first quarter of 2022 at 
the earliest." 
The report for the first half year of 2021 is available online at: 
https://www.hapag-lloyd.com/en/ir/publications/financial-report.html 
 
KEY FIGURES (USD)* 
                            H1 2021 H1 2020 H1 2021 versus 
                                               H1 2020 
Transport volume (TTEU)      6,004   5,755       249 
Freight rate (USD/TEU)       1,612   1,104       509 
Revenues (USD million)      10,551   7,005      3,546 
EBITDA (USD million)         4,240   1,287      2,953 
EBIT (USD million)           3,487    563       2,924 
EBITDA margin                40.2%   18.4%     21.8 Ppt 
EBIT margin                  33.1%   8.0%      25.0 Ppt 
Group profit (USD million)   3,284    314       2,970 KEY FIGURES (EURO)* 
                                        H1 2021 H1 2020 H1 2021 versus 
                                                           H1 2020 
Revenues (EUR million)                   8,753   6,360      2,393 
EBITDA (EUR million)                     3,517   1,169      2,349 
EBIT (EUR million)                       2,893    511       2,382 
Group profit (EUR million)               2,724    285       2,439 
Annual average exchange rate (USD/EUR)   1.21    1.10        0.10 
End of period exchange rate (USD/EUR)    1.19    1.12        0.07 * In individual cases, rounding differences may occur in the tables for computational reasons.

About Hapag-Lloyd With a fleet of 250 modern container ships and a total transport capacity of 1.8 million TEU, Hapag-Lloyd is one of the world's leading liner shipping companies. The Company has around 13,400 employees and 394 offices in 130 countries. Hapag-Lloyd has a container capacity of approximately 2.8 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 Hoffmann Senior 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 -----------------------------------------------------------------------------------------------------------------------

2021-08-12 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 ----------------------------------------------------------------------------------------------------------------------- 


Language:     English 
Company:      Hapag-Lloyd AG 
              Ballindamm 25 
              20095 Hamburg 
              Germany 
Phone:        +49 (0) 40 3001 - 2896 
Fax:          +49 (0) 40 3001 - 72896 
E-mail:       ir@hlag.com 
Internet:     www.hapag-lloyd.com 
ISIN:         DE000HLAG475 
WKN:          HLAG47 
Listed:       Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, 
              Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1225915 
 
End of News   DGAP News Service 
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1225915 2021-08-12

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August 12, 2021 01:27 ET (05:27 GMT)