Hapag-Lloyd’s Q1 2025 EBITDA rose 17 per cent year-over-year (YoY) to €1.0 billion ($1.1 billion), while EBIT increased 24 per cent to €0.47 billion ($0.5 billion).
This growth was fueled by strong demand, with a 9 per cent rise in transport volume to 3.3 million TEUs and average freight rates reaching €1,390 per TEU ($1,480).
Rolf Habben Jansen, CEO of Hapag-Lloyd AG, said: “We got 2025 off to a good start, but the market is currently characterised by many uncertainties. We therefore expect lower results for 2025 as a whole.
“We will rigorously implement our Strategy 2030, expand Hanseatic Global Terminals, improve fleet efficiency, and continue decarbonising, while focusing on cost control and increasing digital efficiency.”
READ: Hapag-Lloyd nets $2.6 billion in 2024
For FY2025, Hapag-Lloyd expects Group EBITDA of €2.4 – 3.9 billion ($2.5 – 4.0 billion) and EBIT of €0.0 –1.5 billion ($0.0 – 1.5 billion).
The shipping company noted that outlook remains highly uncertain due to volatile freight rates and geopolitical risks, including Red Sea tensions and global trade conflicts.