Hapag-Lloyd gains after lifting full-year earnings forecast

Hapag-Lloyd AG

14/07/2026 08:24

** Shares in Hapag-Lloyd HLAG.DE rise 7% after German shipping firm raised its full-year outlook, citing strong market demand and positive freight rate developments
** The company now expects FY EBITDA between $2.7-$3.7 billion, versus $1.1-$3.1 billion seen previously
** While the guidance upgrade was not unexpected, the new range is above current consensus, a local trader says
** "The wide range suggests outcomes remain highly contingent on how durable the current positive market backdrop proves to be," J.P. Morgan says
** In June, shipping ​group Maersk MAERSKb.CO lifted its earnings guidance for this year on strong demand in the container market
** Hapag's shares on track for a best day since May 14, 2025  when it closed 12.2% higher
** Up to the previous session's close, shares were up 1.9%​ YTD


 (Reporting by Amir Orusov)
 ((Amir.orusov@thomsonreuters.com))