Hapag-Lloyd Shares Rose After Guidance Upgrade, 1Q Results

Shares in Hapag-Lloyd AG rose after the German shipping company raised its earnings view for the year and reported earnings growth for the first quarter. At 1530 GMT, Hapag-Lloyd closed up 7.8% at EUR349.60. Hapag-Lloyd said it expects earnings before interest, taxes, depreciation and amortization between $14.5 billion and $16.5 billion for 2022, compared with …

The post Hapag-Lloyd Shares Rose After Guidance Upgrade, 1Q Results first appeared on Hellenic Shipping News Worldwide.

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