Hapag-Lloyd AG (XTER:HLAG)
€ 160.1 -5.4 (-3.26%) Market Cap: 28.14 Bil Enterprise Value: 25.54 Bil PE Ratio: 9.58 PB Ratio: 1.51 GF Score: 85/100

Q1 2019 Hapag Lloyd AG Earnings Call Transcript

May 09, 2019 / 09:00AM GMT
Release Date Price: €26.75 (-0.93%)
Operator

Ladies and gentlemen, thank you for standing by. I am Sarah, your Chorus Call operator. Welcome and thank you for joining the Hapag-Lloyd Analysts and Investors Conference Call on the First Quarter Results 2019. Hapag-Lloyd is represented by Rolf Habben Jansen, CEO; Nicolás Burr, CFO; Heiko Hoffmann, Head of Investor Relations as well as [Anne Nymark] from the Investor Relations team. (Operator Instructions)

I would now like to turn the conference over to Rolf Habben Jansen, CEO. Please go ahead.

Rolf Habben Jansen
Hapag-Lloyd Aktiengesellschaft - Chairman of the Executive Board & CEO

Thank you very much, and thanks, everybody for taking the time to join us for this investor presentation. As usual, we'll guide you through the charts and then at the end, we'll be happy to take your questions.

Maybe as a start, I think if we look back on the first quarter, the highlights, I think are apart from generally quite good results that we've seen fairly healthy freight rate, about 5% above the -- above last year, and we've seen the growth, which

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