Hapag-Lloyd AG

HLAG: XETR (DEU)
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Hapag-Lloyd Earnings: Iran Conflict Duration Remains Largest Variable; Shares Overvalued

Full-year results were solid, with EBITDA and EBIT of EUR 3.2 million and EUR 1.0 million, respectively, finishing at the upper end of guidance. Management guided to EBIT and EBITDA reductions in 2026, citing a weak freight-rate environment at the start of the year and Middle East uncertainty.

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