Comment / Hapag-Lloyd – just like a bank nowadays

ID 22731132 © Patricia Hofmeester | Dreamstime.com

Heading to the pub the other day in Ipswich for a well-deserved pint, I found myself having to deal with a comrade’s fair remarks in the wake of Hapag-Lloyd’s Q1 24 update:

“Look, these Western carriers give guidance and their [low-high-end adjusted earnings] spreads are narrowing but are still so wide you can barely call it guidance.”

Still, Hapag-Lloyd shines, on a trailing basis, where it matters: financial acumen. How?

By putting the hard cash saved during the good pandemic days to work.

Looking ...