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Hapag Lloyd AG (HLAG.DE)

HLAG.DE on Xetra

30.99EUR
15 Dec 2017
Change (% chg)

€0.14 (+0.45%)
Prev Close
€30.85
Open
€30.81
Day's High
€31.18
Day's Low
€30.70
Volume
103,130
Avg. Vol
154,049
52-wk High
€40.20
52-wk Low
€20.48

Latest Key Developments (Source: Significant Developments)

Hapag Lloyd CEO says synergies from UASC-merger could top $435 mln
Wednesday, 15 Nov 2017 02:51am EST 

Nov 15 (Reuters) - Hapag Lloyd :Ceo says sees some opportunities to grow faster in latam compared to maersk, hamburg-sued tie-up.Ceo says biggest risk group is facing in q4 is rising bunker prices.Ceo says there is a chance synergies from merger with uasc will be above the announced $435 million.  Full Article

Hapag Lloyd Q3 net profit up at 54 mln euros
Tuesday, 14 Nov 2017 12:02pm EST 

Nov 14 (Reuters) - HAPAG LLOYD AG :9M EBIT 181 MILLION EUR.‍OPERATING RESULT (EBIT) OF EUR 181 MILLION AND NET PROFIT OF EUR 54 MILLION IN Q3​.‍INTEGRATION WITH UASC ALMOST COMPLETED​.‍FOR Q3 NET PROFIT AMOUNTED TO EUR 54.3 MILLION (PRIOR-YEAR PERIOD: EUR 8.2 MILLION)​.Q3 ‍EBIT ROSE TO EUR 180.6 MILLION (PRIOR-YEAR PERIOD: EUR 65.6 MILLION)​.Q3 ‍EBITDA STOOD AT EUR 361.5 MILLION (PRIOR-YEAR PERIOD: EUR 184.6 MILLION)​.‍TRANSPORT VOLUME INCREASED BY 24.4% IN FIRST NINE MONTHS, FROM 5.65 MILLION TEU TO 7.03 MILLION TEU​.‍BASIC PARAMETERS FOR 2017 FORECAST REMAIN UNCHANGED​.‍EBITDA AND EBIT ARE EXPECTED TO RISE SIGNIFICANTLY IN 2017​.  Full Article

Hapag-Lloyd resolves capital increase with subscription rights
Thursday, 28 Sep 2017 02:03am EDT 

Sept 28 (Reuters) - HAPAG LLOYD AG ::DGAP-ADHOC: HAPAG-LLOYD AG: HAPAG-LLOYD RESOLVES CAPITAL INCREASE WITH SUBSCRIPTION RIGHTS.‍SHARES WILL BE OFFERED AT A SUBSCRIPTION PRICE OF 30.00 EUR AND AT A SUBSCRIPTION RATIO OF 14:1​.‍EXPECTS GROSS ISSUE PROCEEDS OF APPROXIMATELY 352 MILLION EUR (APPROXIMATELY 414 MILLION USD)​.‍IN COURSE OF A CAPITAL INCREASE WITH SUBSCRIPTION RIGHTS 11.7 MILLION NEW SHARES WILL BE OFFERED​.‍INTENDS TO USE APPROXIMATELY 170 MILLION EUR (APPROXIMATELY 200 MILLION USD) TO REPAY INDEBTEDNESS​.  Full Article

Hapag-Lloyd sees UASC integration completed by end-Q3
Tuesday, 29 Aug 2017 02:30am EDT 

Aug 29 (Reuters) - Hapag-Lloyd CEO on conference call:Says world container trade growth may be 3-4 percent in 2017 and looks strong for 2018.Says integration of UASC operations will be finished by end of Q3, migration going fast.Says does not see any particular surge in world order book for container ships any time soon.Reiterates Qatar crisis has no material impact on business.Says doesn't see big change in number of 129 consolidated post-merger services in 2018, from formerly 118 Hapag and 45 former UASC services.  Full Article

TUI disposes all remaining shares in Hapag-Lloyd
Monday, 10 Jul 2017 12:20pm EDT 

July 10 (Reuters) - TUI AG :DISPOSES ALL REMAINING SHARES IN HAPAG-LLOYD AG.  Full Article

Hapag-Lloyd places EUR 450 mln senior notes offering
Tuesday, 4 Jul 2017 10:57am EDT 

July 4 (Reuters) - HAPAG LLOYD AG :DGAP-ADHOC: HAPAG-LLOYD AG: HAPAG-LLOYD SUCCESSFULLY PLACES SENIOR NOTES OFFERING / VOLUME UPSIZING TO EUR 450 MILLION / EARLY REDEMPTION OF EXISTING EUR-BOND 2018 / 2019.PROCEEDS WILL BE FULLY USED TO REDEEM OUTSTANDING EUR NOTES OF HAPAG-LLOYD DUE IN FALL 2018 AND IN FALL 2019.  Full Article

Hapag-Lloyd launches EUR 300 million senior notes offering
Monday, 3 Jul 2017 03:05am EDT 

July 3 (Reuters) - HAPAG LLOYD AG ::HAPAG-LLOYD LAUNCHES EUR 300 MILLION SENIOR NOTES OFFERING / PROCEEDS SHALL BE USED FOR EARLY REDEMPTION OF EUR-BONDS 2018 AND 2019.BOND WILL BE ISSUED WITH A DENOMINATION OF EUR 100,000.FINAL CONDITIONS OF BOND, IN PARTICULAR INTEREST RATE AND ISSUE PRICE WILL BE ANNOUNCED FOLLOWING CONCLUSION OF BOOKBUILDING.ISSUE PROCEEDS WILL FIRST BE USED TO REDEEM OUTSTANDING EUR NOTES OF HAPAG-LLOYD AG DUE IN FALL 2018.REMAINING PROCEEDS THEREAFTER SHALL BE USED TO REDEEM PARTLY SENIOR NOTES DUE IN FALL 2019.  Full Article

Hapag-Lloyd CEO says doesn't rule out further takeovers
Monday, 29 May 2017 07:07am EDT 

May 29 (Reuters) - Hapag Lloyd Ag :Hapag-Lloyd CEO says doesn't rule out further takeovers, but no current plans.  Full Article

Hapag-Lloyd to present targets for merged group in August
Monday, 29 May 2017 04:55am EDT 

May 29 (Reuters) - Hapag-Lloyd :Says upward trend in freight rates has continued in Q2.Says to present in August new targets for merged group.  Full Article

Merger of Hapag-Lloyd and United Arab Shipping Company Ltd.
Wednesday, 24 May 2017 08:44am EDT 

May 24 (Reuters) - Hapag Lloyd AG ::HAPAG-LLOYD AG: MERGER OF HAPAG-LLOYD AG AND UNITED ARAB SHIPPING COMPANY LTD..CONDITIONS PRECEDENT REQUIRED FOR MERGER OF HAPAG-LLOYD AG AND UNITED ARAB SHIPPING COMPANY LTD. (UASC) UNDER BUSINESS COMBINATION AGREEMENT (BCA) HAVE BEEN FULFILLED TODAY.REGISTRATION IN COMMERCIAL REGISTER NECESSARY FOR COMPLETION OF MERGER HAS BEEN EFFECTED TODAY.CAPITAL INCREASE OF HAPAG-LLOYD AG IN AMOUNT OF EUR 45.932.023,00 WAS REGISTERED WITH COMMERCIAL REGISTER TODAY.HAPAG LLOYD - QATAR INVESTMENT AUTHORITY THROUGH SUBSIDIARY QATAR HOLDING LLC AND PUBLIC INVESTMENT FUND OF KINGDOM OF SAUDI ARABIA BECOME NEW KEY SHAREHOLDERS OF HAPAG-LLOYD AND HOLD 14.4 % AND 10.1 % OF SHARES RESPECTIVELY.KUWAIT INVESTMENT AUTHORITY ON BEHALF OF STATE OF KUWAIT, IRAQI FUND FOR EXTERNAL DEVELOPMENT, UNITED ARAB EMIRATES AND BAHRAIN MUMTALAKAT HOLDING COMPANY HAVE INTEREST IN COMBINED 3.6 % OF SHARES OF HAPAG-LLOYD.  Full Article

UPDATE 2-Hapag-Lloyd sticks to 2017 outlook, outpacing Maersk

* Shares rise as much as 15 pct (Recasts, adds comments from CEO, shares)