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Hapag-Lloyd Content with FY 2015 Figures

[ March 29, 2016   //   ]

Hapag-Lloyd achieved a net profit of EUR 114 million (previous year: EUR -604 million) in the financial year 2015.

“The result for the year is in line with our expectations,” said Rolf Habben Jansen, CEO of Hapag-Lloyd AG. “Hapag-Lloyd has delivered what we promised. Also in comparison with our main competitors, Hapag-Lloyd has made up tremendous ground and is back among the top performers in the industry.”

According to Habben Jansen, the company worked hard for this success by quickly integrating CSAV’s container business and by exploiting the synergies. Its OCTAVE cost-cutting and efficiency program made a total earnings contribution of USD 600 million from 2016. More than 70% of the expected result improvements have been realized in 2015 already.

“On the back of this success, we already launched OCTAVE 2 towards the end of 2015,” he said. “In this programme we have again identified promising potential that should further improve our efficiency.”

In 2016 Hapag-Lloyd has started the roll out of the “Compete to Win” programme, to increase focus on the customer and improve revenue quality.