Slide 1: Investor Presentation Preliminary Results 2019
Investor Presentation Preliminary Results 2019 Hamburg, 19 February 2020
Slide 2: Disclaimer
Disclaimer Forward-looking statements This presentation contains forward-looking statements that involve a number of risks and uncertainties. Such statements are based on a number of assumptions, estimates, projections or plans that are inherently subject to significant risks, as well as uncertainti
Slide 3: Stable market growth going forward…
Stable market growth going forward… Real GDP Growth vs. Global Container Volume Growth [%] 4.8% 4.5% 3.8% 3.5% 3.4% 3.3% 3.6% 2.9% 3.3% 3.1% 1.4% 0.8% 2016 2017 2018 2019e 2020e 2021e Real GDP growth Container volume growth 3 Source: IMF WEO (January 2020), Seabury (December 2019)
Slide 4: …and the historically low orderbook of only 10%…
…and the historically low orderbook of only 10%… Orderbook-to-fleet Newly placed orders [TEU m, %] [TEU m] Orderbook 61% Vessels > 13,999 TEU 2.0 2.2 1.8 6.5 50% Share of world fleet 1.1 1.2 6.0 0.8 0.8 38% 0.4 0.2 0.0 5.0 27% 28% 2011 2012 2013 2014 2015 2016 2017 2018 2019 YTD 21% 21% 2020 4.3 18%
Slide 5: …combined with an expected increase in scrapping,
…combined with an expected increase in scrapping, further indicates a healthier outlook for the industry Scheduled vessel deliveries Scrapping [TEUm] [% of world fleet] 1.7 3.3% 1.3 1.2 1.2 1.2 1.0 0.9 2.0% 1.5% 1.7% 1.1% 0.9% 0.6% 2015 2016 2017 2018 2019e 2020e 2021e 2015 2016 2017 2018 2019e 2020
Slide 6: Transport volume and freight rates slightly increased YoY, while unit costs slightly below
Transport volume and freight rates slightly increased YoY, while unit costs slightly below previous year’s level Transport volume [TEU m] Freight rate [USD/TEU] vs. Bunker price [USD/mt] + 1.4% Ø 2018 Ø 2019 11.9 12.0 Freight rate 1.044 + 2.6% 1.072 2018 2019 Transport expenses per TEU [USD/TEU] Inc
Slide 7: We substantially improved operational results and fulfilled our FY 2019 guidance
We substantially improved operational results and fulfilled our FY 2019 guidance Q4 2019 vs. Q4 2018 [USD m] FY 2019 vs. FY 2018 [USD m] Margin % Q4 2018 Q4 2019 Margin % FY 2018 FY 2019 9.8 % 15.7% + 65.3% 2,223 3.8 % 6.4% 10.5% 15.2% 1,345 + 73.3% 4.7% 5.4% + 40.2% 908 526 + 11.6% 524 375 167 186
Slide 8: Major targets going forward continue to remain unchanged
Major targets going forward continue to remain unchanged Continue to increase profitability and further deleverage our company Continuously proactively adjust to changing market conditions Make sure to pass on higher bunker costs driven by IMO 2020 Think further and continue working on reducing emis
Slide 9: Hapag-Lloyd Investor Relations
Hapag-Lloyd Investor Relations Ballindamm 25 20095 Hamburg Tel: +49 (40) 3001-2896 ir@hlag.com https://www.hapag-lloyd.com/en/ir.html 9