Hapag-Lloyd AG (HLAGF) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.097 Good morning, ladies and gentlemen, and welcome to Hapag-Lloyd's Analyst and Investor 00:00:05.097 -- 00:00:09.002 Q1 2025 Result Conference Call and Live Webcast. 00:00:09.002 -- 00:00:13.868 I am Yousef, the course call operator. Today's conference is represented by Hapag-Lloyd 00:00:13.868 -- 00:00:17.753 CEO Rolf Haben-Janssen and CFO Mark Frese. 00:00:17.753 -- 00:00:21.017 I would like to remind you that all participants will be in listen-only mode and that 00:00:21.017 -- 00:00:25.985 this conference is being recorded. The presentation will be followed by a Q&A session. 00:00:25.985 -- 00:00:30.711 You can register for questions at any time by pressing star followed by one on your telephone. 00:00:30.711 -- 00:00:33.876 For operator assistance, please press star and zero. 00:00:33.876 -- 00:00:37.501 The conference must not be recorded for publication or for broadcast. 00:00:37.501 -- 00:00:40.945 At this time, it's my pleasure to hand over to Rolf Haben Janssen. 00:00:40.945 -- 00:00:43.306 Please go ahead. 00:00:44.109 -- 00:00:47.874 So from our side, a very warm welcome and thank you for making the time to join us here 00:00:47.874 -- 00:00:52.981 today. A couple of things maybe from our side to start with before Mark talks, 00:00:52.981 -- 00:00:57.579 takes us through the numbers. I think when we look at the first quarter, I think we can 00:00:57.579 -- 00:01:00.623 say we had a good start to the year 00:01:00.623 -- 00:01:06.031 with clearly higher volumes and solid earnings, despite some continued operational 00:01:06.031 -- 00:01:11.219 challenges not last in the Red Sea. I think market demand remained quite robust, probably 00:01:11.219 -- 00:01:16.507 a little bit ahead of what a lot of people expected with, accor...