Hapag-Lloyd AG (HLAGF) Q2 2025 Earnings Call

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WEBVTT 00:00:01.803 -- 00:00:06.490 Good morning, ladies and gentlemen, and welcome to the Hapac Lloyd Analyst and Investor 00:00:06.490 -- 00:00:11.017 H1 2025 Result Conference Call and Live Webcast. 00:00:11.017 -- 00:00:13.862 My name is Yousef, the course call operator. 00:00:13.862 -- 00:00:19.090 Hapac Lloyd is represented today by Rolf Haben Janssen, CEO, and Mark Frese, 00:00:19.090 -- 00:00:24.095 CFO. I would like to remind you that all participants will be in listen-only mode and 00:00:24.095 -- 00:00:28.340 that this conference is being recorded. The presentation will be followed by a question 00:00:28.340 -- 00:00:32.825 and answer session. You can register for questions at any time by pressing star followed 00:00:32.825 -- 00:00:37.950 by 1 on your telephone. For operator assistance, please press star and then 0. 00:00:37.950 -- 00:00:41.895 The conference must not be recorded for publication or for broadcast. 00:00:41.895 -- 00:00:46.359 At this time, it's my pleasure to hand over to Rolf Haben Janssen, CEO. 00:00:46.359 -- 00:00:48.378 Please go ahead. 00:00:48.378 -- 00:00:51.964 Thank you very much, everyone, and really appreciate you making the time available to 00:00:51.964 -- 00:00:57.012 talk to us today. Happy to take you through our half 00:00:57.012 -- 00:01:02.601 one results. Maybe let me start with a couple of highlights. 00:01:02.601 -- 00:01:05.386 I would say when looking at the first half, 00:01:05.386 -- 00:01:10.614 we've seen strong volumes, good revenue growth with roughly flat freight 00:01:10.614 -- 00:01:13.719 rates compared to the first half of last year. 00:01:13.719 -- 00:01:18.066 Overall, I would say solid 00:01:18.066 -- 00:01:23.113 financial performance, even if there was certainly a fair bit of, we had a fair bit of 0...