Nov 11 (Reuters) - German container shipping company Hapag-Lloyd HLAG.DE on Wednesday raised its full-year earnings outlook again, citing strength in freight rates and a stronger-than-expected business performance in the fourth quarter.
The company now expects full-year earnings before interest and tax (EBIT) of $2.0 billion to $2.4 billion, up from previous expectations of $1.25 billion to $1.75 billion.
Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.
