Hapag-Lloyd goes from bad to worse in Q3 09

摘要

Hapag-Lloyd suffered another massive loss in Q3 09.rnAn underlying operating deficit (EBITA) of EUR261 million (USD376 million) was extracted out of revenue of EUR1.1 (USD1.6) billion, meaning that for every USD dollar earned, Hapag-Lloyd lost US23.7 cents.rnThis compares with smaller losses of USD0.2 in Q1 09 and USD0.18 in Q2 09.rnYear-to-date, the operating loss amounted to EUR675 (USD986) million from revenue of EUR3.3 (USD4.8) billion, but this included various exceptional items such as a loss of EUR296.3 million from disposals, a restructuring benefit ofrnEUR18.4 million, a purchase price allocation benefit of EUR42.7 million, and other one-off benefits of EUR125.6m.