Report
Fehmi Ben Naamane

Hapag-Lloyd : Un cours qui côtoie les étoiles, au prix d’une valorisation très chère ; Neutre OC à 310 € (vs 280 €)

>La performance opérationnelle continue d’être tirée par le fort pricing - La performance opérationnelle enregistrée au T1 2022 continue d’être impressionnante, tirée comme depuis 2020, par la croissance des taux de fret, qui ressortent en hausse de 84% sur le trimestre. Un épisode supplémentaire dans la formidable surperformance du secteur, et qui devrait continuer au moins pour quelques trimestres. Ainsi, la croissance des revenus de 96% yoy est tirée exclusivement ...
Underlying
Hapag-Lloyd AG

Hapag-Lloyd is a container liner shipping company. Co.'s core business is the shipping of containers by sea but also encompasses transport services from door to door. Co. transports hazardous goods by sea, road, rail, and inland waterway vessels; and provides reefer solutions to transport temperature-sensitive products, including perishable cargoes; and high value reefer cargoes, such as pharmaceuticals, healthcare products, and more. Co. also offers security information services; e-commerce solutions in the shipping industry; logistics services, such as pre-carriage and on-carriage transport services; and customs clearance services.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

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