Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) reported a weaker first quarter of 2026, with management describing the start to the year as “unsatisfactory” as severe weather, weak Atlantic trade and higher costs tied to Middle East tensions weighed on results.
Chief Executive Officer Rolf Habben Jansen said the company “would have hoped for a better quarter,” citing adverse weather in Northern and Southern Europe during January and February, along with similar disruptions on the U.S. East Coast. He said Hapag-Lloyd’s exposure to those markets meant it was “hit harder than most.”
