Q1 2023 Hapag Lloyd AG Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. Welcome and thank you for joining the Hapag-Lloyd's Analyst and Investor Q1 2023 Results Conference Call. Hapag-Lloyd is represented by Rolf Habben Jansen, CEO; Mark Frese, CFO; and Heiko Hoffmann, Head of Investor Relations. (Operator Instructions)
I would now like to turn the conference over to Rolf Habben Jansen, CEO. Please go ahead, sir.
Thank you very much and a warm welcome to everyone. Thank you for making the time to join us here on the Q1 presentation. As always, Mark and I will split it between us and we'll be very happy to take any questions afterwards that you may have. Maybe a couple of opening remarks. I think when we look at the market, volumes remain subdued. I mean we all saw the inventory correction starting in the second half of last year and I think that sort of continued into Q1. I would also say though that when you look at the quarter that towards the end of the quarter, at least the
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