Hoegh Autoliners ASA
HAUTO
ISIN NO0011082075 / Valor 114974097
Hoegh Autoliners ASA
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About company
Hoegh Autoliners ASA is a prominent player in the global ocean transportation industry, specializing in Roll-on Roll-off (RoRo) services with a fleet of Pure Car and Truck Carrier (PCTC) vessels. The company offers secure and efficient deep sea transportation for a variety of RoRo cargo, including cars, heavy machinery, and breakbulk. With a focus on sustainability, Hoegh Autoliners is investing in the development of the Aurora Class vessels, which are designed to operate on zero-carbon ammonia fuel, setting a new standard for environmentally friendly shipping. The company's diverse customer base includes global vehicle manufacturers, construction equipment producers, and other cargo owners, benefiting from Hoegh Autoliners' flexible fleet and reliable services.
Summarized from source with an LLMView SourceSector: Consumer CyclicalsLatest Results (15.04.2026):
Höegh Autoliners ASA — Q4 2024 (reporting full-year 2024): the company reported total revenues of USD 1,370.8 million for 2024, EBITDA of USD 692.1 million and profit for the year of USD 619.5 million. Basic earnings per share were USD 3.25. Cash and cash equivalents fell to USD 207.9 million at year-end and equity declined to USD 1,177.4 million after a large shareholder distribution.
Headline results
Total revenues: USD 1,370,828k (2023: 1,446,075k). EBITDA: USD 692,070k (735,510k). Operating profit before financial items: USD 613,494k (626,515k). Profit for the year: USD 619,509k (589,585k). Basic EPS: USD 3.25 (3.09).
Drivers of net income
Key positive items included a gain on sale of assets of USD 52,326k and profit from associates/joint ventures of USD 1,020k. Lower depreciation (USD 131,922k) also supported results. Year‑on‑year revenue and EBITDA were down, but net profit rose (partly reflecting gains and tax items).
Cash flow and liquidity
Net cash from operating activities: USD 707,663k (2023: 746,256k). Net cash used in investing activities: USD (280,335k). Net cash used in financing activities: USD (676,602k) driven by a USD 840,995k dividend, lease repayments and interest. Cash and cash equivalents at 31.12.2024: USD 207,866k (458,333k at 31.12.2023). Non‑restricted cash end‑2024: USD 200,271k.
Balance sheet and funding
Total assets: USD 2,105,644k (2,059,344k). Total equity: USD 1,177,449k (1,411,730k). Non‑current interest‑bearing debt increased to USD 661,491k (296,198k), reflecting new borrowings (proceeds from issue of debt USD 399,320k). Current interest‑bearing debt: USD 46,288k.
Capital distribution and shareholder actions
Dividend paid to shareholders in 2024: USD 840,995k (2023: USD 241,000k). The company also purchased own shares of USD 3,924k and reduced the share premium reserve, producing the large decline in reported equity.
Fleet investment and disposals
Newbuildings & projects at year-end: USD 229,374k (includes Aurora program). Additions and deliveries occurred in 2024 (Aurora class deliveries and vessel purchases); proceeds from sale of tangible assets: USD 119,840k with gain on sale USD 52,326k. Vessels (net) at 31.12.2024: USD 1,430,064k.
Operational items
Bunker expenses: USD 236,124k (2023: 241,937k). Voyage expenses: USD 312,426k (340,037k). Charter hire expenses fell to USD 5,666k from USD 9,480k. Headcount (office + sea personnel) rose to 1,681 (1,578 in 2023).
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2724 M
Market cap (USD)
298,594
Daily traded volume (Shares)
114.8 / 112.5
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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