Höegh Autoliners ASA (HAUTO) Earnings Call Transcripts

Höegh Autoliners ASA's Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Höegh Autoliners ASA reported an EBITDA of $145 million, reflecting flat performance quarter-on-quarter, and a profit after tax of $103 million. The company faced operational challenges due to the ongoing conflict in the Persian Gulf, leading to a suspension of services in that region and an expected impact of approximately $10 million in Q2. Despite these challenges, management highlighted strong demand from Chinese exports, particularly in the automotive sector, which is expected to support pricing and capacity in the near future.

Reported metrics

Guidance from management

Management expects Q2 EBITDA to be slightly at the same level or slightly below Q1 due to anticipated fuel price increases and disruptions from the Middle East conflict. They noted, "we see demand for ocean transportation remaining firm," indicating a cautious optimism for the future.

What management said

Good morning from sunny Oslo, and welcome to Hoegh Autoliners First Quarter Presentation. My name is My Linh Vu, Head of Investor Relations. And with me today, we have our CEO, Andreas Enger; and our CFO, Espen Stubberud, will walk you through the first quarter business and financial performance. As usual, we have the Q&A session at the end of the presentation. So for the audience, if you have any questions, please s...

Thank you, Andreas and Espen. And yes, we have received a few questions from our online audience. And the first question is regarding market and the rate. So first question is RoRo as part of shipping business is what we call. Can you say anything about where we are in the cycle? And can you comment anything about how the net rate is looking towards the second half of the year?

What analysts pressed on

Analysts expressed concerns regarding the potential long-term impacts of the Persian Gulf conflict on service routes and contract renewals. There were also questions about how rising fuel prices would affect margins and overall profitability in the coming quarters.

Main topics on the call

• Impact of Persian Gulf Conflict — The ongoing conflict in the Persian Gulf has led to the suspension of services in the region, with management stating, "we don't see any near-term transit of vessels into the area." This disruption is expected to impact ...
• Strong Demand from Chinese Exports — Management noted a significant increase in Chinese light vehicle exports, with a year-on-year growth of 57%. They stated, "the export growth is clearly absorbing... the new build deliveries," indicating a robust demand f...
• Flat EBITDA Performance — Höegh reported an EBITDA of $145 million for Q1 2026, which was flat compared to the previous quarter. Management attributed this to "added operational costs due to the turbulence in the Strait of Hormuz," highlighting t...
• Fuel Price Impact — Management indicated that while fuel prices are expected to rise, the impact on Q1 was minimal due to prior bunker costs. They expect a $20 million impact from fuel price increases in Q2, stating, "the BAF mechanism has ...

Read the full Höegh Autoliners ASA transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 14 Höegh Autoliners ASA earnings call transcripts on record, spanning February 9, 2023 to May 8, 2026. Based on this history, Höegh Autoliners ASA reports quarterly. The most recent call on file is dated May 8, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HAUTO

Exchange

OB

Country

NO

Sector

Industrials

Industry

Marine Transportation

Calls on record

14

First call

February 9, 2023

Most recent

May 8, 2026

Reporting cadence

quarterly