DP World's Horn of Africa investment – enter the US?
It’s more than just a money thing
Acquisitions and a diversified portfolio helped DP World overcome a challenging market in 2016.
The group today reported growth in volumes, revenues and EBITDA in its full-year figures.
Last year, the port operator handled more than 63.6m teu on a consolidated throughput basis – the sum of both its own-operated terminals and equity-adjusted investments, 3.2% up on 2015 and almost 2% ahead of Drewry’s estimates.
Revenue grew 4.9% year on year to $4.1bn, while adjusted EBITDA surged 17.4%, to $2.2bn. This, in turn, led ...
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