News / Middle East the star performer as DP World reports 'robust' H1

Photo: nickstrugnell

Robust Middle East, Europe and Africa (MENA) figures appear to have saved DP World’s first half, the terminal operator recording bumps in overall revenue and adjusted earnings.

MENA volumes climbed 1.9% for the six months to June, surpassing 12.6m teu, and bringing a 25.7% and 23.1% bounce in revenue ($6.5bn) and adjusted ebitda ($2bn), respectively, with the Middle East operations the star performer.

CFO Yuvraj Narayan said: “Our focus on revenue synergies continues to attract new ...