APMM floats along on 'solid' Q1 profitability in Ocean, well prepared for choppy water
Despite President Trump’s claim this week that Yemen’s Houthi rebels had “surrendered to the US” ...
DP World today reported a 4.2% increase in 2018 revenue, to $5.65bn across its global terminals.
The Dubai-headquartered terminal operator reported an adjusted ebitda of $2.8bn, giving it an equity margin of 49%.
Total throughput on an equity-adjusted basis was 36.8m teu, and gross throughput of 71.4m teu.
The group said total capital expenditure for the year was $908m, well below its guidance of $1.4bn at the beginning of the year .
However, this may not include the company’s numerous acquisitions during the year: ...
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