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DP World announces strong 2017 financials

Dubai, United Arab Emirates, 15 March 2018. Global trade enabler DP World today announces strong financial results for the twelve months ending 31 December 2017. On a reported basis, revenue grew 13.2% and adjusted EBITDA increased 9.1% with adjusted EBITDA margin of 52.4%, delivering
profit attributable to owners of the Company, before separately disclosed items1 , of $1,209 million, up 7.3%, and EPS of 145.6 US cents. On a like-for-like basis, revenue grew 6.0%, adjusted EBITDA increased by 8.0% with adjusted EBITDA margin of 53.2%, and earnings attributable to owners of the Company increased 15.1%

Results Highlights
➢ Revenue of $4,715 million
▪ Revenue growth of 13.2% supported by the strong volume growth across all three DP World
regions.
▪ Like-for-like revenue increased by 6.0% driven by a 6.9% increase in total containerized
revenue.
▪ Like-for-like containerized revenue per TEU (twenty-foot equivalent unit) grew 0.7% and total
revenue per TEU remained broadly flat (-0.2%)

more at: DP World

 

 

Source: DP World
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