RSS   Newsletter   Contact   Advertise with us

DP World revenue up 36.1%

Share on Twitter Share on LinkedIn
Christian Fernsby ▼ | March 11, 2020
DP World announced robust financial results for the year ended 31 December 2019.
DP World
DP World   On a reported basis, revenue grew 36.1% and adjusted EBITDA increased 17.7%
On a reported basis, revenue grew 36.1% and adjusted EBITDA increased 17.7% with adjusted EBITDA margin of 43%, delivering profit attributable to owners of the Company, before separately disclosed items, of $1,328 million, up 4.6%.

Topics: DP World

DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, commented: "DP World is pleased to report like for like earnings growth of 5.4% in 2019 and attributable earnings of $1,328 million.

Adjusted EBITDA grew 17.7% to $3,306 million with margins at 43.0% on a reported basis and 49.6% on a like for like basis.

This performance has been delivered in an uncertain trade environment, once again highlighting the resilience of our portfolio."


 

MORE INSIDE POST