DP World revenue up 36.1%Christian Fernsby ▼ | March 11, 2020
DP World announced robust financial results for the year ended 31 December 2019.
DP World On a reported basis, revenue grew 36.1% and adjusted EBITDA increased 17.7%
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." ■