Robust performance from DP World, with new acquisitions ready to make their mark

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 …

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Source: The Loadstar

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