Vopak reports on HY1 2018
(WorldNews Netherlands)

17 August 2018 Highlights for HY1 2018 -excluding exceptional items-: EBITDA of EUR 371 million (HY1 2017: EUR 394 million). Adjusted for adverse currency translation effects of EUR 20 million, the EBITDA was comparable to prior year. Occupancy rate of 86% (HY1 2017: 91%) explained by lower rented capacity mainly at the oil hub terminals caused by a less favorable oil market structure. Other product-market segments showed continued stable demand for storage services. EBIT of EUR 237 million (HY1 2017: EUR 258 million) included EUR 15 million adverse currency translation effects. Net profit attributable to holders of ordinary shares of EUR 140 million (HY1 2017: EUR 150 million) resulting in...