German terminal operator Eurogate has announced that it recorded a 13% rise in its 2015 net operating profit despite a drop in its total container handling volumes.
The company’s net profit went up from €64.9m in 2014 to €73m last year, with its revenue increasing by 4% to €591m in 2015 from €566m in 2014 and its investments going down by 54% to €17.6m in 2015 from €38.4m in 2014.
In October 2015, the group’s subsidiary Eurogate International GmbH announced the acquisition of a 16.67% shareholding in the São Paulo-based shipping company Contrail Logística S.A., which offers transport services for the hinterland of Santos, where Brazil’s largest seaport is located.
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