DP World registers strong half year results

DP World enjoyed a strong first six months of 2021 with EBITDA growing 18% year-on-year, benefiting from high consumer spending and a rebound in global trade.

In the first half of the year, the operator handled 38.6m teu across its global portfolio, helping revenue rise by 21%, supported by acquisitions and strong growth in India, Australia, and the UK. Like-for-like revenue increased by 9.0%.

DP World group chairman and CEO, Sultan Ahmed Bin Sulayem, said: “We are delighted with the strong set of first half results with adjusted EBITDA growing 18.2% and attributable earnings rising 51.9%.