Consistent investment helps drive DP World’s half-year results

DP World has attributed its strong half-year 2022 performance to its consistent investment in relevant capacity, focus on high margin cargo and a “drive to deliver to customised solutions to cargo owners”.

Adjusted EBITDA increased by US$628m, and EBITDA margin for the half-year stood at 30.8%, while revenue increased 60.4% on a year-on-year basis and 20.1% like-for-like to US$7.9m.

Sultan Ahmed Bin Sulayem, DP World group chairman and CEO, said: “This significant growth demonstrates that our strategy to focus on high margin cargo and to offer customised supply chain solutions will provide sustainable returns in the long term.