DP World records stable EBITDA of US$5.1bn despite uncertain market environment
DP World saw its adjusted EBITDA increase by 2% to US$5.1bn across the year and remained resilient against market challenges caused by high inflation and escalating geopolitical tensions.
Revenue rose by 7% to US$18.3bn but profit for the year fell by 18% to US$1.5bn due to higher finance costs.
Container volumes increased by 3%, outperforming a flat market, with strong performance in Asia Pacific, India and Middle East but the Americas and Europe were impacted by a weaker economic environment.
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Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.
