Global trade enabler DP World today announces strong financial results for the year ended 31 December 2018. On a reported basis, revenue grew 19.8% and adjusted EBITDA increased 13.7% with adjusted EBITDA margin of 49.7%, delivering profit attributable to owners of the Company, before separately disclosed items, of $1,270 million, up 5.1%, and EPS of 153.0 US cents. On a like-for-like basis, revenue grew 4.2%, adjusted EBITDA increased by 6.6% with adjusted EBITDA margin of 54.1%, and earnings attributable to owners of the Company increased 7.6%.
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Global trade enabler DP World’s Global Education Programme (GEP) for 8 – 14-year-olds features as a case study in the latest UAE Sustainable Development Goals (SDG) report. This programme is being implemented across DP World’s international network of 40 countries and aims to engage 34,000 children by 2020.
DP World PLC announces the acquisition of the holding company of P&O Ferries and P&O Ferrymasters (together P&O Ferries) for…
Breakbulk Middle East, the GCC’s leading breakbulk and project cargo sector event, held a press conference today in anticipation of the event’s fast approaching 4th annual edition.
DP World announces that it has acquired an additional stake in DP World Australia (Holding) Pty Ltd (DP World Australia)…
An international joint-venture formed by global trade enabler DP World and industrial engineering specialists SMS group will revolutionize the way that containers are handled in ports. A new and intelligent storing system will be applied for the first time ever at Jebel Ali Terminal 4, in time for the Dubai Expo 2020 world fair.
Global trade enabler DP World announced the successful closing of the acquisition of 100% of the Unifeeder Group (“Unifeeder”), an integrated…
SirajPower, the UAE’s leading provider of solar roof plants that offers both construction and financing solutions under one umbrella, today…
Virgin Hyperloop One, the only company that has developed a full scale hyperloop system, announced today that Sultan Ahmed bin Sulayem,…
DP World gross container volume growth (CVG) grew by 2.6% in the first nine months of 2018. Its reported that…