Business, Freight News, Logistics, Sea
Revenue up, profit down at DP World
[ March 13, 2025 // Chris Lewis ]DP World’s revenue for the year ended 31 December 2024 grew by 9.7% to $20.0 billion and adjusted EBITDA earnings rose 6.7% to $5.5 billion. Revenue growth was mainly due to improved performance from ports and terminals and contributions from new acquisitions and concessions. Ports and terminals revenue per TEU increased 13.9% on a like-for-like basis with strong growth from the Middle East and Americas. Profit for the year decreased by 2.0% mainly due to higher finance costs.
Tags: DP World