DP World sees profit grow 10% in 2012

Markets

Wednesday, March 20, 2013

DP World said it had a profit of $749 million in 2012, 10 percent more than in 2011, and that revenue, at $3.1 billion, was up 5 percent. EBITDA (earnings before interest, taxes, depreciation, and amortization) was $1.4 billion, up 8 percent. The company said higher revenue was “driven by strong growth in the Middle East, Europe and Africa region representing our ability to improve revenue from both our container and non-container operations even with the tougher oper...

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