Vopak's 2009 operating profit increases 20%
03.12.2010 - NEWS
March 12, 2010 [Vopak] - Vopak's 2009 Group operating profit -excluding exceptional items- increases 20% to EUR 385 million.

Highlights for 2009 -excluding exceptional items-:
• Group operating profit before amortization and depreciation (EBITDA) increases 20% to EUR 513.4 million in line with the earlier indicated outlook.
• Group operating profit rises 20% to EUR 385.3 million (2008: EUR 320.4 million).
• Net profit attributable to holders of ordinary shares increases 20% to EUR 242.7 million (2008: EUR 202.1 million) and earnings per ordinary share (EPS) are up by 19% to EUR
3.84 (2008: EUR 3.24).
• Vopak’s worldwide storage capacity expands further during 2009 by 1.2 million cubic meters (cbm) to 28.3 million cbm.

A dividend of EUR 1.25 (2008: EUR 1.10) per ordinary share, payable in cash, will be proposed to the Annual General meeting of Shareholders.

Outlook:
• Projects under construction will add 3.0 million cbm of storage capacity in the years 2010, 2011 and 2012. The total investment for Vopak and partners in these projects involves
capital expenditure of some EUR 1.6 billion, of which Vopak’s total remaining cash spend will be some EUR 0.4 billion.
• For 2010 Vopak expects Group operating profit before depreciation and amortization (EBITDA) to grow between 5-10%. Although the expected EBITDA growth will contribute
positively to the EPS development in 2010, the completed long-term financing activitities in 2009 will weigh on the EPS development due to the increase in outstanding shares
and higher financing costs.
• Based on its growth strategy Vopak is well positioned to realize a Group operating profit before depreciation and amortization (EBITDA) between EUR 625-700 million in 2012.

Hengli Petrochemical Establishes a Trading Subsidiary in Dubai as Part of Expansion
02.09.2026 - NEWS
February 09, 2026 [Offshore Engineer]- Hengli Group, the parent company of China’s Hengli P... Read More
Romania Lines Up €1 Billion Battery Storage Build After Government Deal
02.09.2026 - NEWS
February 09, 2026 [Oil Price]- Privately held MASS Group Holding plans to invest more than €1 b... Read More
RWE Explores Buying LNG from ADNOC as Germany Moves to Diversify Supply
02.09.2026 - NEWS
February 09, 2026 [Reuters]- RWE signed a provisional agreement on Friday with Abu Dhabi National... Read More
Greek Joint Venture Seeks 20-Year US LNG Deal to Strengthen Southern Europe’s Gas Supply
02.09.2026 - NEWS
February 09, 2026 [Reuters]- Atlantic Sea LNG Trade, a joint venture between Greece’s gas s... Read More