in this issue
People & Business :: Companies
Vopak posts lower first-quarter profits, sales; forecasts 5–10% full-year Ebitda decline
9:56 AM MDT | April 25, 2014 | Ian Young
Vopak reports a 15% decline in first-quarter net profit, excluding exceptional items, compared with the corresponding period last year, to €68 million ($94 million), on sales down 1%, to €318 million. Ebitda excluding exceptionals decreased 5% year-on-year (YOY), to €180 million, and Ebit excluding exceptionals declined 11%, €124 million. "We have not seen major improvements in our business climate as we continue to face challenges, mainly in the Europe, Mideast, and Africa [(EMEA)] region," says Vopak chairman and CEO Eelco...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee