Vopak Reports Mixed Quarterly Results

July 27, 2022

(File photo: Vopak)
(File photo: Vopak)

Vopak's quarterly revenues and core profit beat expectations on Wednesday but its net income fell short, as the Dutch tank storage company recorded asset impairment charges.

The group reported a net profit of 53.5 million euros ($54.30 million) in the second quarter, below analysts' average estimate of 75.3 million.


($1 = 0.9852 euros)

(Reuters - Reporting by Juliette Portala and Dina Kartit; Editing by Muralikumar Anantharaman)

Logistics News

U.S. Appeals Court Backs FMC in Evergreen Dispute

U.S. Appeals Court Backs FMC in Evergreen Dispute

Strait of Hormuz Closure Curbs Dry Bulk Demand

Strait of Hormuz Closure Curbs Dry Bulk Demand

Ukraine Strikes Russia's Tuapse Refinery

Ukraine Strikes Russia's Tuapse Refinery

Shipping Containerization Marks 70 Years, Revolutionizing Global Economy and Reshaping Newark

Shipping Containerization Marks 70 Years, Revolutionizing Global Economy and Reshaping Newark

Subscribe for Maritime Logistics Professional E‑News

Bloomberg News reports that Spirit Airlines' discussions on $500 million US Rescue Financing have stalled.
ONEOK increases its profit forecast for 2026 after increased volumes drive quarterly beat
Joby performs first point-topoint air taxi flight test in New York