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

Port of Antwerp-Bruges Sees Decline in Goods in H1 2026

Port of Antwerp-Bruges Sees Decline in Goods in H1 2026

European Wheat Prices Jump to 17-Month High Amidst Renewed Black Sea Tensions

European Wheat Prices Jump to 17-Month High Amidst Renewed Black Sea Tensions

Ukraine to Protect Ports, Exports After Recent Russian Attacks

Ukraine to Protect Ports, Exports After Recent Russian Attacks

Port of Aberdeen Welcomes Longest-Ever Vessel

Port of Aberdeen Welcomes Longest-Ever Vessel

Subscribe for Maritime Logistics Professional E‑News

GE Aerospace raises its 2026 forecast as airlines maintain maintenance spending
BMW moves forward with its cost-cutting efforts by appointing a new HR director
Atlas Copco orders surge on strong semiconductor demand