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

NorthPort Boosts Capacity with Mobile Harbor Cranes

NorthPort Boosts Capacity with Mobile Harbor Cranes

EU Soft Wheat Exports for 2025/26 Down 5%

EU Soft Wheat Exports for 2025/26 Down 5%

Inchcape Shipping Services Opens New Office in Geoje, Korea

Inchcape Shipping Services Opens New Office in Geoje, Korea

Konecranes Expands Ecolifting Portfolio with Electric Reach Stacker

Konecranes Expands Ecolifting Portfolio with Electric Reach Stacker

Subscribe for Maritime Logistics Professional E‑News

Shares of Workday fall after a lukewarm quarter subscription revenue
BP identifies the source of Olympic Pipeline Leak in Washington
What are the challenges ahead of UK's expansion plan for Heathrow Airport?