Vopak reports continued strong results in Q3 2024

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30/10/2024 10:28
Key highlights Q3 2024

Improve

Net profit -including exceptional items- YTD Q3 2024 of EUR 312 million and EPS of EUR 2.56 year to date
Proportional EBITDA -excluding exceptional items1- increased YTD Q3 2024 by EUR 22 million to EUR 894 million driven by growth project contributions
Our joint venture in India, has undertaken a primary equity issue of 3.4% for an equivalent amount of EUR 88 million and continues to explore options to fund growth
Updated FY2024 proportional EBITDA outlook to EUR 1,160-1,180 million, EBITDA outlook to EUR 930-950 million

Grow

Strengthening our position in Kandla, India with an expansion of 94,000 cbm of chemical storage
Commissioned 560,000 cbm of industrial-connected capacity in Huizhou, China

Accelerate

Announced next steps for our Vopak Energy Park Antwerp for the development of green methanol and ammonia storage
Signed a MoU in Australia, to develop a common-user infrastructure including a CO2 import terminal

Q3 2024 Q2 2024 Q3 2023 In EUR millions

see & read more on
https://www.vopak.com/newsroom/news/vopak-reports-continued-strong-results-q3-2024



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