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Vopak: Third quarter group operating profit excluding exceptional items up 19% on last year

28 October 2005 02:00

Rotterdam, the Netherlands, 28 October 2005

  • Group operating profit excluding exceptional items for third quarter of 2005 EUR 45.6 million (Q3 2004: EUR 38.2 million)
  • Group operating profit excluding exceptional items for first three quarters of 2005 EUR 130.6 million (Q3 2004: EUR 112.0 million)
  • Outlook group operating profit excluding exceptional items for 2005: up approximately 15% on 2004 (2004: EUR 151.0 million)

Profile

Royal Vopak is the world’s largest independent tank terminal operator specialising in the storage and handling of liquid and gaseous chemical and oil products. Upon request, Vopak can provide complementary logistics services for customers at its terminals. Vopak operates 73 terminals with a storage capacity of more than 20 million cbm in 29 countries. The terminals are strategically located for users and the major shipping routes. The majority of its customers are companies operating in the chemical and oil industries, for which Vopak stores a large variety of products destined for a wide range of industries.