Independent journal on economy and transport policy
07:48 GMT+1
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In the 2011 result clearly of DP World it has grown of 66.5% thanks to the sale of the activities in Australia
the revenues are diminished of 6.6%
March 29, 2012
The terminalista group DP World of Dubay clearly has archived item 2011 with a profit of 751,2 million dollars, in increase of 66.5% regarding 451,1 million dollars in the year precedence. The result last year includes extraordinary proceeds for 484,3 million dollars, of which 435,5 million determined from the cession of 75% of the capital stock of DP World Australia, branch Australian that manages five terminal for container in the ports of Adelaide, Brisbane, Fremantle, Melbourne and Sydney ( on 22 December 2010), and 49,8 million from the cession of activity in the region Australia and Americas. In the 2010 proceeds generated from the sale of terminalistiche activities they were piled totally to 13,2 million dollars. Al clearly of such proceeds the result clearly of 2011 is therefore pairs to about 266,9 million dollars regarding about 437,9 million dollars in the exercise precedence.
In the 2011 operating result of the Middle Eastern group it has been attested to 1.115, 8 million dollars, of which 237,4 million generated from the extraordinary proceeds, regarding 800,7 million dollars in 2010, of which 18,6 million from the extraordinary voices. The EBITDA has been pairs to 1.307 million dollars regarding 1.240 million dollars in 2010.
Last year the total volume of transactions of DP World is diminished of 6.6% coming down to 2.977, 7 million dollars regarding 3.188, 9 million dollars in 2010.
In the 2011 terminal of the group they have enlivened a traffic of the container pairs to 54,7 million teu, in increase of 10% regarding the year precedence ( on 31 January 2012)
"2011 - the managing director of the group of Dubay has commented today, Mohammed Sharaf - have been another positive year for DP World, with a second half of the year that has generated better performances regarding the first semester. This improvement of the results is obtained in spite of a worsening of the happened total economic scene in the second half of the year. We have assisted - it has added - to an appreciable total increase of the traffic in all the terminals of our pocketbook and our main terminal to Jebel Ali, in the United Arab Emirates, continues to achieve an sensitive increase of the EBITDA. We have completed this remarkable national performance with a greater increase in the main terminals outside from the Emirates since we continue to invest in our pocketbook of terminal with development perspectives".
Sharaf has announced that in the first two months of the 2012 terminal of the group they have recorded altogether an increase of 11% of the traffic in spite of the persistent uncertainty of the total economy and has specified that DP World considers that exercise 2012 could be archived item with an ulterior increase is of the traffic that of the economic performances.
The annual ability to traffic of the terminals that are under responsibility of DP World was pairs to 69,4 million teu to end 2011. The group previews that to end 2015 such ability will go up to 91,1 million teu in order arriving to 108,5 million teu to end 2020.
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