Stock Groups

Tank storage firm Vopak’s quarterly profit beats market estimates -Breaking


© Reuters. In this illustration from December 1, 2021 you can see a 3D printed model of oil barrels in front of the Vopak logo. REUTERS/Dado Ruvic/Illustration

(Reuters) – Vopak, a Dutch chemical and oil storage company, beat the market’s expectations Wednesday. This was due to growth projects in Holland and a strong performance in Americas.

For the first three months, the core profit (EBITDA), of the group was 213.1 million Euros ($230.47 Million) which is higher than the average analyst estimate of 203. million.

($1 = 0.9246 euros)