DP World reports profit growth to $749 million

Highlights
Revenue increased 5 per cent to $3,121 million

Good improvement in adjusted EBITDA of eight per cent to $1,407 million with record EBITDA margins of 45.1 per cent

Profit for the year attributable to owners of the Company was 10 per cent ahead at $749 million

Earnings per share increased 10 per cent to 90 cents

Higher net cash from operating activities of $1,231 million

Reduction in net debt to $2.9 billion

Continued investment in quality long term assets

Total dividend of 24 US cents; 10 per cent increase in ordinary dividend to 21 US cents per share and special dividend of 3 US cents per share

Read more: http://www.cpifinancial.net/news/post/19411/dp-world-reports-profit-growth-to-749-million