Australasia helps drive 'best-ever' P&O Nedlloyd result
by
Obsidian
—
last modified
Mar 17, 2005 12:00 AM
Royal P&O Nedlloyd has turned in a fivefold increase operating profit during 2004, with the promise of more during 2005.
Operating profit was US$401m, up from US$77m in 2003, on a 22% increase in revenue to US$6.7bn.
Much of the best-ever result was achieved in Asia, with average rates rising 19% over the global average of 13%. But the...
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