Subscribe to RSS feedDP World on track for London listing despite profit dip
by
Roger Hailey, London
—
last modified
Apr 14, 2010 04:02 PM
DP WORLD remains on course for a London listing later this year as the Dubai-based global ports operator reported a 2009 consolidated throughput drop of 8% to 25.6m teu on revenues down 14% to US$2.8bn.
The company recorded a 4% rise in box volumes in 2010 across its network of 49 terminals worldwide but is cautious about predicting a sustained recovery.
Chief executive Mohammed Sharaf described the preliminary results as “an excellent achievement” for DP...
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