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Tank storage firm Vopak’s quarterly profit beats market estimates
2022.04.20 08:42
A model of 3D printed oil barrels are seen in front of displayed Vopak logo in this illustration taken December 1, 2021. REUTERS/Dado Ruvic/Illustration
(Reuters) – Dutch oil and chemical storage company Vopak’s first-quarter earnings beat market expectations on Wednesday, boosted by growth projects and good performance in the Americas.
The group reported a core profit (EBITDA) of 213.1 million euros ($230.47 million) for the first three months of the year, above analysts’ average estimate of 203 million euros.
($1 = 0.9246 euros)