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Stock Market News

Tank storage firm Vopak’s quarterly profit beats market estimates

04/20/2022

Less than a minute

2022.04.20 08:42

Tank storage firm Vopak's quarterly profit beats market estimates
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)

Source

04/20/2022

Less than a minute