Report
Thijs Berkelder

Vopak : No longer accepting underperformers: improved returns are here to stay

>Q2 results to be published on 28 July - Vopak will publish its Q2/H1 results on Friday 28 July at 7.00h CET. An analyst call will start at 10.00h hosted by CEO Dick Richelle and CFO Michiel Gilsing. At 16h CET in Rotterdam a physical meeting with CFO Gilsing will finalise the publication day. Group EBITDA outlook for 2023: > € 950m. Following Q1 up 17% to € 249.0m, Vopak lifted guidance for group EBITDA excluding exceptionals to above € 950m from € 910-950m.§rch...
Underlying
Royal Vopak NV

Royal Vopak is a holding company. Via its subsidiaries, Co. acts as a tank storage provider for the oil and chemical industry. Co. operates a network of terminals located at locations along trade routes. Co. also provides a range of additional services, from loading and unloading a range of transport modalities to heating, cooling, blending and customs formalities. The customers Co. serves range from global to local clients and include national and global producers, governments, distributors and traders of liquid and gaseous bulk products. Co.'s customers are active in the production, trading and marketing of oil products, chemicals, gases, biofuels, edible oils and liquefied natural gas.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Thijs Berkelder

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