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An announcement from Royal Vopak NV ( (GB:0O8V) ) is now available.
Royal Vopak NV reported strong financial results for FY 2024, with a net profit of EUR 376 million and a record proportional EBITDA of EUR 1,170 million. The company announced a new EUR 100 million share buyback program and a 6.7% increase in dividend distribution, reflecting its solid performance and strategic growth in gas infrastructure and sustainable energy investments. Vopak’s expansions in Canada, India, and the Netherlands, alongside investments in new energies, highlight its efforts to enhance its market position and offer value to stakeholders.
More about Royal Vopak NV
Royal Vopak NV operates in the energy and chemical storage industry, focusing on providing infrastructure for oil, gas, and chemical products. The company is involved in expanding its gas infrastructure and industrial terminals globally, while also investing in sustainable energy solutions.
YTD Price Performance: 4.94%
Average Trading Volume: 14,969
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €5.01B
For a thorough assessment of 0O8V stock, go to TipRanks’ Stock Analysis page.
