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    VPK   NL0009432491

ROYAL VOPAK N.V.

(VPK)
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Royal Vopak : Vopak completes divestment of terminal in Algeciras

01/31/2020 | 07:30am EST

Vopak completes divestment of terminal in Algeciras

Rotterdam, the Netherlands, 31 January 2020


Today, Royal Vopak completed the earlier announced divestment of its oil terminal in Algeciras to First State Investments. This divestment is the finalization of the sale of three terminals (Amsterdam, Hamburg and Algeciras) to First State Investments as previously announced.

On 12 February 2020, Vopak will publish its 2019 full-year results, including the financial results of the divestment which are in line with previous announcements made in 2019.


Profile Vopak 
Royal Vopak is the world’s leading independent tank storage company. We store vital products with care. With over 400 years of history and a focus on sustainability, we ensure safe, clean and efficient storage and handling of bulk liquid products and gases for our customers. By doing so, we enable the delivery of products that are vital to our economy and daily lives, ranging from chemicals, oils, gases and LNG to biofuels and vegoils. We are determined to develop key infrastructure solutions for the world’s changing energy systems, while simultaneously investing in digitalization and innovation. Vopak is listed on the Euronext Amsterdam and is headquartered in Rotterdam, the Netherlands. For more information, please visit vopak.com

This press release contains inside information as meant in clause 7 of the Market Abuse Regulation.

For further information please contact:

Vopak Press
Liesbeth Lans, Manager External Communication,
Telephone : +31 (0)10 4002777, e-mail: global.communication@vopak.com

Vopak analysts and investors
Laurens de Graaf, Head of Investor Relations
Telephone : +31 (0)10 4002776, e-mail: investor.relations@vopak.com

Attachment

  • 2020-01-31 Press Release Vopak completes divestment of terminal in Algeciras

© OMX, source OMX

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Financials
Sales 2022 1 364 M 1 480 M 1 480 M
Net income 2022 -158 M -172 M -172 M
Net Debt 2022 2 878 M 3 123 M 3 123 M
P/E ratio 2022 -312x
Yield 2022 4,41%
Capitalization 3 638 M 3 948 M 3 948 M
EV / Sales 2022 4,78x
EV / Sales 2023 4,69x
Nbr of Employees 5 775
Free-Float 38,1%
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Last Close Price 29,08 €
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Dick Richelle Chief Executive Officer & Chairman-Executive Board
Michiel Gilsing Chief Financial Officer
Beschier Jacob Noteboom Chairman-Supervisory Board
Leo Brand Global Director-Information Technology
Jan Bert Schutrops Global Director-Operations & Technology
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