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Koninklijke Vopak NV (VOPA.AS)

VOPA.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Koninklijke Vopak Expands Tank Terminal In Indonesia‍​
Friday, 16 Feb 2018 01:14am EST 

Feb 16 (Reuters) - KONINKLIJKE VOPAK NV :‍​:‍ROYAL VOPAK: EXPANSION OF VOPAK TANK TERMINAL (JTT) IN PORT OF JAKARTA - INDONESIA​.EXPANSION WITH 100.000 CBM FOR STORAGE OF GASOLINE AND BIOFUELS OF PT JAKARTA TANK TERMINAL (JTT).JOINT VENTURE COMPANY IN INDONESIA BETWEEN ROYAL VOPAK AND PT AKR CORPORINDO TBK (AKR).THE EXPANSION IS EXPECTED TO BE COMMISSIONED IN PHASES FROM Q1 TO Q4 2019.THE EXPANSION WILL TAKE THE TOTAL TANK CAPACITY OF JTT TO MORE THAN 350,000 CBM.  Full Article

Vopak FY EBITDA (Excl. Exceptional Items) Down At 763‍​ Million Euros
Friday, 16 Feb 2018 01:00am EST 

Feb 16 (Reuters) - KONINKLIJKE VOPAK NV ::REG-VOPAK REPORTS ON 2017 FINANCIAL RESULTS.FY REVENUE EUR ‍​1.31 BILLION VERSUS EUR 1.30 BILLION IN REUTERS POLL.FY EBITDA (EXCLUDING EXCEPTIONAL ITEMS) EUR 763‍​ MILLION VERSUS EUR 822.3 MILLION YEAR AGO.FY NET PROFIT GROUP SHARE (EXCLUDING EXCEPTIONAL ITEMS) EUR 287.4 MILLION VERSUS EUR 270 MILLION IN REUTERS POLL.PROPOSES DIVIDEND OF EUR 1.05 (2016: EUR 1.05) PER ORDINARY SHARE‍​.HAS POTENTIAL TO SIGNIFICANTLY IMPROVE 2019 EBITDA, SUBJECT TO MARKET CONDITIONS AND CURRENCY EXCHANGE MOVEMENTS.PROJECTS UNDER DEVELOPMENT WILL ADD 3.1 MILLION CBM OF STORAGE CAPACITY TO OUR GLOBAL NETWORK BY 2019‍​.FINANCIAL PERFORMANCE IN 2018 IS EXPECTED TO BE INFLUENCED BY CURRENCY EXCHANGE MOVEMENTS OF PRIMARILY USD AND SGD.FINANCIAL PERFORMANCE IN 2018 IS EXPECTED TO BE INFLUENCED BY CURRENTLY LESS FAVORABLE OIL MARKET STRUCTURE.2017 EFFECTIVE TAX RATE -INCLUDING EXCEPTIONAL ITEMS- WAS 8.4% COMPARED TO 11.1% IN 2016.TAX RATE: DECREASE WAS MAINLY DUE TO EFFECTS OF CHANGES IN CORPORATE INCOME TAX RATES IN US AND BELGIUM.  Full Article

Vopak With Gasunie And Oiltanking Are Establishing Joint Venture
Wednesday, 17 Jan 2018 08:41am EST 

Jan 17 (Reuters) - KONINKLIJKE VOPAK NV ::GERMAN LNG TERMINAL LAUNCHES OPEN SEASON.GASUNIE LNG HOLDING B.V., OILTANKING GMBH AND VOPAK LNG HOLDING B.V. IN PROCESS OF ESTABLISHING JOINT VENTURE 'GERMAN LNG TERMINAL GMBH'.PURPOSE OF JOINT VENTURE IS TO BUILD, OWN AND OPERATE LNG IMPORT TERMINAL IN NORTHERN GERMANY.  Full Article

Vopak Appoints Gerard Paulides As CFO And Member Of Executive Board
Friday, 15 Dec 2017 08:54am EST 

Dec 15 (Reuters) - KONINKLIJKE VOPAK NV ::EXTRAORDINARY GENERAL MEETING PASSES RESOLUTION TO APPOINT GERARD PAULIDES AS MEMBER OF THE EXECUTIVE BOARD AND CFO.TO APPOINT GERARD PAULIDES AS MEMBER OF EXECUTIVE BOARD AND CFO AS PER 1 FEBRUARY 2018 FOR A TERM OF 4 YEARS.  Full Article

Koninklijke Vopak 9 months revenue ‍​down at 981.4 million euros
Monday, 6 Nov 2017 01:05am EST 

Nov 6 (Reuters) - KONINKLIJKE VOPAK NV ::Q3 REVENUE EUR 312.1 MILLION VERSUS EUR 328.2 MILLION YEAR AGO.Q3 NET ATTRIBUTABLE PROFIT INCLUDING EXCEPTIONAL ITEMS OF EUR 86.8 MILLION VERSUS EUR 81.8 MILLION YEAR AGO ‍​.9MONTH EBITDA EXCLUDING EXCEPTIONAL ITEMS EUR 570.5‍​ MILLION VERSUS EUR 624.7 MILLION YEAR AGO.9MONTH REVENUE EUR ‍​981.4 MILLION VERSUS EUR 1.01 BILLION YEAR AGO.EXPECT THE 2017 EBITDA -EXCLUDING EXCEPTIONAL ITEMS- TO BE AROUND 10% LESS THAN 2016 EBITDA OF EUR 822 MILLION ‍​.  Full Article

Vopak H1 EBITDA excluding exceptional items decreases to 394.1 million euros
Friday, 18 Aug 2017 01:31am EDT 

Aug 18 (Reuters) - KONINKLIJKE VOPAK NV ::H1 NET PROFIT ATTRIB. TO HOLDERS OF ORDINARY SHARES EXCLUDING. EXCEPT. ITEMS EUR 150.4 MILLION VERSUS EUR 173.9 MILLION YEAR AGO.Q2 NET PROFIT ATTRIBUTABLE TO HOLDERS OF ORDINARY SHARES EXCLUDING. EXCEPT. ITEMS EUR 73.9 MILLION VERSUS EUR 76.1 MILLION IN REUTERS POLL.AVERAGE OCCUPANCY RATE FOR H1 IS 91% (HY1 2016: 94%).H1 REVENUE EUR 669.3 MILLION VERSUS EUR 679.9 MILLION YEAR AGO.FOR 2017, WE EXPECT TO REALIZE AN AVERAGE OCCUPANCY RATE OF AROUND 90% (2016: 93%).WE EXPECT THAT 2017 EBITDA WILL BE 5-10% LOWER THAN 2016 EBITDA (EUR 822 MILLION).Q2 EBITDA EXCLUDING EXCEPTIONAL ITEMS EUR 191 MILLION VERSUS EUR 201 MILLION IN REUTERS POLL.H1 EBITDA EXCLUDING. EXCEPTIONAL ITEMS EUR 394.1 MILLION VERSUS EUR 421 MILLION YEAR AGO.H1 RESULTS IN NETHERLANDS ARE BELOW EXPECTATIONS, RESULTS FOR EMEA, ASIA AND LNG ARE IN LINE WITH OUTLOOK, WHILE AMERICAS RESULTS ARE ABOVE EXPECTATIONS.  Full Article

European Commission approves of Gasunie, Oiltanking and Vopak setting up JV
Wednesday, 12 Jul 2017 08:30am EDT 

July 12 (Reuters) - KONINKLIJKE VOPAK NV ::REG-EUROPEAN COMMISSION APPROVAL FOR GASUNIE <<>>, OILTANKING AND VOPAK TO SET UP JOINT VENTURE TO DEVELOP LNG TERMINAL IN NORTHERN GERMANY.  Full Article

Royal Vopak Q1 2017 financial results decrease in comparison to Q1 2016
Wednesday, 19 Apr 2017 01:00am EDT 

April 19 (Reuters) - Koninklijke Vopak NV ::Q1 revenues 341.8 million euros ($366.41 million) versus 337 million euros in Reuters poll.Compared to Q1 2016 financial results decreased, mainly due to divestments and somewhat lower occupancy rates.Q1 EBIT increased with 5 percent to 135 million euros.Reuters poll expectations: Q1 EBITDA 201 million Q1 EBIT increased with 5 percent to 135 million euros, net profit 78.6 million euros.Q1 EBITDA increased with 3 percent to 203 million euros compared to previous quarter.Q1 net profit attributable to holders of ordinary shares increased with 7% to 77 million euros.Q1 financial performance is in line with our outlook for 2017.Reiterates confidence to achieve average occupancy rate of at least 90 pct and expect that 2017 EBITDA will not exceed 2016 EBITDA.  Full Article

FCC in consortium wins contract to build Vopak storage terminal in Panama
Monday, 3 Apr 2017 05:27am EDT 

Fomento de Construcciones y Contratas SA : Says in consortium with Felguera IHI wins contract to build Vopak storage terminal in Panama .The contract was awarded by Royal Vopak.  Full Article

Koninklijke Vopak confident about deal with Exmar - conf call
Friday, 17 Feb 2017 06:29am EST 

Koninklijke Vopak NV : Is confident that there is going to be a deal with Exmar; needs to fulfill several conditions before the deal takes effect - conference call . Technology expenditure will be "reasonably well spread" over 2017-2019 - conference call Further company coverage: [VOPA.AS] (Gdynia Newsroom:) ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;)).  Full Article

UPDATE 2-Dutch firm Vopak 2017 earnings beat expectations, shares surge

* Firms sees 2018 influenced by less favourable oil market (Adds share jump, net profit figure)