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Koninklijke Vopak NV (VOPA.AS)

VOPA.AS on Amsterdam Stock Exchange

41.72EUR
14 Dec 2018
Change (% chg)

€0.25 (+0.60%)
Prev Close
€41.47
Open
€41.06
Day's High
€41.91
Day's Low
€41.02
Volume
404,391
Avg. Vol
386,260
52-wk High
€44.88
52-wk Low
€32.94

Latest Key Developments (Source: Significant Developments)

Royal Vopak Expands Its Share In LNG Infrastructure In Pakistan
Tuesday, 27 Nov 2018 01:18am EST 

Nov 27 (Reuters) - KONINKLIJKE VOPAK NV ::ROYAL VOPAK NV - ROYAL VOPAK EXPANDS ITS SHARE IN LNG INFRASTRUCTURE IN PAKISTAN.CLOSING IS ANTICIPATED TO TAKE PLACE IN Q1 OF 2019.VOPAK SHARE FROM 29% TO 44% IN ETPL.CLOSING OF FIRST TRANSACTION AS ANNOUNCED 20 JULY 2018 IS STILL ENVISAGED IN Q4 OF 2018.WILL ACQUIRE IN TOTAL 44% IN ELENGY TERMINAL PAKISTAN LTD (ETPL).  Full Article

Koninklijke Vopak Announces Capital Markets Update
Tuesday, 27 Nov 2018 01:00am EST 

Nov 27 (Reuters) - KONINKLIJKE VOPAK NV ::2017-2019 STRATEGY EXECUTION, SET TOWARDS FURTHER GROWTH AND PERFORMANCE DELIVERY IS WELL ON TRACK.COMMISSIONING OF NEW CHEMICAL CAPACITY IN DEER PARK, HOUSTON, THE UNITED STATES, STARTS THIS WEEK.VOPAK IS CONFIDENT THAT IT WILL DELIVER SHORT-TERM PERFORMANCE.VOPAK WILL UPDATE ITS DIVIDEND POLICY.IN THE 2017-2019 PERIOD, WILL INVEST MINIMUM OF EUR 950 MILLION IN GROWING ITS WELL-DIVERSIFIED PORTFOLIO AND NEW INVESTMENT DECISIONS MAY ADD TO THIS NUMBER.MAJOR EXPANSION PROJECTS ARE CURRENTLY UNDER DEVELOPMENT IN MALAYSIA, CANADA, BRAZIL, AND SOUTH AFRICA.VOPAK AIMS TO DELIVER STRONG CASH FLOW GENERATION AND IS COMMITTED TO A DISCIPLINED CAPITAL ALLOCATION.FOCUS ON CAPITAL EFFICIENCY RESULTS IN AN EXPECTED RETURN ON CAPITAL EMPLOYED (ROCE) BETWEEN 10% AND 15%.TARGETS A ROBUST BALANCE SHEET WITH SUFFICIENT FINANCIAL FLEXIBILITY WITHIN A LEVERAGE RANGE OF 2.5 TO 3.0 TIMES NET DEBT TO EBITDA AND CAN FOR A PERIOD BE OUTSIDE THIS RANGE DEPENDING ON CAPITAL ALLOCATION CHOICES.  Full Article

Koninklijke Vopak Q3 Results Beat Reuters Poll
Monday, 5 Nov 2018 01:00am EST 

Nov 5 (Reuters) - KONINKLIJKE VOPAK NV ::Q3 REVENUE EUR 311.4 MILLION VERSUS EUR 309 MILLION IN REUTERS POLL.Q3 NET PROFIT ATTRIB TO HOLDERS OF ORD EARNINGS PER SHARE(EXCLUDING EXCEPTIONALS) EUR 70.5 MILLION VERSUS EUR 65.5 MILLION IN REUTERS POLL.Q3 EBITDA (EXCLUDING EXCEPTIONAL ITEMS) EUR 182.7 MILLION VERSUS EUR 179 MILLION IN REUTERS POLL.Q3 OCCUPANCY RATE OF 86% (YTD Q3 2017: 90%).ANNOUNCES EXPANSIONS OF WHOLLY-OWNED GAS TERMINAL IN VLISSINGEN BY 9,200 CBM FOR LPG AND CHEMICAL GASES.FINANCIAL PERFORMANCE IN 2018 IS EXPECTED TO BE INFLUENCED BY CURRENCY EXCHANGE MOVEMENTS OF PRIMARILY USD AND SGD, AND CHANGES IN OIL MARKET STRUCTURE.ADDITIONAL STORAGE CAPACITY IS EXPECTED TO BE COMMISSIONED IN Q2 2020.VOPAK HAS THE POTENTIAL TO SIGNIFICANTLY IMPROVE THE 2019 EBITDA.  Full Article

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

Vopak inks deal with Engro to buy 29 percent of Pakistan's first LNG terminal

SINGAPORE Global independent tank storage company Vopak said on Friday it has inked an agreement with Engro Corp Ltd to buy a 29 percent stake in Pakistan's first liquefied natural gas (LNG) import facility.