DP World H1 profit increases; LFL revenue growth of 20.1%

(RTTNews) – DP World Limited (DPW.L) reported first-half adjusted EBITDA before separately disclosed items of $2.44 billion, up 34.6%, or a 23.6% increase at data comparable with the previous year. Profit for the period attributable to owners of the company before separately disclosed items increased from $475 million to $721 million.

Revenue was $7.93 billion, up 60.4% from a year ago. Like-for-like revenue growth was 20.1% over the period.

The Group expects a slowdown in the growth rate in the second half of 2022 in a more difficult economic environment.

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