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  Market: Dubai Symbol: DPW ISIN: AEDFXA0M6V00 Industry: Transportation


Share Data (26/03/2020) Dubai
Currency USD
Previous Close 15.16
Change (%) -1.88
Volume 244,633
Number of Shares (mil) 830
Market Cap (mil) 12,583

 Key figures 2019 2018 2017
Consolidated Income Statement, USD Mil      
Revenue from operations 7,685.9 5,646.3 4,714.7
Adjusted EBITDA 3,305.6 2,808.0 2,469.0
Net finance costs -715.5 -434.6 -329.9
Profit for the year 1,341.4 1,332.8 1,362.5
Profit attributable to Owners of the Company 1,327.9 1,270.1 1,208.5
Consolidated Statement of Financial Position, USD Mil      
Total assets 34,062.5 26,513.3 23,113.9
Total equity 12,847.2 11,998.9 11,625.4
Total liabilities 21,215.3 14,514.4 11,488.5
Consolidated Statement of Cash Flows, USD Mil      
Net cash from operating activities 2,253.8 1,951.5 2,207.9
Net cash (used in)/from investing activities -2,193.2 -2,107.5 -586.0
Net cash used in financing activities 263.4 1,327.3 -1,481.4
Cash and cash equivalents as at 31 December 2,943.4 2,614.7 1,483.7
Key indicators      
Basic Earnings Per Share, US cents 143.2 156.2 141.8
Earnings Per Share exc SDI, US cents 160.0 153.0 145.6
Adjusted EBITDA margin, % 43.0 49.7 52.4
Return on Capital Employed, % 7.5 8.4 8.8

 Company presentation

DP World has a portfolio of over 150 operations in over 45 countries across six continents with the Group’s core business in the highly resilient container handling operations which generates approximately 70% of revenues. The Group generates more than 75% of its throughput in faster growing markets and 70% of its volumes in higher margin origin & destination cargo. DP World has an average concession life of approximately 37 years.

Key Capacity Additions
New Developments and major expansions 2020 Year End Forecast
Consolidated Capacity
  • Karachi (Pakistan)
  • Sokhna (Egypt)
  • Yarimca (Turkey)
  • Fraser Surrey Docks (Canada)
  • Posorja (Ecuador)
Approx. 57.5m TEU
Gross Capacity
(Consolidated plus equity-accounted investees)
As above
Approx. 95.0m TEU
  • Many of our existing portfolio of terminals have the ability to increase capacity as utilization rates and customer demand increases.
  • 2020 expected new capacity: Sokhna (Egypt) 0.7m TEU; Karachi (Pakistan) 0.4m TEU; Yarimca (Turkey) 0.4mn TEU
Key Capacity Additions
New Developments and major expansions
Consolidated Capacity
  • Karachi (Pakistan)
  • Sokhna (Egypt)
  • Yarimca (Turkey)
  • Fraser Surrey Docks (Canada)
  • Posorja (Ecuador)
Gross Capacity
(Consolidated plus equity-accounted investees)
As above
2020 Year End Forecast
Consolidated Capacity Approx. 57.5m TEU
Gross Capacity
(Consolidated plus equity-accounted investees)
Approx. 95.0m TEU
  • Many of our existing portfolio of terminals have the ability to increase capacity as utilization rates and customer demand in cre ases.
  • 2020 expected new capacity: Sokhna (Egypt) 0.7m TEU; Karachi (Pakistan) 0.4m TEU; Yarimca (Turkey) 0.4mn TEU

EBITDA Margins
$ million 2019 2018 As reported % change % change Like-for-like at constant currency(1)
Share of profit from equity-accounted investees 153 165 (7.1%) (2.2%)
Adjusted EBITDA (including share of profit from equity-accounted investees) 3,306 2,808 17.7% 0.5%
Adjusted EBITDA margin 43.0% 49.7% - 49.6%(2)

(1) Like-for-like normalises for monetisations, new developments and currency impact and Australia consolidation
(2) Displays adjusted EBITDA margin on a like-for-like basis rather than % change.