Dp World Achieves Record 20bn Revenue

DP World has reported strong financial results, achieving record revenue of 20 billion in 2024, up 9.7 from the previous year.

The companys adjusted earnings before interest, taxation, depreciation and amortisation Ebidta rose by 6.7 to 5.5 billion on the back of the strong performance of its ports and terminals operations as well as contributions from its recent acquisitions.

According to the company its revenue growth of 9.7 was driven by improved port and terminal operations and a 13.9 increase in revenue per Twenty-foot Equivalent Unit TEU handled.

However, net profit for the year was down 2 to 1.5 billion due to higher finance costs.

DP World invested in its infrastructure, leading to it exceeding 100 million TEUs in capacity in 2024, with capital expenditure of 2.2 billion mainly in Jebel Ali UAE, London Gateway UK, and Ndayane Senegal.

DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem, said the companys record 20 billion in revenue and 5.5 billion in Ebitda was a remarkable achievement given the complex geopolitical landscape.

These results demonstrate the benefits of our strategic focus on high-margin cargo, end-to-end integrated supply chain solutions and disciplined cost optimisation.

This strategy is positioning DP World for sustained long-term growth and value creation. By enhancing efficiency, expanding our capabilities and deepening partnerships, we are building a resilient business, well-equipped to capitalise on new opportunities as global trade evolves.

He said the company was continuing to strengthen its logistics platform with end-to-end solutions that drive efficiency and improve the flow of trade.

Our asset-appropriate strategy, combined with critical infrastructure in key markets, ensures that we scale efficiently while delivering specialised capabilities where they are needed most.

Strategic investments in high-growth sectors and emerging trade corridors are expanding our expertise, enabling us to provide value-added solutions. By enhancing connectivity and streamlining supply chains, we are reinforcing DP Worlds role as a leading trade enabler, helping cargo owners navigate complexity, go to market quicker and build greater supply chain resilience.

The company has planned a 2.5 billion budget for 2025 to further expand its portfolio.