Announcing its financial results for the year ended 31 December 2024, DP World registered a record revenue of US$ 20 billion, reflecting a growth of 9.7 per cent, commented Sultan Ahmed bin Sulayem, Chairman and CEO, DP World Group. The adjusted EBITDA rose by 6.7 per cent to US$ 5.5 billion with an adjusted EBITDA margin of 27.2 per cent, he said. Revenue growth was due to improved performance from ports and terminals and contributions from new acquisitions and concessions. “We are proud to report record revenue of $20.0 billion and record EBITDA of $5.5 billion for 2024, a remarkable achievement given the complex geopolitical landscape,” Sulayem added. Ports and terminals revenue per TEU increased 13.9 per cent on a like-for-like basis with strong growth from the Middle East and Americas.
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