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Vopak expects clean energy investments to accelerate towards 2030, CEO says

Vopak expects clean energy investments to accelerate towards 2030, CEO says Spent less than $100 mln of the $1 bln pledged to invest by 2030 Projects slowed by lack of government mandates, higher costs Aims to capture bigger share of biofuels market By Florence Tan and Jeslyn Lerh SINGAPORE, Nov 1 (Reuters) - Global tank storage operator Vopak VOPA.AS has committed just a fraction of the $1 billion it allocated for energy transition projects by 2030 but expects investments to accelerate towards
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Vopak confirms plans for IPO of Indian venture AVTL

Vopak confirms plans for IPO of Indian venture AVTL Oct 30 (Reuters) - Dutch tank storage firm Vopak VOPA.AS on Wednesday confirmed it plans to proceed with an initial public offering (IPO) for its Indian joint venture AVTL. "The private placement we announced yesterday is a precursor for the IPO," group CFO Michiel Gilsing told Reuters, adding that he sees "massive potential in terms of trading at the Indian Stock Exchange".
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Vopak narrows 2024 profit outlook range on strong fuel storage demand

UPDATE 2-Vopak narrows 2024 profit outlook range on strong fuel storage demand Adds CEO's comment in paragraph 3 By Alban Kacher Oct 30 (Reuters) - Vopak VOPA.AS raised the lower end of its 2024 core profit outlook range on Wednesday after reporting third-quarter profit slightly ahead of expectations , as the Dutch tank storage firm continued to see solid demand for its infrastructure services.
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Vopak Eyes FY Proportional EBITDA Of EUR 1,160-1,180 Mln

BRIEF-Vopak Eyes FY Proportional EBITDA Of EUR 1,160-1,180 Mln Oct 30 (Reuters) - Koninklijke Vopak NV VOPA.AS : UPDATED FY2024 PROPORTIONAL EBITDA OUTLOOK TO EUR 1,160-1,180 MILLION, EBITDA OUTLOOK TO EUR 930-950 MILLION CONSOLIDATED GROWTH CAPEX OUTLOOK FOR FY 2024 REMAINS UNCHANGED PROPORTIONAL OPERATING CASH RETURN LONG-TERM OUTLOOK REMAINS UNC
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Vopak beats Q3 profit view on sustained demand

Vopak beats Q3 profit view on sustained demand By Alban Kacher Oct 30 (Reuters) - Dutch tank storage firm Vopak VOPA.AS reported slightly higher-than-expected core profit in the third quarter on Wednesday, as it continued to see solid demand for its infrastructure services. The company posted earnings before interests, taxes, depreciation and amortization (EBITDA) of 233.3 million euros ($252.4 million) for the quarter, while analysts expected 231 million euros, according to consensus figures qu
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