Analyse Vopak NV

Fundamentele Analyse : FY 2017

Fundamentele Analyse : FY 2016

Eelco Hoekstra, Chairman of the Executive Board and CEO of Royal Vopak said :


"2016 was a year in which we celebrated our 400-year history. A milestone for our company. Instilling a sense of pride in all of us. Our 2016 results show that we are on the right track in our pursuit of leadership in our industry. We operated the Group's network above 90% occupancy levels, accomplished better safety performance levels, higher customer satisfaction scores and an employee engagement score at par with high performance companies in the survey database. Regretfully, the new year started with a fatal accident involving a contractor at one of our terminals in Belgium. This tragic incident reminds us again that ensuring a safe workplace for all, is our first priority".


"Following the outcome of our business review in 2014, we worked hard on the further alignment of our global network. As a result, we initiated a divestment program, which we finalized in 2016 with the sale of the development project in Dongguan (China) and the terminals in Japan. We also successfully completed the sale of our UK assets. At the same time, we executed our strategy in line with the updated portfolio criteria. In 2016, we started activities in Panama, expanded in the United Arab Emirates and opened a new LPG facility in Singapore".


 Source : Press Release Royal Vopak NV Annual Report 2016, February 17, 2016

Fundamentele Analyse : FY 2015

Eelco Hoekstra, Chairman of the Executive Board and CEO of Royal Vopak said :


"We achieved our financial targets for 2015. We are confident about the future earnings potential of the company and propose to increase the dividend per ordinary share with 11%. Global imbalances, long- term contracts and effective supply chain positioning continue to be the main drivers behind the strong demand for our infrastructure services.

"The lower oil price environment contributed to

the higher occupancy rate in the Netherlands and EMEA and increased market interest for our newly commissioned oil terminals in Asia. Overall demand for chemicals remains healthy, supported by increase in GDP, population growth and rising wealth levels.


"We will continue to focus on operating a leading company in our industry that is dedicated to even further improve the safety and health of our employees, as well as the quality of the environment in which we operate and the communities connected to Vopak. In 2016, Vopak will continue with the execution of our strategic priorities, which will strengthen Vopak’s competitive position, making it easier to adapt to changing circumstances in order to seize opportunities and to continue our focus on sustainable long-term value creation".


 Source : Royal Vopak NV Annual Report 2015, February 26, 2016