Dubai, Mar. 13 (BNA): DP World, a logistics and supply chain solutions company based in Dubai, recorded a 9.7% revenue growth in 2024, reaching $20 billion, while adjusted EBITDA rose by 6.7% to $5.5 billion. Net profit for the year amounted to $1.5 billion.

According to Emirates News Agency (WAM), DP World's capacity exceeded 100 million twenty-foot equivalent units (TEU), supported by continued investment in high-growth key markets.

Capital expenditure amounted to $2.2 billion, compared to $2.1 billion in 2023, across the existing portfolio. The capital expenditure budget for 2025 is approximately $2.5 billion, to be invested mainly in Jebel Ali Port, Drydocks World, Jebel Ali Freezone, Tuna Tekra Container Terminal in India, London Gateway Port in the United Kingdom, Ndayane Port in Senegal, and Jeddah Port in the Kingdom of Saudi Arabia.

According to the group, cash generated from operating activities increased by 18.9% to $5.5 billion in 2024, compared to $4.6 billion in 2023.

A.S.