Key highlights Q1 2025
Improve
Grow
Accelerate
CEO message
“We had a strong start to the year, with solid Q1 2025 results. Building on our proven track record of strategic execution, we are well positioned to capture growth opportunities in gas and industrial infrastructure as well as infrastructure for the energy transition. We confirm our outlook for 2025, subject to currency exchange movements and market uncertainty. As announced in our strategy update in March 2025, we see market opportunities to invest an additional EUR 1 billion in gas and industrial terminals by 2030, reaching a total of EUR 2 billion and EUR 1 billion in energy transition infrastructure. We are solidifying our global leading position with an industrial terminal expansion for gas in Thailand, announced earlier this year. We are partnering with OQ in Oman, aiming to unlock future growth opportunities in industrial and energy terminal infrastructure and sustainable energy transition facilities in the port of Duqm. Across the markets we operate in there is uncertainty on trade tariffs, while the situation continues to evolve and is dynamic, we currently foresee limited direct impact on Vopak in the short-term. We have a well-diversified portfolio of terminals in terms of locations, products and contract duration.”
Financial Highlights for Q1 2025
IFRS Measures -including exceptional items-
Alternative performance measures -excluding exceptional items-2
Business KPI
Financial KPIs
Exceptional item in Q1 2025
Source: Vopak