Group profits up 32.2 per cent to US$1.96bn, supported by strong European operations including milestone at UK ports
Logistics giant DP World has announced record financial results for 2025, with revenue up 22 per cent to US$24.4bn and adjusted EBITDA up 18 per cent to US$6.4bn.
The results were driven by strong performance across Ports & Terminals and Logistics, the company noted.
Total group gross throughput increased 5.8 per cent to 93.4mn twenty-foot equivalent units (TEUs).
Profits for the year increased 32.2 per cent to US$1.96bn, reflecting ”operating leverage and disciplined cost management”, it noted, while operating cash flow rose 14 per cent to US$6.3bn.
“In an environment defined by heightened uncertainty and changing trade dynamics, our diversified portfolio, disciplined capital allocation and focus on high-yield cargo enabled us to deliver resilient earnings and strong cash flow,” said H E Essa Kazim, chairman of the board of directors at DP World.
”These results reflect the strength of our integrated platform and our ability to adapt as supply chains reconfigure.”
Yuvraj Narayan, group CEO at DP World, added: “Ports & Terminals performed strongly, supported by healthy volumes, improved yield and disciplined cost management, with like-for-like revenue per TEU increasing by 8.5 per cent.
”In 2025, we unified our Marine Services business under a single DP World brand, strengthening our position as a fully integrated global logistics provider.
”Across Logistics and our broader trade platform, we continued to scale capabilities and deepen collaboration through our ‘One DP World’ operating model,” he continued.
”We remain focused on disciplined capital allocation, operational excellence and customer-centric execution – supporting customers through near-term uncertainty while investing selectively to deliver sustainable long-term growth.”
Return on capital employed increased from 8.9 per cent in 2024 to 9.9 per cent, reflecting stronger earnings despite continued geopolitical and trade uncertainty.
DP World said it invested US$3.1bn in capital expenditure in 2025 (up from US$2.2bn in 2024) to support capacity expansion and productivity enhancements globally, while port capacity increased to 109mn TEUs.
For 2026, the group’s 2026 capex budget is approximately US$3bn, focused on priority projects including Jebel Ali, Drydocks World, Tuna Tekra (India), London Gateway (UK), Ndayane (Senegal) and Jeddah (Saudi Arabia).
The company reduced Scope 1 and 2 emissions by 14 per cent against a 2022 baseline, while approximately 67 per cent of global electricity is now sourced from renewables.
European operations contributed strongly to group performance, it said, with record performance across the region.
In the UK, London Gateway and Southampton achieved a combined 5mn TEU for the first time, while Antwerp Gateway also hit a new container handling record at 2.47mn TEUs.
Last year also saw the launch of the Atlas sea route linking Morocco’s fresh produce with EU and UK markets, a new pan-European logistics service managed from Bucharest, and a new Freight Forwarding service in Sweden.
New infrastructure investments included three remote controlled quay cranes at Korfez terminal in Turkey.
“DP World’s operations in Europe are playing a central role in our global growth,” said Rashid Abdulla, DP World Europe managing director and CEO.
”Our integrated logistics network enables us to offer customers innovation, value and resilience across their supply chains.
”We continue to invest in infrastructure and capacity across the region to ensure we are well positioned to support businesses and trade both today and in the future,” he added.
