Dutch tank operator Vopak rises after lifting 2026 outlook
BUZZ-Dutch tank operator Vopak rises after lifting 2026 outlook ** Shares in Vopak VOPA.AS are up about 4% after the Dutch tank operator posted its Q2 results and hiked its full year targets
** "Vopak reported a solid performance in an uncertain geopolitical and overall business landscape," ING said in a note
** ODDO BHF analyst Thijs Berkelder said that the quality of Vopak operations in other parts of the world largely offset for now the disruptions from the Middle East
** A guidance hike in the current environment is "very encouraging," ING said
** The group reported Q2 revenue rising to €343.9 million and announced a shift to a semi-annual dividend
** It now guides for proportional EBITDA of between €1.18-1.22 bln and proportional operating free cash flow of around €820 mln
** Including today's rise, the stock has gained 28.67% YTD
(Reporting by Hugo Lhomedet and Jerome Terroy)
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