Vopak shares jump on strong FY results, new cash return programme

Koninklijke Vopak NV

25/02/2026 08:19

** Dutch tank storage company Vopak VOPA.AS jumps 9.6% after it posted strong full year results and announced a cash return programme of 1.7 billion euros ($2,01 billion) until 2030

** The company reported a 61% surge in its full year net profit to 604 million euros, driven by strong occupancy and cash flow generation

** It raised its long-term operating cash return target to between 13-17% from above 13% previously

** "Amidst all geopolitical uncertainties the report underlines the defensiveness & visibility of the business model," brokerage KBC securities says in a note

** Up to the previous session's close, shares were up 14.8%​ YTD

($1 = 0.8475 euros)

(Reporting by Hugo Lhomedet and Lucie Barbier )

((hugo.lhomedet@thomsonreuters.com))