Vopak shares rise after Q1 earnings beat expectations

Koninklijke Vopak NV

22/04/2026 08:31

** Dutch tank storage operator Vopak VOPA.AS rises 3% after reporting Q1 core earnings of 295 million euros ($346.60 million)ahead of market consensus

** KBC Securities says the results "confirm our appraisal of Vopak as an attractively priced, defensive grower"

** Broker notes the co "currently foresees limited direct financial impact at Vopak group overall given its well-diversified portfolio of terminals in terms of locations, products and contract duration," despite volatile markets

** Vopak maintains its FY core earnings outlook at 1,150-1,200 million euros and operating FCF guidance at around 800 million euros

** Including today's rise, the stock has gained 15.1% YTD

($1 = 0.8511 euros)

 (Reporting by Jerome Terroy)

 ((jerome.terroy@thomsonreuters.com))