Explore our Annual Report to uncover DP World's strategic, operational, and financial highlights. Delve into the Chairman's message and our business updates, reflecting our dedication to transforming global trade. For a deeper dive into our journey and achievements, the complete report is available for download.
Message from the chairman
"At DP World, we are prepared to take on any challenge and turn it into an opportunity – and there are no exceptions to this rule when it comes to the disruptions we are facing today."
Sultan Ahmed bin Sulayem
Group Chairman & Chief Executive Officer
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OUR HIGHLIGHTS
US$20bn
Revenue
Revenue is in US$ million before separately disclosed items. The results of the Group are set out in detail in the Consolidated Financial Statements and accompanying notes in the full report.
US$751m
Profit attributable to owners
Profit attributable to owners of the company is calculated before taking separately disclosed items into account and after minority interest.
US$5,450m
Adjusted EBITDA
Growing adjusted EBITDA (Earnings Before Interest, Tax, Depreciation and amortisation) is a key measure of value delivered to shareholders. Adjusted EBITDA is calculated including our share of profit from equity accounted investees before separately disclosed items.
27.2%
Adjusted EBITDA margin
Adjusted EBITDA (Earnings Before Interest, Tax, Depreciation and amortisation) is a key measure of value delivered to shareholders. The adjusted EBITDA margin is calculated by dividing adjusted EBITDA by revenue.
Crossing 100M TEUs
At the end of 2024, we surpassed 100 million TEUs of container capacity across our global portfolio.
Achieving Net Zero
We committed to a new decarbonisation target of 42% by 2030 (up from our previous 28% target), validated by the Science Based Targets initiative (SBTi).
New industry verticals
We acquired Cargo Services Far East Ltd, a global supply chain provider headquartered in Hong Legend Global Logistics, a Singapore-based global logistics firm specialising in the chemicals industry – to expand our our end-to-end offering.
Expansion of Freight Forwarding
We launched our global freight forwarding network, opening close to 200 freight forwarding offices globally, covering over 90% of global trade lanes.
BUSINESS REVIEW
With a vision to lead the future of world trade, we are working towards providing end-to-end supply chain solutions for our customers and partners.
Logistics
Building on our strong foundation in ports and terminals and marine services, DP World is accelerating growth through substantial investments in logistics, creating a fully integrated global logistics network.
These investments enable us to deliver specialised services and end-to-end logistics solutions for Beneficial Cargo Owners (BCOs) across a wide range of targeted industries. Our global logistics business is building a comprehensive network across six continents that are fully operational. Supported by a dedicated workforce of over 50,000 professionals, the logistics business plays a pivotal role in driving future growth, already contributing over US$8 billion in revenue and solidifying DP World’s journey toward becoming a global logistics provider at scale.
Ports & Terminals
DP World’s record-breaking 100 million TEU container handling capacity this year was driven by targeted investments in ports and terminals, including Callao in Peru and London Gateway in the UK and new sites in Indonesia, Tanzania, and Türkiye increasing gross container handling capacity by 5% globally.
Despite geographical obstacles, we had strong volume performance across the portfolio, with excellent numbers in Jebel Ali in UAE, Posorja in Ecuador and London Gateway in the UK. Our volume growth and capacity expansions have enabled us to meet our customers’ needs in a shifting global landscape.
Marine Services
Marine Services plays a pivotal role in enabling seamless, efficient, and sustainable maritime operations across the globe.
With a commitment to innovation, operational excellence, and customer-centric solutions, Marine Services integrates a diverse range of offerings, including feedering, shortsea services, multimodal transport, offshore logistics, towage and terminal support, and end-to-end supply chain solutions. At the heart of Marine Services are DP World’s specialised subsidiaries, including the Unifeeder Group, which focuses on short-sea and feeder networks, connecting cargo from major global hubs to regional ports. Ensuring operational continuity and reliability, Unifeeder can create routes everywhere, enhancing trade connectivity and strengthening DP World’s integrated logistics network.
Technology
DP World advanced its efforts to remain a leader in global trade, delivering end-to-end supply chain solutions powered by state-of-the-art technology.
We are transforming our core digital capabilities by integrating Artificial Intelligence (AI) across our operations to improve efficiency, sustainability, and customer satisfaction. CARGOES, our suite of proprietary technologies, is at the heart of this transformation. Through CARGOES we have automated our Ports and Terminals ecosystem, digitised customs processes, and provided end-to-end tracking for shipments across sea, air, and land.
