DP World 'still on track for listing'

Praveen Menon
Thursday 24 March 2011 01:00 GMT
Comments

The container ports operator DP World said it was on track to list on the London Stock Exchange this year after its annual profits rose 35 per cent in 2010 to $450m (£276m).

Dubai-based DP World, which bought the British ports and ferries group P&O in 2006, said it had given full-year results to the LSE, which will decide on the listing soon. "We are on track for the London listing," said Mohammed Sharaf, the chief executive. He declined to give a final date but has previously said it plans to list in the second quarter of 2011.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in