General Announcement::GUNVOR GROUP POSTS 25% INCREASE IN EBITDA FOR 2013

Issuer & Securities

Issuer/ Manager
GUNVOR GROUP LTD
Securities
GUNVOR US$500M 5.875%N180521 - XS0934113076 - 2VHB

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
17-Apr-2014 08:03:16
Status
New
Announcement Sub Title
GUNVOR GROUP POSTS 25% INCREASE IN EBITDA FOR 2013
Announcement Reference
SG140417OTHRWDAC
Submitted By (Co./ Ind. Name)
Issuer Services
Designation
SGX-ST
Description (Please provide a detailed description of the event in the box below)
Gunvor Group Ltd ("Gunvor") today released its full year 2013 results, ending 31 December 2013. For the year, Gunvor's EBITDA increased by 25% to US $719 mil., up from US $575 million the year prior. This represents an average 28% increase in EBITDA year-on-year for the last three years.

Attachments

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