Interbulk plunges after warning of ‘materially’ lower profits
The firm said figures for the six months to March would be “materially” lower than the year before.
Its liquids division suffered especially in the financial first quarter but has seen a pick-up since thanks to work in China, the Middle East and the US. Its dry bulk business was hit by temporary plant shutdowns in the European polymer industry.
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Hide AdChief executive Koert van Wissen said: “Whilst external market conditions remain fragile and unpredictable, there has been an improvement in the second quarter, and with continued focus on controllable costs we expect to deliver an improved second-half performance.”