The CLH Group enjoyed more than a 12% increase in turnover as well as a boost to its profits and EBITDA.
Posting its results from January to September 2015 the group’s turnover amounted to €437.9 million, with after-tax profit increasing by almost 75 to €126.2 million. .
Earning from consignments of petroleum and diesel oils increased by 5% and earnings from consignments of aviation products increased by 79/.4%.
Additionally, income from strategic and security storage during the first nine months of 2015 increased by more than 10% and income from biofuel receipts and storage increased by 9.8% compared to the third quarter of 2014.
Deliveries of oil product from CLH facilities in Spain for the nine month period increased by more than 6% to 31.6 million m3.
As previously reported, international investments experienced an important growth as a result of the acquisition of the GPSS company in the UK, as well as the development of the logistics infrastructure construction project in Oman.
Of the investments in Spain, €28.8 million was devoted to storage facilities and airports and €12.2 million was dedicated to the construction of new centres and extension of storage capacity.