Vopak reports lower profit and revenue in Q1 2026

Vopak confirmed its outlook for 2026 remains subject to ongoing market uncertainties and currency exchange movements. It reported that first quarter results were not materially impacted by the ongoing conflict in the Middle East.

The company is progressing with capital deployment toward gas and industrial infrastructure, with €1.1 billion in growth commitments under construction. These projects are mainly located in the Netherlands, India, and Canada.

A final investment decision was reached to repurpose capacity at the Europoort terminal in the Netherlands for pyrolysis oil storage. Vopak said this move strengthens its industrial partnership at the terminal.