Tuesday 12, August 2008 by Mike Gallagher

Citi note says DPW not affected by period of slower economic growth

DP World, which has moved into Australian with the $239 million, 40 year lease deal with the Port of Brisbane in Western Australia, has been mentioned in a pre-results research note from Citi. The bank forecasts strong growth for the first half of 2008, and is expecting organic growth and margin progression to be in evidence in marked contrast to the rapid derating of both DP World and Hamburger Hafen und Logistik (HHLA).

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