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The Guardian - UK
The Guardian - UK
World
Alex Lawson Energy correspondent

Trafigura hands out $1.7bn in dividends on profits fuelled by Ukraine war

Trafigura logo
Chief financial officer Christophe Salmon hails a strong year as profits double. Photograph: Denis Balibouse/Reuters

The commodities trading firm Trafigura is to hand more than $1.7bn (£1.4bn) to its top traders and shareholders after the energy crisis, fuelled by the war in Ukraine, led to a surge in profits.

Trafigura, one of the world’s largest specialist commodity traders, posted a record $7bn net profit in its last financial year, more than the previous four years combined after making gains from the market volatility caused by Russia’s invasion of Ukraine.

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