(Reuters) – Dutch oil and chemical storage company Vopak’s first-quarter earnings beat market expectations on Wednesday, boosted by growth projects and good performance in the Americas.

The group reported a core profit (EBITDA) of 213.1 million euros ($230.47 million) for the first three months of the year, above analysts’ average estimate of 203 million euros.

($1 = 0.9246 euros)

(Reporting by Juliette Portala, editing by Milla Nissi)