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10-Jun-2020 07:47 AM

Global Ports reports wider losses in Q1 as higher costs offset revenue

Independent cruise port operator Global Ports reported wider first-quarter losses as higher costs offset a climb in revenue. For the period from 1 January to 31 March 2020, pre-tax losses widened to $16.5m from $13.8m on-year, while revenue rose 3% to $
14-Apr-2020 09:43 AM

Global Ports swings to loss amid coronavirus-led hit to cruise operations

Independent cruise port operator Global Ports swung to an annual loss as the Covid-19 outbreak had a 'significant' impact on its cruise operations. For the twelve months ending 31 December 2019, the company reported a pre-tax loss of $13.4m com
11-Mar-2020 09:22 AM

Global Ports temporarily suspends dividend amid impact on cruise industry from coronavirus outbreak

Cruise operator Global Ports said it had decided to temporarily suspend its full-year dividend amid an 'unprecedented' level of disruption to global trade and the cruise industry following the outbreak of the coronavirus. The company said, how
05-Aug-2019 08:23 AM

Global Ports downgrades outlook on earnings amid ongoing weakness in Q3

Cruise port operator Global Ports warned earnings growth was expected in the low single digits as performance in the third quarter of the year had remained weak. '(M)anagement now believe that for full year 2019 organic growth in the Group's
24-May-2019 08:40 AM

Global Ports JV to take over Tunisian port terminal

Global Ports, the world's largest independent cruise port operator, has been notified by the government of Tunisia that the group's bid, submitted in a joint venture with MSC Cruises, to acquire Goulette Shipping Cruise, the company that operate
13-May-2019 09:37 AM

Global Ports reports wider loss despite good growth in cruise segment

Global Ports reported a narrower first-quarter loss despite the cruise port operator delivering good growth in cruise passenger volumes. 
For the 3 months to 31 March, the company reported a pre-tax loss of $12.6m, compared with a loss of $9.6m
14-Mar-2019 10:30 AM

Broker Forecast - Barclays Capital issues a broker note on Global Ports Holding Plc

Barclays Capital today reaffirms its overweight investment rating on Global Ports Holding Plc (LON:GPH) and cut its price target to 560p (from 590p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
22-Oct-2018 10:10 AM

Broker Forecast - Barclays Capital issues a broker note on Global Ports Holding Plc

Barclays Capital today reaffirms its overweight investment rating on Global Ports Holding Plc (LON:GPH) and cut its price target to 590p (from 920p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
17-Aug-2018 07:20 AM

Global Ports sees full-year results at upper end of target as losses narrow

Cruise port operator Global Ports said it expected full-year results to come in at the upper end of its target range, after record revenue helped first-half losses narrow. For the six months to 30 June, the company reported a pre-tax loss of $2.1m, compa
22-May-2018 09:40 AM

Global Ports inks 15-year management agreement for Havana cruise port

Cruise port operator Global Ports has announced that it has signed a 15-year management agreement with the Cuban company Aries S.A., for the operation of the cruise port in Havana, Cuba. Under the terms of the agreement, the group will from 21 June 2018,
15-Jan-2018 09:21 AM

Global Ports appoints chief legal officer

Global Ports Holding has appointed Dr. Ece Gursoy as chief legal officer. Prior to joining Global Ports Holding, Gursoy served for six years as the chief legal officer, company secretary and executive director of Lightsource Renewable Energy Holdings.
05-Dec-2017 02:58 PM

Global Ports appoints new Regional Coordinator

Global Ports (GPH) has announced the appointment of Colin Murphy as 'Regional Coordinator, Americas'. The Company said Mr Murphy will work to deliver GPH's strategy of acquiring cruise ports in the region as the company seeks to expand it
09-Nov-2017 09:27 AM

Global Ports profits fall

Global Ports Holding saw strong cruise passenger number growth along with solid growth in commercial port volumes continues in the first nine months of the year. But it said this was offset by ongoing weakness in consumer sentiment towards higher margin
01-Nov-2017 09:55 AM

GPH opens new Lisbon cruise terminal

Global Ports Holding is to open a new state-of-the-art terminal in Lisbon Cruise Port. The terminal building, which has already won a number of awards, will be inaugurated on 10 Nov, following a €24 million investment and two-year construction proce
21-Aug-2017 08:00 AM

Global Ports posts H1 loss

Global Ports has reported an after-tax loss of $6.7m for the six months to the end of June against a profit of $0.4m last time/ The group said the result included $15.1m amortisation expense in relation to port operation rights. The group said that havi
31-Jul-2017 02:58 PM

Global Ports sets date of interim results announcement

Global Ports Holding has confirmed that the Company will release its interim financial results for the period to 30 June on Monday 21 August. At 2:58pm: (LON:GPH) Global Ports Holding Plc Ord Gbp5.00 Wi share price was +22.75p at 689.75p Story prov
22-Jun-2017 02:50 PM

Broker Forecast - Goldman Sachs issues a broker note on Global Ports Holding Plc Ord Gbp5.00 Wi

Goldman Sachs today initiates coverage of Global Ports Holding Plc Ord Gbp5.00 Wi (LON:GPH) with a buy investment rating and price target of 800p. Story provided by StockMarketWire.com...
22-Jun-2017 01:30 PM

Broker Forecast - Barclays Capital issues a broker note on Global Ports Holding Plc Ord Gbp5.00 Wi

Barclays Capital today initiates coverage of Global Ports Holding Plc Ord Gbp5.00 Wi (LON:GPH) with a overweight investment rating and price target of 920p. Story provided by StockMarketWire.com...
22-Jun-2017 09:50 AM

Broker Forecast - Citigroup issues a broker note on Global Ports Holding Plc Ord Gbp5.00 Wi

Citigroup today initiates coverage of Global Ports Holding Plc Ord Gbp5.00 Wi (LON:GPH) with a buy investment rating and price target of 950p. Story provided by StockMarketWire.com...
14-Jun-2017 09:17 AM

Global Ports on track

Global Ports Holding said it remained confident about meeting its full-year forecasts after results for the fist quarter - a traditionally quiet period - were in line with expectations. The group said total consolidated revenues fell by 1.7% to $18.2m a

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