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Global Ports Inv (GLPR)

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Monday 04 March, 2019

Global Ports Inv

Notification of 2018 Full-Year Results

RNS Number : 7240R
Global Ports Investments PLC
04 March 2019
 

 

 

For immediate release                                                                                                   04 March 2019

Global Ports Investments PLC

Notification of 2018 Full-Year Results

Global Ports Investments PLC ("Global Ports" or the "Company", together with its subsidiaries and joint ventures, the "Group"; LSE ticker: GLPR) will publish its financial and operational results for the twelve-month period ended 31 December 2018 at 7am UK time on Thursday, 28 March 2019.

Conference call

The publication of these results will be accompanied by an analyst and investor conference call hosted by the senior management team. 

Date: Thursday, 28 March 2019

Time: 13.00 UK / 09.00 US (east coast) / 16.00 Moscow

To participate in the conference call, please dial one of the following numbers and ask to be put through to the "Global Ports" call:

Standard International Access: +44 20 3003 2666

UK Toll Free: 0808 109 0700

USA Toll Free: +1 866 966 5335

Russia Toll Free: 8 10 8002 4902044

Webcast

A webcast will also be available on the Global Ports website (www.globalports.com). Please note that this will be a listen-only facility.

Subsequent Non-Deal Roadshow 

Following the publication of the results, the senior management team will hold one-on-one meetings with institutional investors in the UK and continental Europe. Should you want to request a meeting, please contact the Global Ports Investor Relations team at [email protected].

Materials

It is planned that the press release, consolidated financial information and slide presentation will be released at or around 7am UK time on Thursday, 28 March 2019 and will be available on the Global Ports website (www.globalports.com).

ENQUIRIES

Global Ports Investor Relations

Mikhail Grigoriev / Tatiana Khansuvarova

+357 25 313 475

+7 916 991 73 96

Email: [email protected]

Global Ports Media Relations

Anna Vostrukhova

+357 25 313 475

E-mail: [email protected] 

Teneo

Zoë Watt / Douglas Campbell

+44 20 7260 2700

E-mail: [email protected]

NOTES TO EDITORS

Global Ports Investments PLC

Global Ports Investments PLC is the leading operator of container terminals in the Russian market by capacity and container throughput[1].

Global Ports' terminals are located in the Baltic and Far East Basins, key regions for foreign trade cargo flows. Global Ports operates five container terminals in Russia (Petrolesport, First Container Terminal, Ust-Luga Container Terminal[2] and Moby Dik[3] in the Russian Baltics, and Vostochnaya Stevedoring Company in the Russian Far East) and two container terminals in Finland[4] (Multi-Link Terminals in Helsinki and Kotka). Global Ports also owns inland container terminal Yanino Logistics Park[5] located in the vicinity of St. Petersburg, and has a 50% stake in the major oil products terminal Vopak E.O.S.[6] in Estonia.

Global Ports' revenue for the six months period ended 30 June 2018 was USD 175.3 million[7] and Adjusted EBITDA was USD 108.7 million[8]. Consolidated Marine Container Throughput was 681 thousand TEU in the first six months of 2018[9].

Global Ports' major shareholders are Delo Group, one of the largest private transportation and logistics holding companies in Russia (30.75%), and APM Terminals B.V. (30.75%), whose core expertise is the design, construction, management and operation of ports, terminals and inland services. APM Terminals operates a global terminal network of 74 ports and 117 inland services facilities, giving the company a global presence in 58 countries. 20.5% of Global Ports shares are traded in the form of global depositary receipts on the Main Market of the London Stock Exchange (LSE ticker: GLPR).

For more information please see: www.globalports.com

LEGAL DISCLAIMER

Some of the information in these materials may contain projections or other forward-looking statements regarding future events or the future financial performance of Global Ports. You can identify forward looking statements by terms such as "expect", "plan", "project", "believe", "target", "anticipate", "estimate", "intend", "will", "could," "may", "should" or "might" or the negative of such terms or other similar expressions. Global Ports wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Global Ports does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Global Ports, including, among others, general political and economic conditions, the competitive environment, risks associated with operating in Russia and market change in the industries Global Ports operates in, as well as many other risks related to Global Ports and its operations.

 

 

[1] Management estimates based on the information published by the Association of Sea Commercial Ports ("ASOP"), www.morport.com and public sources.

[2] In which Eurogate currently has a 20% effective ownership interest.

[3] In which Container Finance currently has a 25% effective ownership interest.

[4] In each of which Container Finance currently has a 25% effective ownership interest.

[5] In which Container Finance currently has a 25% effective ownership interest.

[6] In which Royal Vopak currently has a 50% effective ownership interest.

[7] According to the Group's Interim Condensed Consolidated Financial Information (unaudited) for the six month period ended 30 June 2018.

[8] Management estimates based on the Group's Interim Condensed Consolidated Financial Information (unaudited) for the six month period ended 30 June 2018.

[9] According to the Group's operational results.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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