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Global Ports Inv (GLPR)

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Friday 09 October, 2020

Global Ports Inv

Notification of Q3 2020 operational results

RNS Number : 5722B
Global Ports Investments PLC
09 October 2020
 

 

 

For immediate release   9 October 2020

Global Ports Investments PLC

Notification of the first 9 months and Q3 2020 operational results

Global Ports Investments PLC ("Global Ports" or the "Company" and, together with its wholly-owned subsidiaries and joint ventures, the "Group") (LSE ticker: GLPR) will publish its 9 months and Q3 2020 operational results at 7 am UK time on Thursday, 16 October 2020.

ENQUIRIES

Global Ports Investor Relations

Mikhail Grigoriev / Tatiana Khansuvarova

+7 (812) 677 15 57

+7 916 991 73 96

Email: [email protected]

Global Ports Media Relations

Maria Kobzeva

+7 (812) 677 15 57

Email: [email protected]

Teneo

 

Zoë Watt / Douglas Campbell

+44 20 7260 2700

Email: [email protected]

 

N OTES 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.

Global Ports' revenue for the first half of 2020 was USD 184.4 million and Adjusted EBITDA was USD 104.9 million. Consolidated Marine Container Throughput was 774 thousand TEU in the first half of 2020 .

Global Ports' major shareholders are Delo Group, the largest intermodal container and port operator in Russia[6] (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 operate a terminal network of 74 terminals globally. 20.5% of Global Ports shares are traded in the form of global depositary receipts listed 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", "believe", "anticipate", "estimate", "intend", "will", "could," "may" or "might" or the negative of such terms or other similar expressions. Any forward-looking statement is based on information available to Global Ports as of the date of the statement and, other than in accordance with its legal or regulatory obligations, Global Ports does not intend or undertake to update or revise these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Forward-looking statements involve known and unknown risks, and Global Ports wishes to caution you that these statements are only predictions and that actual events or results may differ materially from what is expressed or implied by these statements. 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. All written or oral forward-looking statements attributable to Global Ports are qualified by this caution.

 

[1]Company estimates based on 2019 throughput and the information published by the Association of Sea Commercial Ports ("ASOP").

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

[3] In which CMA Terminals currently has a 25% effective ownership interest.

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

[5] In which CMA Terminals currently has a 25% effective ownership interest.

[6]According to publicly available data at www.delo-group.com.

 

 

 

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