Notification of 2017 Full-Year Results
Updated : 14:01
2138007WMNVQAVLMP351
For immediate release 08 February 2018
Notification of 2017 Full-Year Results, Analyst and Investor Conference Call and Non-Deal Roadshow
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 2017 at 7am UK time on Wednesday, 14 March 2018.
Conference call
The publication of these results will be accompanied by an analyst and investor conference call hosted by the top management team.
Date: Wednesday, 14 March 2018
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 through the Global Ports website (www.globalports.com). Please note that this will be a listen-only facility.
Materials
It is planned that the press release, consolidated financial information and slide presentation will be released at or around 7am UK time on Wednesday, 14 March 2018 and will be available on the Global Ports website (www.globalports.com).
Subsequent Non-Deal Roadshow
It is planned that following the publication of the results, top management of the Group will hold a number of regular one-on-one meetings with institutional investors in the UK, US and continental Europe. Should you want to request a meeting, please contact the Global Ports Investor Relations team at ir@globalports.com.
ENQUIRIES
Global Ports Investor Relations
Mikhail Grigoriev / Tatiana Khansuvarova
+357 25 313 475
+7 916 991 73 96
Email: ir@globalports.com
Global Ports Media Relations
Anna Vostrukhova
+357 25 313 475
E-mail: media@globalports.com
Teneo Blue Rubicon
Zoe Watt / Vladimir Shamanov
+44 20 7260 2700
E-mail: globalports@teneobluerubicon.com
NOTES TO EDITORS
Global Ports Investments PLC is the leading operator of container terminals in the Russian market.
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[1] and Moby Dik[2] in the Russian Baltics, and Vostochnaya Stevedoring Company in the Russian Far East) and two container terminals in Finland[3] (Multi-Link Terminals in Helsinki and Kotka). Global Ports also owns inland container terminals Yanino Logistics Park[4] and Logistika-Terminal[5], both 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 first half of 2017 was USD 162.5 million and Adjusted EBITDA was USD 97.3 million*. Consolidated Marine Container Throughput was 587 thousand TEU in the first half of 2017.
Global Ports' major shareholders are Transportation Investments Holding Limited (operating under the brand name of N-Trans), one of the largest private transportation and infrastructure groups 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 76 ports and 117 inland services facilities, giving the company a global presence in 59 countries. 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. 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] In which Eurogate currently has a 20% effective ownership interest.
[2] In which Container Finance currently has a 25% effective ownership interest.
[3] In each of which Container Finance currently has a 25% effective ownership interest.
[4] In which Container Finance currently has a 25% effective ownership interest.
[5] In August 2017 the Group signed an agreement to sell its 100% shares in LT. The transaction is subject to approval of relevant regulatory authorities.
[6] In which Royal Vopak currently has a 50% effective ownership interest.
This information is provided by RNS