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IN BRIEF: Global Ports swings to quarterly loss on cruise shutdown
Global Ports Holding PLC - London-based cruise port operator - Like-for-like revenue rises 9.4% to USD13.9 million in three months ended March 31, from USD12.7 million year-on-year. Adjusted earnings before interest, tax, depreciation and amortisation show a loss of USD2.6 million, swung from a profit of USD4.0 million. Cruise passenger numbers are down 99% year-on-year, due to the pandemic.
Global Ports is in the process of changing its financial calendar to end in March instead of December.
Current stock price: 130.50 pence
Year-to-date change: up 28%
By Ivan Edwards; ivanedwards@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Latest GPH News
- IN BRIEF: Global Ports Holding signs 50-year deal for Liverpool port
3 Apr 2024 - IN BRIEF: Global Ports subsidiary begins cruise operations at port
19 Feb 2024 - Global Ports well prepped to capitalise on cruise industry - Shore
19 Dec 2023 - Global Ports swings to profit as passengers rise but revenue declines
19 Dec 2023 - Global Ports raises guidance as cruise passenger numbers jump 50%
10 Nov 2023 - Global Ports ups passenger targets after impressive first half
10 Nov 2023 - IN BRIEF: Global Ports Holding signs 10-year Bremeverhaven port deal
6 Sep 2023 - UK shareholder meetings calendar - next 7 days
24 Aug 2023
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GPH.L News
IN BRIEF: Global Ports Holding signs 50-year deal for Liverpool port
Global Ports Holding PLC - London-based cruise port operator - Signs 50-year agreement with Peel Ports Group's subsidiary, Mersey Docks & Harbour Co L...
IN BRIEF: Global Ports subsidiary begins cruise operations at port
Global Ports Holding PLC - London-based cruise port operator - Says its subsidiary San Juan Cruise Port LLC successfully reaches financial closing of ...
Global Ports well prepped to capitalise on cruise industry - Shore
(Alliance News) - Global Ports PLC looks set for further success, said Shore Capital analysts on Tuesday, after the firm swung to profit in its latest...
Global Ports swings to profit as passengers rise but revenue declines
(Alliance News) - Global Ports Holding PLC on Tuesday announced a swing to profit in its latest half year amid "exceptionally strong" demand, and said...
Global Ports raises guidance as cruise passenger numbers jump 50%
(Alliance News) - Global Ports Holding PLC on Friday said a surge in the number of people taking cruises gave a boost to adjusted earnings.
Global Ports ups passenger targets after impressive first half
(Sharecast News) - UK-listed Global Ports Holdings, the world's largest cruise port operator, has raised its forecasts for passenger numbers this year...
IN BRIEF: Global Ports Holding signs 10-year Bremeverhaven port deal
Global Ports Holding PLC - cruise port operator - Signs 10-year port concession agreement, with a potential 5-year extension option, with bremenports ...
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