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IN BRIEF: Global Ports Holding quarterly sales fall, Mandelson quits

Wed, 01st Sep 2021 21:40

Global Ports Holding PLC - cruise port operator - Reports revenue of USD17.2 million in the quarter ended June 30, down 31% year-on-year from USD24.8 million. Adjusted loss before interest, tax, depreciation and amortisation narrows to USD2.0 million from USD2.5 million. Reports a pickup in activity by cruise lines and says demand for cruising remains strong. Director Peter Mandelson retires from the board after four years' service to take on other business commitments.

Current stock price: 128.00 pence

Year-to-date change: up 26%

By Ivan Edwards; ivanedwards@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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