Gulf Marine Services PLC - marine services provider - Says nine-months to the end of September performance remains ahead of the business plan. The total contracted Gulf Marine Services fleet utilisation stands at 84% so far in 2020. Going forward, the company says the outlook for European renewable work is promising, with a number of opportunities emerging as clients seek to secure vessels for projects in the longer-term. Operations are continuing without material interruption, notwithstanding the impact of Covid-19.
Current stock price: 7.06 pence
Year-to-date change: down 3.1%
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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Gulf Marine Services (GMS)