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Notification of Full Year 2012 Results

27 Feb 2013 15:00

RNS Number : 8204Y
Global Ports Investments PLC
27 February 2013
 

 

 

For immediate release 27 February 2013

 

Notification of Full Year 2012 Results Announcement,

Analyst and Investor Conference Call

 

Global Ports Investments PLC ("the Company" and, together with its subsidiaries and joint ventures, "Global Ports" or "the Group"), the leading container terminal operator serving Russian cargo flows (LSE ticker: GLPR) will announce its financial and operational results for the Full Year 2012 at 7am UK time on Monday, 18 March 2013.

 

Conference call

The publication of the 2012 financial and operational results will be accompanied by an analyst and investor conference call hosted by:

·; Alexander Nazarchuk, Chief Executive Officer;

·; Oleg Novikov, Chief Financial Officer;

·; Roy Cummins, Chief Commercial Officer.

Date: Monday, 18 March 2013

Time: 14.00 UK / 09.00 US (East coast) / 18.00 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:

UK toll-free: 0808 109 0700

International: +44 20 3003 2666

Russia toll Free: 8 800 2 490 2044

Moscow: +7 499 272 4337

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

The press release and the report and consolidated financial statements for the full year 2012 will be distributed shortly after 07.00 UK time on Monday, 18 March 2013 and will be available on the Global Ports website (www.globalports.com). The slide presentation will be distributed and made available on the Global Ports website prior to the conference call.

 

ENQUIRIES

Global Ports Investor Relations

Mikhail Grigoriev

+357 25 503 163

Email: irteam@globalports.com

 

Global Ports Media Relations

Anna Vostrukhova

+357 25 503 163

E-mail: media@globalports.com

 

Holloway & Associates

Laura Gilbert/ Zoe Watt

+44 20 7240 2486

NOTES TO EDITORS

Global Ports Investments PLC is the leading operator of container terminals in the Russian market. Global Ports accounts for 30% of the total container volumes in Russian ports[source?] and 23% of the total exports of fuel oil from the former Soviet Union countries[source?].

Global Ports' terminals are located in the Baltic and Far East Basins, key regions for foreign trade cargo flows. Global Ports operates three container terminals in Russia (Petrolesport and Moby Dik in St. Petersburg, Vostochnaya Stevedoring Company in the Vostochny Port) and two container terminals in Finland (Multi-Link Terminals Helsinki and Multi-Link Terminals Kotka). Global Ports group also includes Yanino Logistics Park located in the vicinity of St. Petersburg and a major oil terminal, Vopak E.O.S., in Estonia.

Global Ports' consolidated revenue for the six months ended 30 June 2012 was USD 255.7 million. Adjusted EBITDA for the six months ended 30 June 2012 was USD 145 million.

The Group's Russian Ports segment handled a total container throughput of approximately 709 thousand TEUs in the first half of 2012 (excluding Yanino).

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 (37.5%), and APM Terminals B.V., whose core expertise is the design, construction, management and operation of ports, terminals and inland services with a global terminal network of 62 operating port facilities and 160 Inland Services operations, giving APM Terminals a global presence in 68 countries (37.5%). The remaining 25% of Global Ports shares are in public hands and held 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 the Company. 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. The Company wishes to caution you that these statements are only predictions and that actual events or results may differ materially. The Company 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 the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia and market change in the industries the Company operates in, as well as many other risks specifically related to the Company and its operations.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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