7 Sep 2012 14:00
For immediate release 7 September 2012
Global Ports Investments PLC
Notification of Interim 1H 2012 Results Announcement,
Analyst and Investor Conference Call
Global Ports Investments PLC ('Global Ports', and together with its subsidiaries and joint ventures, 'the Group'), (LSE ticker: GLPR) will announce its operational results and Interim condensed consolidated financial information (unaudited) for the six month period ended 30 June 2012 at 7am UK time on Monday, 17 September 2012.
Conference call
The publication of the results will be accompanied by an analyst and investor conference call hosted by:
Alexander Nazarchuk, Chief Executive Officer, Oleg Novikov, Chief Financial Officer, and Roy Cummins, Chief Commercial Officer.
Date: Monday, 17 September 2012
Time: 14.00 UK / 09.00 US (east coast) / 17.00 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 (0) 20 3003 2666
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 Interim condensed consolidated financial information for the six month period ended 30 June 2012 will be distributed shortly after 07.00 UK time on Monday, 17 September 2012 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 the Russian ports and 23% of the total exports of fuel oil from the former Soviet Union countries. Global Ports is part of N-Trans group, one of the largest private transportation and infrastructure operators in Russia. 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 Helsinki and Multi-Link Kotka). Global Ports 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 year ended 31 December 2011 was USD 501.3 million (up 31% year on year). Adjusted EBITDA for the year ended 31 December 2011 was USD 282.2* million (up 37% on the year ended 31 December 2010).
The Group's Russian Ports segment handled a total container throughput of approximately 1,344* thousand TEUs in 2011 (excluding Yanino), a 44% increase on 2010.
In June 2011 Global Ports listed its GDRs 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.