19 Jun 2014 07:01
For immediate release 19 June 2014
Global Ports Investments PLC
Publication of presentation on strategy
Global Ports Investments PLC ("Global Ports" or the "Company", together with its subsidiaries and joint ventures, the "Group"; LSE ticker: GLPR) announces that is has today published a presentation on strategy ("Presentation") including selected five month operational information in the course of an analyst and investor trip to Global Ports' container terminals in St. Petersburg.
The Presentation has been made available on Global Ports' website, www.globalports.com, and here
http://www.rns-pdf.londonstockexchange.com/rns/0063K_-2014-6-19.pdf
Global Ports Investor Relations
Mikhail Grigoriev
+357 25 503 163
Email: ir@globalports.com
Global Ports Media Relations
Anna Vostrukhova
+357 25 503 163
E-mail: media@globalports.com
StockWell Communications
Laura Gilbert/ Zoe Watt
+44 20 7240 2486
E-mail: globalports@stockwellgroup.com.
Information about Global Ports
Global Ports Investments PLC is the leading operator of container terminals in the Russian market.
Global Ports' terminals are located in the Baltic and Far East Basins, key regions for foreign trade cargo flows. Global Ports operates five container terminals in Russia (Petrolesport, First Container Terminal, Ust-Luga Container Terminal[1] and Moby Dik[2] in the St. Petersburg and Ust-Luga port cluster, and Vostochnaya Stevedoring Company in the Vostochny Port) and two container terminals in Finland[3] (Multi-Link Terminals Helsinki and Multi-Link Terminals Kotka). Global Ports also owns Yanino Logistics Park[4] and inland Logistika-Terminal, both located in the vicinity of St. Petersburg, and has a 50% stake in the major oil product terminal, AS Vopak E.O.S., in Estonia. Global Ports completed the acquisition of the NCC Group in the end of 2013.
In 2013, gross container throughput of Global Ports and NCC Group on an Illustrative Combined basis was 2,774 thousand TEU, a 2.9% increase compared to 2012 gross container throughput[5]. Global Ports 2013 revenue on an Illustrative Combined basis was USD 736.8 million, with an Adjusted EBITDA[6] on an Illustrative Combined basis in 2013 of USD 420.0 million.
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 (30.75%), and APM Terminals B.V. (30.75%), whose core expertise is the design, construction, management and operation of ports, terminals and inland services. APM Terminals B.V. is a global terminal network of 65 operating port facilities and 160 inland services operations, giving APM Terminals B.V. a global presence in 68 countries. 20.5% of Global Ports shares are held in the form of global depositary receipts listed on the Main Market of the London Stock Exchange (LSE ticker: GLPR). Ilibrinio Establishment Limited and Polozio Enterprises Limited (former owners of NCC Group) each own 9% of the share capital of Global Ports.
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 Global Ports. 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. Global Ports wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Global Ports 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 Global Ports, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia and market change in the industries Global Ports operates in, as well as many other risks specifically related to Global Ports and its operations, including its ability to realise the benefits of NCC acquisition.
Global Ports Investor Relations
Mikhail Grigoriev
+357 25 503 163
Email: ir@globalports.com
Global Ports Media Relations
Anna Vostrukhova
+357 25 503 163
E-mail: media@globalports.com
StockWell Communications
Laura Gilbert/ Zoe Watt
+44 20 7240 2486
E-mail: globalports@stockwellgroup.com.
Information about Global Ports
Global Ports Investments PLC is the leading operator of container terminals in the Russian market.
Global Ports' terminals are located in the Baltic and Far East Basins, key regions for foreign trade cargo flows. Global Ports operates five container terminals in Russia (Petrolesport, First Container Terminal, Ust-Luga Container Terminal[7] and Moby Dik[8] in the St. Petersburg and Ust-Luga port cluster, and Vostochnaya Stevedoring Company in the Vostochny Port) and two container terminals in Finland[9] (Multi-Link Terminals Helsinki and Multi-Link Terminals Kotka). Global Ports also owns Yanino Logistics Park[10] and inland Logistika-Terminal, both located in the vicinity of St. Petersburg, and has a 50% stake in the major oil product terminal, AS Vopak E.O.S., in Estonia. Global Ports completed the acquisition of the NCC Group in the end of 2013.
In 2013, gross container throughput of Global Ports and NCC Group on an Illustrative Combined basis was 2,774 thousand TEU, a 2.9% increase compared to 2012 gross container throughput[11]. Global Ports 2013 revenue on an Illustrative Combined basis was USD 736.8 million, with an Adjusted EBITDA[12] on an Illustrative Combined basis in 2013 of USD 420.0 million.
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 (30.75%), and APM Terminals B.V. (30.75%), whose core expertise is the design, construction, management and operation of ports, terminals and inland services. APM Terminals B.V. is a global terminal network of 65 operating port facilities and 160 inland services operations, giving APM Terminals B.V. a global presence in 68 countries. 20.5% of Global Ports shares are held in the form of global depositary receipts listed on the Main Market of the London Stock Exchange (LSE ticker: GLPR). Ilibrinio Establishment Limited and Polozio Enterprises Limited (former owners of NCC Group) each own 9% of the share capital of Global Ports.
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 Global Ports. 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. Global Ports wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Global Ports 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 Global Ports, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia and market change in the industries Global Ports operates in, as well as many other risks specifically related to Global Ports and its operations, including its ability to realise the benefits of NCC acquisition.
[1] In which Eurogate currently has a 20% effective ownership interest.
[2] In which Container Finance currently has a 25% effective ownership interest.
[3] In each of which Container Finance currently has a 25% effective ownership interest.
[4] In which Container Finance currently has a 25% effective ownership interest.
[5] Russian Ports and Finnish Ports segments on an Illustrative Combined basis
[6] Adjusted EBITDA is defined as profit for the period before income tax expense, finance costs, finance income, depreciation of property, plant and equipment, amortisation of intangible assets, other gains/(losses)-net, impairment charge of property, plant and equipment and impairment charge of goodwill.
[7] In which Eurogate currently has a 20% effective ownership interest.
[8] In which Container Finance currently has a 25% effective ownership interest.
[9] In each of which Container Finance currently has a 25% effective ownership interest.
[10] In which Container Finance currently has a 25% effective ownership interest.
[11] Russian Ports and Finnish Ports segments on an Illustrative Combined basis
[12] Adjusted EBITDA is defined as profit for the period before income tax expense, finance costs, finance income, depreciation of property, plant and equipment, amortisation of intangible assets, other gains/(losses)-net, impairment charge of property, plant and equipment and impairment charge of goodwill.