Port News & Information Mediterranean, Black & Caspian Seas

Global Ports Holding Plc – Full Year Results 2019

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Press Release – Global Ports Holding Plc – Full Year Results 2019 – April 13, 2020 2019 Financial Results Overview Group – Strong delivery on strategic objectives Total consolidated revenues were $117.9m in the period, a decline of 5.6% yoy (-3.0% ccy) Full year Segmental EBITDA – down 8.0% to $83.4m (-5.8% ccy), full year Adjusted EBITDA – declined 6.1% to $77.0m (down 8.0% ccy), in line with management expectations Operating profit of $15.3m (FY 2018: $35.9m), was primarily due…

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