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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Global Ports Holding Plc | LSE:GPH | London | Ordinary Share | GB00BD2ZT390 | ORD GBP0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -4.00 | -2.00% | 196.00 | 196.00 | 197.50 | 202.00 | 196.00 | 200.00 | 58,063 | 14:53:43 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Marine Cargo Handling | 213.6M | -25M | -0.3674 | -5.44 | 136.08M |
From Apr 2019 to Apr 2024
TIDMGPH
RNS Number : 8233H
Global Ports Holding PLC
05 August 2019
Global Ports Holding Plc
Trading update
Global Ports Holding Plc ("GPH Plc" or "Group"), the world's largest independent cruise port operator, today announces a half year trading update ahead of its interim results announcement on 20 August 2019.
Trading at our commercial ports has been affected by the macro-economic environment, with both cargo and container volumes weak in the period. Q3 is historically an important quarter for our commercial ports and trading so far in the period has remained weak. Our cruise business has performed strongly in H1 and this performance has continued into Q3. Management now believe that for full year 2019 organic growth in the Group's Adjusted EBITDA will be low single digit.
Emre Sayin, Chief Executive Officer said:
"Our commercial ports are not immune to macro-economic factors and recent trading as a result has been challenging. However, our previous experiences suggest that the trading performance will improve over time. Trading at our cruise ports has once again been very positive and we continue to work hard to deliver on new cruise port investments and management agreements."
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CONTACT
For investor and analyst enquiries: For media enquiries:
Global Ports Holding, Investor Relations Brunswick Group LLP
Martin Brown, Investor Relations Azadeh Varzi and Imran Jina
Director
Telephone: +44 (0) 7947 163 687 Telephone: +44 (0) 20 7404
5959
Email: martinb@globalportsholding.com Email: GPH@brunswickgroup.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
TSTUSAURKWAWRUR
(END) Dow Jones Newswires
August 05, 2019 02:00 ET (06:00 GMT)
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