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IN BRIEF: Gulf Marine Services 2020 Performance Remains Ahead Of Plan

6th Nov 2020 16:29

Gulf Marine Services PLC - marine services provider - Says nine-months to the end of September performance remains ahead of the business plan. The total contracted Gulf Marine Services fleet utilisation stands at 84% so far in 2020. Going forward, the company says the outlook for European renewable work is promising, with a number of opportunities emerging as clients seek to secure vessels for projects in the longer-term. Operations are continuing without material interruption, notwithstanding the impact of Covid-19.

Current stock price: 7.06 pence

Year-to-date change: down 3.1%

By Evelina Grecenko; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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