20th Aug 2009 08:11
For Immediate Release
20 August 2009
Notification of First Half 2009 Results
Globaltrans Investment PLC ("Globaltrans" or together with its consolidated subsidiaries the "Group"; LSE ticker: GLTR), Russia's largest privately owned freight rail operator, will announce its financial results for the six months ended 30 June 2009 on Monday, 31 August 2009.
On Tuesday, 1 September 2009, Sergei Maltsev, Chief Executive Officer and Alexander Shenets, Chief Financial Officer will hold an analyst and investor conference call at 10:00 UK time to discuss the financial and operational results for the period.
There will also be a webcast of the call, available through the Globaltrans website (www.globaltrans.com). Please note that this will be a listen-only facility.
Conference call details as follows:
To participate in the conference call, please dial one of the following numbers and ask to be put through to the "Globaltrans" call:
UK toll free: 0808 109 0700
International: +44 20 3003 2666
Please note that this event will be consecutively translated, therefore all participants will hear both languages.
The results announcement and interim financial statements will be made available on the Globaltrans website (www.globaltrans.com) and be distributed to the financial media in the evening of Monday, 31 August 2009 and be subsequently released via RNS in the morning of Tuesday, 1 September 2009.
ENQUIRIES
Globaltrans Investor Relations
Priit Pedaja
Mikhail Perestyuk
Phone: +357 25 503 153
Email: [email protected]
Citigate Dewe Rogerson
David Westover
Sandra Novakov
Agnes Riousse
Phone: +44 20 7638 9571
NOTES TO EDITORS
Globaltrans Investment PLC together with its subsidiaries ("Globaltrans" or the "Group") is the largest private freight rail operator in Russia by the size of owned rolling stock fleet (based on publicly available information) and the first and only to have international listing.
Globaltrans Investment PLC is incorporated in Cyprus and operates through its subsidiaries in Russia, Ukraine and Estonia. The Group provides freight rail transportation, railcar leasing, and associated services to large industrial and medium sized corporate customers. It carries customers' cargos to more than 25,000 destinations in Russia and Ukraine. Globaltrans' rolling stock fleet is one of the most modern in Russia with 26,967 railcars of average age of 4.1 years as of the end of 2008.
In 2008 the Group's freight rail turnover totaled 61.7 billion tonnes-km with 33.3 million tonnes of freight transported. In 2008 Globaltrans recorded revenue of USD 660.9 million with adjusted EBITDA amounting to USD 250.3 million. The Group employs 550 employees.
Globaltrans' global depositary receipts are listed on the Main Market of the London Stock Exchange under the ticker GLTR since May 2008.
To learn more on Globaltrans, please visit www.globaltrans.com.
LEGAL DISCLAIMER
Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of Globaltrans. You can identify forward-looking statements by terms such as expect, believe, anticipate, estimate, intend, will, could, may or might the negative of such terms or other similar expressions. Globaltrans wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Globaltrans 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 Globaltrans, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries Globaltrans operates in, as well as many other risks specifically related to Globaltrans and its operations.
Related Shares:
Globaltrans S