27th Aug 2014 14:30
For immediate release 27August 2014
Global Ports Investments PLC
Notification of Interim 1H 2014 Results
Analyst and Investor Conference Call
Global Ports Investments PLC ("Global Ports" or the "Company", together with its subsidiaries and joint ventures, the "Group"; LSE ticker: GLPR), the leading container terminal operator serving Russian cargo flows, will announce its financial and operational results for the six-month period ended 30 June 2014 at 7am UK time on Monday, 15 September 2014.
Conference call
The publication of these results will be accompanied by an analyst and investor conference call hosted by:
· Alexander Nazarchuk, Chief Executive Officer;
· Mikhail Loganov, Chief Financial Officer;
· Roy Cummins, Chief Commercial Officer;
· Evgeny Zaltsman, Head of Business Development.
Date: Monday, 15 September 2014
Time: 14.00 UK / 09.00 US (East coast) / 17.00 Moscow
To participate in the conference call, please dial one of the following numbers and ask to be put through to the "Global Ports" call:
Standard International Access: +44 (0) 20 3003 2666
UK Toll Free: 0808 109 0700
USA Toll Free: +1 866 966 5335
Russia Toll Free: 8 10 8002 4902044
Webcast
A webcast will also be available through the Global Ports website (www.globalports.com). Please note that this will be a listen-only facility.
Materials
It is planned that the press release, consolidated financial information and slide presentation will be released at 7am UK time on Monday, 15 September 2014 and will also be available on the Global Ports website (www.globalports.com).
ENQUIRIES
Global Ports Investor Relations
Mikhail Grigoriev
+357 25 313 475
Email: [email protected]
Global Ports Media Relations
Anna Vostrukhova
+357 25 313 475
E-mail: [email protected]
StockWell Communications
Laura Gilbert/ Zoe Watt
+44 20 7240 2486
E-mail: [email protected]
NOTES TO EDITORS
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 Russian Baltics, and Vostochnaya Stevedoring Companyin the Russian Far East) and two container terminals in Finland[3] (Multi-Link Terminals Helsinki and Multi-Link Terminals Kotka). Global Ports also owns inland container terminals Yanino Logistics Park[4] and 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.
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[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 operates a global terminal network of 66 terminals with 16 expansion projects, an additional 7 new terminals being implemented and 165 inland services operations, giving the company a global presence in 67 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).
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 political and 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 related to Global Ports and its operations.
[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.
Related Shares:
GLPR.L