Global Ports Group and NCC Group on an illustrative combined basis demonstrated a 1.5% increase in revenue to USD 380,936 thousand; Adjusted EBITDA on an illustrative interim combined basis increased by 2.8%* to USD 222,458 thousand, Global Ports states in its press release.
On the basis of the strong financial results and healthy balance sheet of the Global Ports Group, the Board of Directors has approved the distribution of an interim dividend payment of USD 32,900 thousand or USD 0.21 per GDR.
On September, 2 2013, Global Ports Investments PLC announced that it had entered into binding arrangements to acquire 100% of the share capital of NCC Group Limited. NCC Group Limited, together with its subsidiaries, operates two container terminals in the Baltic Basin and one inland container terminal.
Global Ports Investments Plc (GPI) - is one of Russia’s leading operators of container terminals. Global Ports’ terminals are located in the Baltic and Far East Basins, key regions for foreign trade cargo flows. Global Ports operates three container terminals in Russia (Petrolesport and Moby Dik in St. Petersburg, Vostochnaya Stevedoring Company in the Vostochny Port) and two container terminals in Finland (Multi-Link Terminals Helsinki and Multi-Link Terminals Kotka). Global Ports Group also owns 75% in Yanino Logistics Park, located in the vicinity of St. Petersburg, and a 50% share in the major oil product terminal, AS Vopak E.O.S., in Estonia.
The company’s interim Results for the six month period ended 30 June 2013 are available at the website of IAA PortNews >>>>