Source - SMW
Global Ports Holding said it remained confident about meeting its full-year forecasts after results for the fist quarter - a traditionally quiet period -  were in line with expectations.

The group said total consolidated revenues fell by 1.7% to $18.2m and were impacted slightly by continued challenging conditions in its Turkish Ports as well as renovation works in Ege Port's shopping mall. 

Chairman and co-founder Mehmet Kutman said: "We are pleased with this set of results, which are our first as a publicly-listed company. 

"As the world's largest independent cruise port operator, by number of ports and passengers, we enjoy a first mover advantage in this sector and have significant growth opportunities.

"We will continue to deliver on our ambitious plans to expand our existing footprint of 14 ports in eight countries, through acquisitions across Europe, the Caribbean and Asia." 


At 9:17am: (LON:GPH) Global Ports Holding Plc Ord Gbp5.00 Wi share price was +2.75p at 712.75p