The forecast of results of Global Ports in a half-year on IFRS: volumes of transfer of coal will support revenue

Profitability on EBITDA remains at high level. On Friday, September 20, Global Ports (GLPR LI – to BUY) will publish financial results for 1 p/g 2019 on IFRS and will hold telephone conference. According to our forecasts, the revenue increased for 3% in comparison with 2 p/g 2018 to 173 million dollars, and EBITDA increased by 2% to 111 million dollars. Profitability on EBITDA as we believe, made 64%. We expect that, unlike unprofitable 1 p/g 2017 and 1 p/g 2018, company in this reporting period will record net profit...