Global Ports Holding Plc (GB:GPH) has released an update.
Global Ports Holding Plc has reported a robust financial performance for the year ending 31 March 2024, with a significant 46% increase in passenger numbers and a 47% rise in both adjusted revenue and adjusted EBITDA. The company expanded its cruise port network, completed a major investment in San Juan Cruise Port, and increased its equity stake in several key ports. Additionally, GPH strengthened its balance sheet via an investment-grade-rated issuance of secured private placement notes and extended concessions for various ports, positioning itself favorably for the industry’s growth.
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