Financials
Reported financial results & performance of companies & organisations, private & public. Includes bank loans, grants and loans. Any news related to the balance sheet and profit and loss.
Moody’s downgrades Mersin International Port to B1 from Ba2
Mersin, Turkey (PortSEurope) June 19, 2019 – Moody’s Investors Service has downgraded to B1 from Ba2 the corporate family rating (CFR) of...
Las Palmas port to study reduction of ship fees in 2020
Las Palmas, Spain (PortSEurope) June 13, 2019 – Las Palmas port’s board of directors will study on June 28 a proposal to reduce in 2020 the rates...
Thessaloniki Port Authority presents improved 2018 financial figures to analysts
Thessaloniki, Greece (PortSEurope) June 5, 2019 – The Management Company of Thessaloniki Port Authority SA has presented to financial analysts the...
NCSP Group reports Q1 2019 financial results
Novorossiysk, Russia (PortSEurope) June 4, 2019 – NCSP Group has announces its consolidated operating and financial results for the three months, ended...
Alexandria Container and Cargo Handling Company net profit declines 21% in 9-mo FY 2018/19
Alexandria, Egypt (PortSEurope) May 21, 2019 – Alexandria Container and Cargo Handling Company SAE recorded a 21% decline in net profit...
Madeira government to inject €16.6 million into port operator
Funchal, Portugal (PortSEurope) May 21, 2019 – The Madeira government plans to inject €16.6 million ($18.5 million) into port operator APRAM –...
Ukrainian ports see reduced profit in Q1 2019, but higher investment
Odessa, Ukraine (PortSEurope) May 17, 2019 – The Ukrainian Sea Ports Authority (USPA), the state agency which manages the country’s ports, has...
EIB approves €250 million loan for second railway track to Koper port
Koper, Slovenia (PortSEurope) May 16, 2019 – The European Investment Bank (EIB) has approved a €250 million ($280 million) loan for the construction of a...
Bankruptcy proceedings for Uljanik shipyard is not the end; Chinese interest
News Release – Government of Croatia – Opening of bankruptcy proceedings for Uljanik shipyard is not the end – May 13, 2019 Prime Minister...
Italy’s government approves €75.5 million financing for Fincantieri Palermo shipyards
Palermo, Sicily, Italy (PortSEurope) May 13, 2019 – Italy’s government has approved a €75.5 million ($85 million) loan for the overhaul of Palermo...
Luka Ploče d.d. publishes annual report for 2018
Zagreb, Croatia (PortSEurope) May 13, 2019 – Financial results for Luka Ploče d.d. in 2018: Cargo traffic volume through Ploče port: 3.15 million...
Barcelona port increased container traffic by 15% in 2018
News – Port de Barcelona – May 8, 2019 The Port of Barcelona closed FY 2018 with record results in the main traffic indicators and reinforces its...
Italy’s Moby Group reports loss in 2018
Genoa, Italy (Ports Europe) May 2, 2019 – Italy’s Moby Group recorded a loss of €62.6 million ($70.2 million) in 2018, versus a net profit...
Thessaloniki Port Authority reports financial results for 2018
On April 30, 2019 the Board of Directors of Thessaloniki Port Authority SA (ThPA) has approved the Annual Financial Report for the fiscal year 2018. The annual...
Luka Koper to pay gross dividend of €1.33 per share
Koper, Slovenia (Ports Europe) April 30, 2019 – Luka Koper, d.d., the operator of Slovenia’s Koper port, has approved the payment of...
Montenegro’s Bar port operator sees €22.1 million loss in 2018, seeks investment
Bar, Montenegro (Ports Europe) April 26, 2019 – Montenegrin port operator Luka Bar recorded a €22.1 million ($24.7 million) loss in 2018, due to the...
Alicante port receives special status, sees reduced tax burden
Alicante, Spain (Ports Europe) April 25, 2019 – Alicante City Council has granted the local port the status of an entity of special interest or...
CILSA, the ZAL Port’s management company, increases revenues by 12.6% to reach €50.1 million
News – ZAP Port – April 8, 2019 CILSA has finished 2018 with the best economic results in its history: it has registered a total revenue of €50.1...
Genoa port books €45.3 million revenue from port fees
Genoa, Italy (Ports Europe) April 22, 2019 – The president of Autorita’ di Sistema Portuale del Mar Ligure Occidentale (AdSP – Western Ligurian Sea...
DeloPorts IFRS financial results for 2018
April 12, 2019 Key financials Consolidated revenue RUB 11,919 mln (+35.6%) Consolidated EBITDA RUB 8,781 mln (+44.4%) EBITDA margin 73.7% against 69.2% in 2017...