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Global Ports Holding Looks to 2019 with Confidence

March 13, 2019

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The company’s consolidated revenues were USD 124.8 million in the period, rising by 7.2% from USD 116.4 million reported in 2017.

The company’s cruise business witnessed a 9.2% increase in revenue, reaching USD 54.9 million for the year ended December 31, 2018. The strong performance was primarily driven by Barcelona and Malaga cruise ports reflecting a beneficial PAX mix in the year and a strong contribution from the equity accounted associate ports, Lisbon, Singapore and Venice, offset by a weaker performance from Valletta, the company explained.

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