Globaltrans Investment PLC (together with its consolidated subsidiaries the “Company”, “Globaltrans” or the “Group”, LSE ticker: GLTR) announces that the Company earned the distinction of being named a “Most Honoured Company” in the Institutional Investor 2019 Emerging EMEA Executive Team Ranking as one of only 44 companies to achieve two or more top positions.
Globaltrans’ Executive management and IR programme all received top rankings in the Transportation sector with Valery Shpakov CEO coming 2nd in the "Best CEO” category, Alexander Shenets 3rd in the "Best CFO” category and the investor relations activities named 3rd in "Best IR programme” category.
Institutional Investor’s research is an independent in-depth performance assessment of the quality and effectiveness of companies’ communication and investor outreach activities based on detailed feedback from influential market players in the global investment community. This year over 12,000 buy-side and sell-side professional votes were cast to nominate over 990 executives from nearly 400 companies across more than 20 sectors.
Commenting on the ranking, Globaltrans’ CEO Valery Shpakov said: “Globaltrans has always placed constructive engagement with all of its investors and analysts at the heart of its communications efforts. We are rightly proud of our ability to deliver a top quality financial and operational performance, evidenced by our recent interim results, but we also understand the need to ensure our stakeholders have clarity on our business, our strategy and our objectives. Open communications is key to this and we are therefore truly delighted by our team’s performance in these rankings.”
Globaltrans Investor Relations
Mikhail Perestyuk / Daria Plotnikova
+357 25 328 860
For international media
+44 7799 413351
NOTES TO EDITORS
Globaltrans is a leading freight rail transportation group with operations in Russia, the CIS and the Baltic countries. The Group’s main business is the provision of freight rail transportation services. Globaltrans provides services to more than 500 customers and its key customers include a number of prominent Russian industrial groups in the metals and mining and the oil products and oil sectors.
The Group had a Total Fleet of more than 70 thousand units at 30 June 2019. Universal gondola cars and rail tank cars constitute the backbone of the Group’s fleet. About 95% of the Total Fleet is owned by the Group with an average age of 11 years.
In the first six months of 2019, the Group’s Freight Rail Turnover (including Engaged Fleet) was 76.1 billion tonnes-km with the total revenue amounting to RUB 47.2 billion.
Globaltrans' global depositary receipts (ticker symbol: GLTR) have been listed on the Main Market of the London Stock Exchange since May 2008. Globaltrans was the first freight rail transportation group with operations in Russia to have an international listing.
To learn more about Globaltrans, please visit www.globaltrans.com
Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of Globaltrans. You can identify forward-looking statements by terms such as 'expect', 'believe', 'anticipate', 'estimate', 'intend', 'will', 'could', 'may' or 'might', the negative of such terms or other similar expressions. Globaltrans wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Globaltrans does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Globaltrans, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries Globaltrans operates in, as well as many other risks specifically related to Globaltrans and its operations.