Globaltrans Investment Plc releases its commercial and Capex update

  • Dec 27, 2019 GMT
  • Team Kalkine

Globaltrans Investment Plc (LON: GLTR) has released a commercial and Capex update.

  • The company has re-confirmed its second-half 2019 targeted dividend and has also extended its dividend outlook to the first half of 2020.
  • The Group has extended its service contract with Metalloinvest for a further one-year period.
  • The company also reported that from 1 January 2020 it will provide at least 70 per cent of Metalloinvest's freight rail needs. This arrangement will provide flexibility to both the parties and align the contract with general market practice.
  • On 26th December 2019, at the time of writing, GMT 08:03 AM, JLG shares were trading at USD 8.78, up by 0.07 points or 0.86% against the previous day closing price.

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