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Gulf Marine Services Plc

Current Price 23.30p Bid 22.80p Ask 24.00p Change -3.32%
Last Updated: 23/04/2024 16:48. Prices delayed by at least 15 minutes.
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Company Overview

GMS operates a modern fleet of highly versatile self-propelled lift boats, across international markets. Our vessels provide a stable platform for delivering a wide range of safe and efficient services, primarily in the offshore oil, gas and renewable energy sectors. Our vessels' versatility meets the demand of our clients, to provide cost-effective solutions, while minimising their environmental footprint.

Financial Highlights Year Ended 31/12/2019

Revenue
£108.72m
Operating Profit/Loss
£-49.72m
Dividend yield (%)
n/a
Total dividend for year
$n/a
Dividend cover
n/a
P/E Ratio
n/a

Key Personnel

Mr Mansour Al Alami
Chairman
Mr Hassan Heikal
Director
Mr Haifa Al Mubarak
Independent Non-Executive Director
Mr Jyrki Koskelo
Independent Non-Executive Director
Lord St John of Bletso
Non-Executive Director
Mr Charbel El Khoury
Non-Executive Director

Stock Details

EPIC
GMSL
ISIN
GB00BJVWTM27
Shares in Issue
349.53m
Market cap
£81.44m

Analyst Views (2)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
23.30p
Bid Price
22.80p
Ask Price
24.00p
Volume
67,520
Change Today
-0.80p
% Change Today
-3.32%
Open
24.00p
Previous Close
23.30p
Intraday High
24.00p
Intraday Low
23.30p
52 Week High
24.20p
52 Week Low
4.54p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2019
31 Dec 2018
 
$ (M)
$ (M)
Continuing Operations
Revenue
108.72
123.33
Operating Profit/Loss
-49.72
28.87
Net Interest
-32.05
-31.28
Pre-Tax Profit
-81.77
-2.40
Profit After Tax from continuing operations
-85.47
-5.10
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
-85.47
-5.10
Attributable to:
Equity Holders of Parent Company
-85.78
-6.13
Minority Interests
0.31
1.02
Total Dividend Paid
$n/a
$n/a
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2019
31 Dec 2018
Basic
-24.48c
-1.75c
Diluted
-24.48c
-1.75c
Adjusted
-24.48c
-1.75c
Dividend per Share
$n/a
$n/a

Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
$ (M)
$ (M)
Non-Current Assets
Property, Plant & Equipment
716.88
798.59
Intangible Assets
n/a
n/a
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
5.45
4.27
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
39.19
40.92
Cash at Bank & In Hand
8.40
11.05
Current Asset Investments
n/a
n/a
Other Current Assets
0.30
0.54
Other Assets
n/a
n/a
Total Assets
770.22
855.37

Liabilities

Year End Date
31 Dec 2019
31 Dec 2018
 
$ (M)
$ (M)
Current Liabilities
Borrowings
400.46
411.52
Other Current Liabilities
37.81
25.06
Total Current Liabilities
438.27
436.57
Non-Current Liabilities
Borrowings
n/a
n/a
Provisions
2.28
2.73
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
2.28
2.73
Other Liabilities
n/a
n/a
Total Liabilities
440.55
439.31

Net Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
$ (M)
$ (M)
Net Assets
329.67
416.06

Capital & Reserves

Year End Date
31 Dec 2019
31 Dec 2018
 
$ (M)
$ (M)
Share Capital
58.06
57.99
Share Premium Account
93.08
93.08
Other Reserves
-40.85
-39.67
Retained Earnings
217.72
303.32
Shareholders Funds
328.00
415.00
Minority Interests/Other Equity
1.66
1.35
Total Equity
329.67
416.06

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
13 Apr 2017
19 May 2017
1.20p
Final
13 Apr 2017
19 May 2017
1.20p
Final
13 Apr 2017
19 May 2017
1.20p
Interim
08 Sep 2016
03 Oct 2016
0.41p
Interim
08 Sep 2016
03 Oct 2016
0.41p
Interim
08 Sep 2016
03 Oct 2016
0.41p
Final
14 Apr 2016
16 May 2016
1.20p
Interim
03 Sep 2015
28 Sep 2015
0.41p
Final
16 Apr 2015
12 May 2015
1.06p
Interim
24 Sep 2014
27 Oct 2014
0.41p

Dividend Metrics

Year End Date
31 Dec 2019
31 Dec 2018
Dividend growth
n/a%
n/a%
Dividend yield
n/a%
n/a%
Dividend cover
n/a
n/a


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