london calling

London, United Kingdom
Wednesday, 23 Dec 2009
PD Ports reached a milestone with Teesport handling over 100,000 containers in a year.
PD Ports ports operations reached a milestone in November with Teesport handling over 100,000 containers in a year.

This is the highest volume of containers ever recorded at Teesport in any calendar year.

"We are delighted that in these difficult economic times our efforts have clearly out-performed the market. We expect to reach this benchmark earlier each year as we move forward," says PD Ports managing director Frans Calje.

PD Ports Ltd was bought by Canadian-based global asset manager Brookfield in November 2009. It employs over 1,140 people at key ports and logistics centres in the UK and has an annual turnover exceeding GBP120 million (USD191.7 million).

http://www.forkliftaction.com/news/newsdisplay.aspx?nwid=8026

posted because it references turnover figures

I wonder what the price earnings ratio is on BAM purchase price ? :)

I would like some idea of Euroports income trend though.
May have to wait for some PIH numbers.

The distribution guidance announcement was interesting given that previously it had been mentioned that there was a likelihood of no distributions in the near term.

ifandwhen