Gulf Marine Services falls on estimated $10.1 million war-related revenue loss
Tue 08:06
BUZZ- Gulf Marine Services falls on estimated $10.1 million war-related revenue loss ** Shares of London-listed Gulf Marine Services GMS.L down 2.2% at 18.08p
** Co estimates that the war in the Gulf has now caused $10.1 mln in lost revenue
** Co maintains 2026 adj EBITDA guidance at $105 million to $115 million; says will continue to defer shareholder distribution until there is greater clarity on the geopolitical risks
** As of last close, GMS down 5.2% YTD
(Reporting by Amna Mariyam in Bengaluru)
((amna.mariyam@thomsonreuters.com; +91 8448625620))
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