UK-listed Gulf Marine Services falls on profit outlook uncertainty amid MidEast war

Gulf Marine Services

14/04/2026 08:35

** Shares of United Arab Emirates-based offshore marine support co Gulf Marine Services GMS.L down 5.7% at 17 pence

** Co top loser on FTSE Small Cap Index .FTSC

** Co to assess previously issued adjusted EBITDA guidance between $105 million and $115 million for 2026 due to the ongoing geopolitical situation in the Middle East

** GSM says its board has decided not to declare a dividend pending further assessment of geopolitical conditions

** Up to Monday's close, the stock had fallen ~3% so far this year

(Reporting by Roshni Srivastava in Bengaluru)

((roshni.srivastava@thomsonreuters.com))