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IN BRIEF: GYG in virus-hit 2020 but 2021 more plain sailing so far

26th Apr 2021 10:16

GYG PLC - yacht maintenance company based in Palma de Mallorca, Spain - Revenue in 2020 falls 7.7% to EUR58.9 million from EUR63.8 million. Pretax profit drops 78% to EUR183,000 from EUR828,000. Says performance was "robust", despite virus disruption and order book as of March 31 totalled EUR41.1 million, "record level". Revenue in first quarter of 2021 improves 21% annually. Decides against payout, like in 2019, but eyes return to "dividend list at the earliest appropriate opportunity".

Current stock price: 87.00 pence, untraded on Monday

Year-to-date change: up 25%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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GYG.L
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