GYG (GYG)

Sector:

Commercial Transport

Index:

FTSE AIM All-Share

 42.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 89.00
  • 52 Week Low: 42.50
  • Currency: UK Pounds
  • Shares Issued: 46.63m
  • Volume: 0
  • Market Cap: £19.82m
  • RiskGrade: 270
  • Beta: 0.57

GYG delivers lowers FY revenue guidance following Covid-19 delays

By Iain Gilbert

Date: Tuesday 02 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Superyacht company GYG said on Tuesday that it had delivered "a robust performance" in 2020 as it effectively managed the "considerable disruption" caused by the Covid-19 pandemic.
However, GYG also noted some fourth-quarter projects were delayed into 2021, resulting in an associated deferral in revenues, with revised revenue guidance of €58.5m and adjusted underlying earnings now expected to be "marginally below" current expectations.

GYG also stated it was focused on delivering further operational improvements and has started the new financial year "well-positioned" to deliver an improved level of profitable growth.

Chief executive Remy Millott said: "I am delighted that the group has delivered such a commendable 2020 performance in the most extraordinary trading environment that GYG has ever experienced. The team has worked tirelessly across our operations, contending with changing restrictions, quarantines and lockdowns in different jurisdictions.

"Despite the challenges we have faced, the market fundamentals remain strong and our record order book provides better visibility, facilitates efficient planning and gives us confidence for further market share gains in the year ahead."

As of 1005 GMT, GYG shares were down 3.65% at 75.15p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GYG Market Data

Currency UK Pounds
Share Price 42.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 89.00
52 Week Low 42.50
Volume 0
Shares Issued 46.63m
Market Cap £19.82m
Beta 0.57
RiskGrade 270

GYG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.01% below the market average5.01% below the market average5.01% below the market average5.01% below the market average5.01% below the market average
5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average
Price Trend
89.42% below the market average89.42% below the market average89.42% below the market average89.42% below the market average89.42% below the market average
78.95% below the sector average78.95% below the sector average78.95% below the sector average78.95% below the sector average78.95% below the sector average
Income Not Available
Growth
25.92% below the market average25.92% below the market average25.92% below the market average25.92% below the market average25.92% below the market average
5.26% above the sector average5.26% above the sector average5.26% above the sector average5.26% above the sector average5.26% above the sector average

GYG Dividends

  Latest Previous
  Final
Ex-Div 03-May-18
Paid 15-Jun-18
Amount 3.20p

Trades for --2021

Time Volume / Share Price
0 @ 0.000p

GYG Key Personnel

CEO Remy Millott
CFO Kevin McNair

Top of Page