Grand Banks Yachts

[donmihaihai]

Grand Banks is performing significantly better, especially in terms of margin, perhaps due to production of bigger, higher value yachts. something not seen for more than 10 years. Perhaps partly due to the current bullish stock market conditions, if Chinese market join in, then it would be even better.

How long does it take to build a yacht? A short summary of new orders and order book.

1HFY2024 New order: 11 Order book as at period end: 137.3M
FY2023 New order: 19 Order book as at period end: 159.4M
FY2022 New order: 31 Order book as at period end: 182.9M
FY2021 New order: 40 Order book as at period end: 116.9M
FY2020 New order: 35 Order book as at period end: 48.9M