>


Advertisement
Hot News
for your iPhone
for your iPad
Go to our forums to discuss this news
DATE News (chronologically)
09/10/19
f1
Williams' losses widen
Claire WIlliams - running dad's company into the ground?
Claire Williams - running dad's company into the ground?
Williams Grand Prix Holdings PLC (WGPH, Ticker: WGF1) today announced the Group’s interim results for the six months to 30 June 2019. WGPH is the ultimate holding company of the Williams group of companies, which includes Williams Grand Prix Engineering Limited and Williams Advanced Engineering Limited.

Group revenue was lower in the first six months of 2019 at £77.8m, compared to £82.6m in the same period last year. The EBITDA loss widened to £18.8m during the first half of this year, from £2.7m in the prior year. The Formula One operation generated revenue of £46.3m in the six months to 30 June 2019 (2018: £60.7m) with an EBITDA loss of £16.8m (2018: profit of £0.2m). Williams Advanced Engineering increased revenue to £30.9m in 2019 (2018: £21.5m) with an EBITDA of £2.5m (2018: £2.2m).

Login to read more...

Hot News Archives
2000 2001 2002 2003
2004200520062007
2008200920102011
2012201320142015
2016201720182019

Search Hot News
Search Help
AutoRacing1 Inc. BBB Business Review