Thanks to a new boat range, new investiments and a company restructuring, Sunseeker registered good 2011 financial results. UK powerboat builder Sunseeker has reported sales of 350m euro with EBITDA increased to 30m euro, according to the company financial report for the year ending in July 2011. That compares to 316m euro and 5,6m euro respectively for 2010.
The profit growth has driven by an increase in sales in newer yachting markets such as Russia and Brazil with Asia taking over 20 per cent of sales compared to less than five per cent three years ago.
Stewart McIntyre, Sunseeker’s managing director said: “This has been a fantastic year for Sunseeker. The yachts are more valued than ever and our product range, balance sheet and distribution network have all combined to produce very strong financial results, which we are highly confident we will continue to improve upon in the next twelve months.”