GYG plc in a good spot with plenty of earnings upside (Analyst Interview)

GYG plc (LON:GYG) the market leading superyacht painting, supply and maintenance company is the topic of conversation when Mike Allen, Head of Research at Zeus Capital joins DirectorsTalk. Mike talks us through the key points from GYG’s H1 results, explains what key themes he noted, the assumptions made in the forecast and Mikes thoughts on the company’s current valuation.

GYG plc is the market leading superyacht painting, supply and maintenance company, offering services globally through operations in the Mediterranean, Northern Europe and the United States. The Company’s brands include Pinmar, Pinmar Supply, and Technocraft. GYG’s operations can be divided into three key sales channels:

  • Refit: repainting and finishing of superyachts, normally as part of a refit programme. Revenues also include scaffolding and containment work;
  • New Build: fairing and painting of new vessels as part of the build process; and
  • Supply: selling and delivery of maintenance materials, consumables, spare parts and equipment primarily to trade customers.
Click to view all articles for the EPIC: ,
Or click to view the full company profile:
    Share on facebook
    Share on twitter
    Share on linkedin

    More articles like this

    Palma Superyacht Show set for June

    Palma de Mallorca is the perfect setting for the first European yacht show since 2020… Taking place from 3-6 June 2021, the Palma Superyacht Show promises to bring the industry back together after a challenging period, characterised for

    OnTheMarket Plc

    OnTheMarket signs exclusive commercial partnership with Sprift Technologies

    OnTheMarket plc (LON:OTMP), the majority agent-owned company which operates the property portal, has announced that it has signed an exclusive commercial partnership with Sprift Technologies Limited, the award-winning property data specialist. The partnership will enable OnTheMarket to provide

    AFC Energy

    AFC Energy: Feedback post Capital Markets Event

    AFC Energy plc (LON:AFC) hosted its maiden Capital Markets Event yesterday, giving an excellent summary of its progress in the last year and its prospects. The company is making good progress in commercialising its EV charging product alongside

    boohoo Plc

    Boohoo Group: FY21 Results

    Boohoo Group plc (LON:BOO) has announced results for the 12 months ended 28 February 2021, reporting a strong finish to the year, with performance ahead of ZC’s forecasts, driven by strong momentum in both the UK and USA