At the end of the 2015/16 fiscal year, the Bavaria Group can reveal positive operating results for the second consecutive year. Compared with the previous year, the operating result (EBITDA) increased five-fold, and is now in the mid-seven-figure range.
Contest Yachts of Holland, the renowned constructor of high quality, semi-custom-built performance bluewater yachts, continues its international distributor network expansion with the September appointment of Parkstone Bay Yachts, Poole, Dorset as new UK agency, operating under the business banner of Contest Yachts UK.
As part of Nautor's Swan's strategic expansion, the company has further strengthened its commercial team with a clear goal of getting closer to its customers, putting them at the heart of the business, to ensure a more intense collaboration and harmonization of its global network.
After a successful introduction of its sailboat line three years ago and opening its first dedicated Motor Yacht Sales Office in Dania Beach, Florida, BAVARIA YACHTS will be representing itself at the Miami Boat Show in a very big way with both Sailing and Motor Yachts on display.
FY 2013-14 was characterized by an improvement in the Bénéteau Group’s results, with €11.7 million in income from ordinary operations, up from €1 million for FY 2012-13. At constant exchange rates and likefor-like, the Group's income from ordinary operations came to €17.6 million, compared with a forecast of €12 million.