GYG PLC Notice of Results (1674K)
09 April 2018 - 5:25PM
UK Regulatory
TIDMGYG
RNS Number : 1674K
GYG PLC
09 April 2018
9 April 2018
GYG plc
("GYG" or the "Group")
Notice of Results
GYG (AIM: GYG), the market leading superyacht painting, supply
and maintenance company, will announce its maiden Preliminary
Results on 18 April 2018.
There will be a presentation for sell-side analysts on 18 April
2018, the details of which can be obtained from FTI Consulting.
Enquiries:
GYG plc via FTI Consulting
Remy Millott, Chief Executive Tel: +44 (0) 20 3727 1000
Officer
Gloria Fernandez, Chief
Financial Officer
Zeus Capital Limited (NOMAD Tel: +44 (0) 20 3829 5000
& Broker)
John Goold, Hugh Kingsmill
Moore
Giles Balleny, Dan Bate
FTI Consulting (Financial Tel: +44 (0) 20 3727 1000
PR)
Alex Beagley
Fiona Walker
Laura Saraby
Notes to Editors:
GYG 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, Rolling Stock, Pinmar Supply,
Pinmar USA, Techno Craft and ACA Marine. 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.
Superyachts require a major survey service every five years to
comply with certain class, maritime laws and insurance
requirements. Owners typically undertake an annual haul out and
general maintenance to remain ahead of the service intervals and to
keep the vessels in optimum condition. Owners often use the major
servicing period as an opportunity for repainting the vessel,
providing GYG with a source of repeat business.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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