![Princess Yachts orders exceeded US$1BN last year](https://iims-media-library.s3.eu-west-2.amazonaws.com/wp-content/uploads/2018/04/12144952/princess-002-300x214.jpg)
Princess Yachts recorded its highest ever sales in 2017 with record turnover of £274.4m, an operating profit of £7.9m and advance orders totalling more than US$1bn for the first time in its history.
Financial results for the 12 months to 31 December 2017 show turnover is up 26.6% on 2016 and advance orders 20% higher than the previous year, with results helped by a strong performance at the Cannes, Fort Lauderdale and Düsseldorf boat shows.
Antony Sheriff, executive chairman of L Catterton-owned Princess Yachts, said: “This has been a landmark year in the history of Princess. We have a clear vision to be the highest quality, most innovative and best luxury yacht producer in the world and it is gratifying to our highly skilled and dedicated 2,700-strong team that the market has responded in tune with our efforts.”
2018 has already seen Princess launch the Continue reading “Orders for Princess Yachts exceeded US$1BN in 2017”