![The Sunseeker 155, one of the craft helping to rev up the British superyacht sector](https://iims-media-library.s3.eu-west-2.amazonaws.com/wp-content/uploads/2015/09/12153739/sunsseker.jpg)
New industry statistics released by industry trade body Superyacht UK, show that the British superyacht sector is riding the wave of economic recovery. The research, for the year 2014/15, is launched as global visitors travel to watch British companies showcase their best at this year’s Monaco Yacht Show.
The key findings include:
Industry revenue has grown by +10.2% year-on-year, to £542 million
48% of those surveyed reported an increase in profits
The sector now contributes £304 million in GVA to UK GDP
An increase in demand has also led to an increase in work load, full time jobs and more valuable order books:
Continue reading “Research shows rising revenues and jobs growth in the British superyacht sector”