Inactive Instrument

GYG plc

GYG

GB00BZ4FM652

GYG plc Provides Revenue Guidance for the Fourth Quarter of 2020 and first quarter of 2021

February 02, 2021 at 02:00 am

GYG plc provided revenue guidance for the fourth quarter of 2020. For the quarter, the Board expects to report revenue of €58.5m with Adjusted EBITDA also marginally below current market expectations, and additional COVID-related exceptional costs incurred during Q4. For the first quarter of 2021, the Group has experienced a strong start to the year with First Quarter revenues expected to be well ahead of First Quarter 2020.

Latest news about GYG plc

FTSE 100 Drops as Investors Digest Earnings, US-China Tensions Rise	22-08-02	DJ
GYG Stock Sinks 38% On Delisting Proposal From LSE's AIM	22-08-02	MT
GYG plc Provides Earnings Guidance for the Six Months Ended June 30, 2022	22-08-02	CI
Earnings Flash (GYG.L) GYG Reports FY21 Revenue EUR62.8M	22-04-27	MT
Earnings Flash (GYG.L) GYG Posts FY21 Loss EUR-0.14	22-04-27	MT
GYG Signs New Contracts To Continue Works At German Shipyard	22-01-24	MT
GYG Restart of Refit Works in Nobiskrug Shipyard	22-01-24	CI
GYG Names New Independent Nonexecutive Chairman	21-12-16	MT
GYG Announces Changes to its Board	21-12-16	CI
FTSE Edges Higher, Sterling Boosted by Profit-Taking, Position-Closing	21-11-09	DJ
FTSE 100 Edges Up; AB Foods, Rolls-Royce, Housebuilders Lead Gains	21-11-09	DJ
Gilts Unlikely to Fall in Value in Coming Months	21-11-09	DJ
GYG Backs Harwood Capital's Move To Drop Takeover Approach	21-10-29	MT
FTSE Falls as NatWest Drops After Quarterly Results	21-10-29	DJ
FTSE to Open Lower as Apple, Amazon Hit by Supply Chain Issues	21-10-29	DJ
Harwood Capital LLP cancelled the acquisition of GYG plc from Lombard Odier Asset Management Limited and others.	21-10-28	CI
GYG : Earnings Flash (GYG.L) GYG Reports H1 Revenue EUR37.3M	21-09-30	MT
FTSE 100 Closed Higher Despite Volatile Week	21-07-23	DJ
FTSE Rises, Covid-19 Strategy and Brexit Tensions Could Hit Pound	21-07-23	DJ
FTSE 100 Slips 0.03% as Banks Fall	21-07-02	DJ
London Shares Gains as Miners, Builders Rise; Banks Fall	21-07-02	DJ
FTSE Edges Higher, Pound Seen as Vulnerable After BOE Dampens Rate Rise Bets	21-07-02	DJ
GYG : Harwood Capital Secure Extension from Takeover Panel for Talks to Continue	21-07-02	MT
GYG plc's Equity Buyback announced on October 20, 2020 has expired.	21-06-01	CI
GYG : Earnings Flash (GYG.L) GYG Reports FY20 Revenue EUR58.9M	21-04-26	MT

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Company Profile

GYG PLC is a superyacht painting, supply and maintenance company incorporated in the United Kingdom (UK). It operates under two segments: Coatings and Supply. Coatings provides painting and other finishing services to yachts and superyachts. Supply distributes yachting supplies to trade and other customers. The Company operations are divided into three key markets: New Build, covering the fairing and painting of new superyachts as part of the construction process; Refit, including the repainting and finishing of superyachts normally as part of a refitting program; and Supply, consisting of the sale and delivery of maintenance materials, consumables, spare parts and equipment for the care and operation of superyachts. It operates in the Mediterranean, Northern Europe, and the United States of America (USA), primarily trading under the Pinmar, Pinmar Yacht Supply and Technocraft brands.

Sector

Shipbuilding

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Sector Ship Repairing & Maintenance

	1st Jan change	Capi.
HD HYUNDAI MARINE SOLUTION CO.,LTD.	0.00%	5.21B
AL SEER MARINE SUPPLIES & EQUIPMENT COMPANY	-39.41%	1.25B
ENDÚR ASA	+40.00%	178M
ODESSOS SHIPREPAIR YARD S.A.	+7.10%	108M
VYBORG SHIPYARD	-.--%	68.82M
BRODOGRADILISTE VIKTOR LENAC D.D.	+8.19%	64.1M
SANTIERUL NAVAL CONSTANTA S.A.	+87.62%	55.78M
THE BAHRAIN SHIP REPAIRING AND ENGINEERING COMPANY BSC	+10.50%	52.5M

Ship Repairing & Maintenance