GYG PLC - yacht maintenance company based in Palma de Mallorca, Spain - Revenue in 2020 falls 7.7% to EUR58.9 million from EUR63.8 million. Pretax profit drops 78% to EUR183,000 from EUR828,000. Says performance was "robust", despite virus disruption and order book as of March 31 totalled EUR41.1 million, "record level". Revenue in first quarter of 2021 improves 21% annually. Decides against payout, like in 2019, but eyes return to "dividend list at the earliest appropriate opportunity".
Current stock price: 87.00 pence, untraded on Monday
Year-to-date change: up 25%
By Eric Cunha; ericcunha@alliancenews.com
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