RE: Surely3 Nov 2018 05:57
Remy Millott, CEO of GYG commented:
"Despite 2018 being a very disappointing year for the Company, we have made significant progress in many areas of the business. We have recently restructured the management team so there is a more concentrated focus on production and gross margins, pipeline, sales and key industry partnerships, combined with improved technology which will enable prospecting and engaging with clients much earlier than we have done in the past.
GYG's reputation and quality of service are highly regarded in the industry and this was evidenced both at and since Monaco Yacht Show with a number of projects agreed and signed. Having discussed 2018 with other operators at the Show, it is clear that the industry as a whole has had a turbulent year. However, it is also clear that based on a review of New Build orders, charter and yacht sales there is enough evidence that the industry remains in good shape.
While 2018 is a year the industry will wish to put behind it, I am confident in GYG's long term prospects and I am excited by the deals we have signed and the ongoing discussions we are having, both with existing and new customers and shipyards."