HanseYachts has experienced record figures for the first half of the year, growing its turnover by 22.7% to an expected 94.2 million euros.
The Group increased its preliminary quarterly earnings before interest, taxes, depreciation and amortisation (EBITDA) by 12.7 million euros to 7.1 million euros.
At 7.5%, the EBITDA margin also reached a record level.
Preliminary consolidated earnings for the half year increased by 9.4 million euros to 2.9 million euros compared to the same period in the previous year.
“This is by far the best first half-year since 2008 and the positive development of our figures has further stabilised,” said Hanjo Runde, CEO of HanseYachts.
“The consistent implementation of our corporate strategy shows sustainable success, especially thanks to the contribution of our employees.”
“Our innovation policy with numerous new models has also contributed significantly to this, especially with our focus brands Hanse and Fjord, which have been extremely well received by the market.”
With regard to these preliminary half-year figures, and in view of the volatile macroeconomic conditions, the management board continues to expect sales in the range of 180 million euros to 200 million euros, EBITDA in the mid to upper single-digit million euro range and consolidated net income in the low single-digit million euro range as part of a preliminary outlook for the full year 2023/2024.
“The new launches in the current calendar year – including the Moody DS48, the upcoming Hanse models 360 and 590 as well as the upcoming Fjord 480 – will ensure continued successful business development,” added Stefan Zimmermann, HanseYachts COO.