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Positive 2015 financial results for Williams
Financial results from 2015 have represented a major improvement for Williams Grand Prix Holdings PLC. WGPH is the holding company of the Williams group of companies including Williams Grand Prix Engineering Limited. Group revenue has increased from £90.2m in 2014 to £125.6m last year, with Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) also improving from a loss of £37m in 2014 to a loss of £3.3m in 2015. Following significant improvement in on-track performance during the 2014 Formula 1 season, there has been an increase in their revenue which is primarily due to increased commercial rights and sponsorship income. Williams Martini Racing has generated...
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9y ago from TheCheckeredFlag.co.uk
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