News Details

2015 financial results show Williams back in profit

Williams Grand Prix Holdings PLC today announced the Group's financial results for the year ended 31 December 2015. WGPH is the holding company of the Williams group of companies, which includes Williams Grand Prix Engineering Limited. Group revenue increased from £90.2m in 2014 to £125.6m last year. EBITDA (Earnings before interest, taxes, depreciation and amortization) improved from a loss of £37.0m in 2014 to a loss of £3.3m in 2015. The Group generated operating free cash flow of £2.7m for the full year. The increase in revenue is primarily due to increased commercial rights and sponsorship income following a significant improvement in on-track performance...
Full Story »
9y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Williams 2015 financial results show significant...

Williams Grand Prix Holdings PLC today announced the Group's financial...
9y ago from Pitpass.com

Williams reports significant improvement in annual...

Williams Grand Prix Holdings PLC announced the Group’s financial...
9y ago from GrandPrix247.com

Williams returns to profit on back of Formula 1 success

The Williams Formula 1 team has lifted itself back in to profit on the...
9y ago from Motorsport.com

Williams F1 encouraged by 2015 financial results

Williams Grand Prix Holdings PLC (WGPH, Ticker: WGF1) today announced the...
9y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

McLaren eyes Fernando Alonso reunion to complete...

Zak Brown has said he will "continue to bug" Fernando Alonso to...

Arrow McLaren unveils liveries for 2026 IndyCar...

Arrow McLaren has taken the wraps off its trio of challengers for the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Player ratings: Arsenal 3-0 Sunderland

Arsenal made it back-to-back wins with a convincing 3-0 win at home to...
4h ago from FreshArsenal.com

Arsenal, Man United and Spurs battle for 55m-rated...

AC Milan are looking to restructure their squad at the end of the season,...
11h ago from CaughtOffside.com

Arsenal 3-0 Sunderland: Gyokeres makes a big impact...

Match report – Player ratings – Arteta reaction – Video...
13h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.