Superyacht services group off to a good start

Superyacht refitter enjoys 15% share price gain in first week on the stock market
Thursday 13 Jul 2017 Author: David Stevenson

Superyacht refitting company GYG (GYG:AIM) has risen by nearly 15% to 114.5p since joining AIM on 5 July. It claims to have half of the top superyacht owners as clients. The company paints new and existing vessels and sells maintenance materials and spare parts mainly to trade customers.

Chief executive Remy Millot says he wants to move his business to offer additional services such as engineering.

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