Admiral Tecnomar is delighted to report the sale of the new motor yacht Classique 35. The magnificent Classique 35 superyacht is a 35-metre displacement vessel of the “Classique” custom series.
Built with a steel hull and aluminium superstructure, the 35m luxury yacht Classique 35 features 5 staterooms to accommodate 10 guests in extreme comfort and is due for delivery in summer 2014.
Francesco Carbone, Vice Chairman & Sales Director, says “The new year has started well for our Group which keeps growing steadily. The market has picked up for large yachts and we feel the outlook remains positive over the next twelve months”.
The brand Admiral characterizes yachts from 35 to 80 meters of high-class and prestigious features whereas the brand Tecnomar yachts from 30 to 49 with features of sportivity and high-performance, combined to a highly refined design.
Despite the economic results obtained from the former properties, in the last three years Admiral Tecnomar registered a stable sales volume, which today attests 25 million Euros and a significant improvement of indicators which mark the positive operative management.
In detail, from a loss of 10 million Euros in 2008, the 2011 counts a profit of 1 million Euro; the net worth transformed from a negative situation of 8 million Euros in 2008 to a positive change of 5 million Euros in 2011; the EBITDA, which in 2008 was negative for 6,3 million Euros, in 2011 has reached the positive goal of 4,5 million Euros.