News Details

Williams back making a profit

Williams is back on track financially…. Williams is out of the red thanks to a redesign of their structure, after previous years where they were consistently making a loss upwards of £31.3m in 2014. “Our 2015 financial results represent a major improvement, with strong revenue growth and positive cash flow,' said Mike O’Driscoll, Williams' Group chief executive officer.” 'Over the past two years we have completely restructured our business, and our results reflect significant progress, both operationally and financially. We were able to continue our resurgence on the track, and balance revenue and expenditure, despite enormous levels of competitive spending in what is...
Full Story »
10y ago from F1.co.uk 0
Share

You May Also Be Interested In...

Williams reports significant improvement in annual...

Williams Grand Prix Holdings PLC announced the Group’s financial...
10y ago from GrandPrix247.com

Williams on-track improvement pays off as team posts...

The Williams Formula 1 team has returned to profit according to its...
10y ago from GrandPrixTimes.com

2015 financial results show Williams back in profit

Williams Grand Prix Holdings PLC today announced the Group's financial...
10y ago from Pitpass.com

Williams F1 encouraged by 2015 financial results

Williams Grand Prix Holdings PLC (WGPH, Ticker: WGF1) today announced the...
10y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

‘A World Champion cannot do a mistake like that'...

Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...

MotoGP confirms Aragon to remain on calendar for 2027...

MotoGP has announced that Motorland Aragon will host a race in 2027,...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

From France: Arsenal and Liverpool on high alert as...

Arsenal and Liverpool could be given a serious transfer opportunity this...
55m ago from CaughtOffside.com

New: Arsenal star now in 'advanced' talks over 20m...

Arsenal winger Leandro Trossard is in advanced talks over a transfer to...
55m ago from CaughtOffside.com

Manchester United poised to beat Arsenal to 'very...

Manchester United are reportedly looking set to beat Arsenal to the...
1h ago from CaughtOffside.com

Latest: Arsenal given shock opportunity to sign World...

Arsenal have reportedly taken concrete steps in their pursuit of AS Roma...
3h ago from CaughtOffside.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.