HanseYachts Closes Business Year

HanseYachts Closes Business Year

HanseYachts Closes Business Year

After a very good first half year, HanseYachts AG has also closed the entire 2023/2024 financial year
with good results according to preliminary figures. The HanseYachts Group’s turnover of expected
184.9 million euros was the highest since the company’s foundation. The preliminary earnings before
interest, taxes, depreciation and amortisation (EBITDA) grew to 11 million euros. At 5.9 percent, the
EBITDA margin also reached a satisfactory level. Preliminary consolidated earnings for the business
year amounted to 1.8 million euros.

HanseYachts Closes Business Year With Good Results
“This successful business year, the second best since fifteen years, is a result of the consistent
implementation of our corporate strategy,” says Hanjo Runde, CEO of HanseYachts AG. “Adapting
to the normalisation after the overheated demand of the past years, we are continuously working hard
on further enhancing our competitiveness. We are well positioned, and we are confident that our
strategy will prove successful in the long run as well.”
“Innovation has been essential in obtaining these good results,” says Stefan Zimmermann, COO of
HanseYachts AG. “Especially our new models as the Moody DS48 and the Hanse 360 which are both
nominated for the prestigious European Yacht of the Year award, or the Hanse 590 and the upcoming
FJORD 490 will significantly contribute to our future successful business development.”
In the light of the preliminary figures for the past business year and despite the difficult market
environment, HanseYachts continues targeting an EBITDA margin of over 10 percent.

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