The 海角视频’s largest luxury yacht maker Princess Yachts will unveil five new models at the world's biggest boat show in early 2020 – where it sold a mind-boggling £30million of boats in 2019.
The Plymouth-based manufacturer will unleash the F50, V55, S62, S66 and Y78 models at the Düsseldorf boat show, in Germany, from January 18, 2020.
The company will also have its R35, V40, F55, F62 and Y85 vessels on show and said it underlines it “exceptionally strong recent launch programme” which has resulted in record numbers of new yachts designed, developed, manufactured and ordered in the past two years.
It has been refreshing its existing range of models across traditional classes and “redefining” the performance sports yacht market with its all-carbon R35.
And Princess will also be bringing to Boot Düsseldorf a unique “life-size” mock-up display of what it says will be 2020's most anticipated new luxury yacht: the X95 Superfly.
Both the flybridge and main deck cover almost the full length of the X95 yacht, delivering “expansive spaces with flexibility that enables you to define each journey around your guests’ preferences”, the firm said.
Princess triumphed at the world-famous Düsseldorf show in Jaunary 2019 where it sold 24 yachts, adding £30million to its order book.
The sum meant it earned more than 10% of its usual annual turnover within just one week and was the firm’s best performance at Boot Düsseldorf.
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It helped the company see profits triple in just a year - from £11million to £29.8million, on sales of £340.3million.
That catapulted it 38 places up the annual Sunday Times Grant Thornton Top Track 250 league table in 2019.
The company docked at number 49 in the list just four years after it fell out entirely following a slump in sales. It is now the mid-market growth company with the highest profits in the entire South West.
Princess Yachts is 98.5% owned by L Catterton and employs 2,865 people. It has a “diverse” sales base, with 25% of its boats, which can fetch up to £20million, going to the Americas, 25% to the Middle East and Asia, 35% to Europe, mainly the EU, and just 15% to the 海角视频.
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The Stonehouse-headquartered company has been celebrating the most successful year in its 54 year history with forward orders worth £700million, stretching through 2020.
Meanwhile, Princes is more than doubling the number of apprentices it welcomes to its ranks, moving its training facility to the Marine Academy of South Devon College on the banks of the River Dart.
The leap from 20 to 42 trainees reflects an expansion of the business and it said it chose South Devon College because of its “exemplary specialist marine training facility. Overall, Princess has increased its number of employees by 50% since 2016.