Menu

Ireland's sailing, boating & maritime magazine

In association with ISA Logo Irish Sailing

In the Black As H&W Post Pre-Tax Profit of £8.7m

3rd June 2015
1872 Views
In the Black As H&W Post Pre-Tax Profit of £8.7m

#H&Wprofits – Returning to the black as Harland & Wolff have posted pre-tax profits of £8.7m following huge losses just a year earlier.

The Belfast shipyard clawed back its profits by opening up business across a range of areas after its more than £4m losses in 2013, Harland & Wolff has said.

Turnover for the year ending December 2014 shot up to £55m - a 70% rise on the same period in 2013, when it stood at £32m.

Harland & Wolff's sales and marketing manager David McVeighsaid the increase was down to "continual investment" in the firm, and moving on from the huge loss it suffered in 2013.

For more on this story, The Belfast Telegraph has a report here.

Published in Belfast Lough
Jehan Ashmore

About The Author

Jehan Ashmore

Email The Author

Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals. 

Featured Sailing School

INSS sidebutton

Featured Clubs

DBSC
Howth Yacht Club
Kinsale Yacht Club
National Yacht Club
Royal Cork Yacht Club
Royal Irish Yacht club
Royal Saint George Yacht Club

Featured Brokers

mgm sidebutton

bjmarine sidebutton
xyachts sidebutton

Featured Associations

ISA sidebutton
ICRA
isora sidebutton

Featured Events

tokyo sidebutton
sovscup sidebutton
vdlr sidebutton

Featured Chandleries

CHMarine Afloat logo
viking sidebutton

Featured Sailmakers

northsails sidebutton
uksails sidebutton

Featured Marinas

dlmarina sidebutton

Featured Blogs

W M Nixon - Sailing on Saturday
podcast sidebutton
BSB sidebutton
sellingboat sidebutton

Please show your support for Afloat by donating