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Vernicos Yachts profits up

Greece…

Greece’s Vernicos  Yachts enjoyed increased profits and saw a boost in its chartering  in the first nine months of 2000.

More specifically, turnover from charters between January 1 and September 30 totalled 743 million drachmas, up from 346 million in the corresponding period last year – representing a rise of 114%.

Profits for the same period jumped to 711 million, from 429 million drachmas in 1999 – an increase of 65.5%.

The firm recently became holding company and was renamed Vernicos Yachts & Holdings, covering its specialisation in marine tourism but also its financial and investment activity, as well as involvement in transport.
Marine tourism remains the top priority and its activities in this area cover yachts, marinas and hotels.

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