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Williams grew revenue and profits in 2017, but all eyes are on Liberty
Williams Grand Prix Holdings PLC has just announced the Group’s financial results for the year ended 31 December 2017. WGPH is the holding company of the Williams group of companies, which includes Williams Grand Prix Engineering Limited and Williams Advanced Engineering Limited. Group revenue remained broadly unchanged in 2017 at £166.2m, compared to £167.4m in 2016. EBITDA for 2017 was £10.8m, compared to £15.5m in 2016. Williams' Formula 1 business generated £125.6m in revenue in 2017 (2016: £116.7m) with an EBITDA of £16.0m (2016: £12.4m). Williams Advanced Engineering recorded revenue of £39.5m in 2017 (2016: £36.9m) with an EBITDA of £5.0m (2016: £4.2m). Williams leaves...
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