Williams Grand Prix (WGF1)

Business description

The group comprises a Formula One racing team (70% revenues) and Williams Advanced Engineering (WAE) (22% revenues). The Formula One racing team placed fifth in the 2016 FIA Formula One Constructors’ Championship. WAE specialises in the commercial application of aerodynamics, materials and battery technologies.

Stock data

Market cap.€176m
Last close€17.60
High / Low (52 weeks)€19.2 / €16.6
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A

Price performance

Relative *

* % Relative to local index

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Company news

Investment summary

Half-year results demonstrated strong progress, notably in the racing activity although, with four races left in the 2017 F1 season, another fifth place finish in the Constructors’ Championship seems likely. A robust performance from Williams Advanced Engineering (WAE) was also achieved. Balance sheet reformation has been aided by strong H1 cash flow and an £8m property disposal expected shortly.

Last updated on 11/10/2017

Key management

Jon Boaden, Interim CFO
Martin Hudson, Financial Director

Company address

OX12 0DQ
United Kingdom
01235 777 700
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