F1 »

Williams announces interim results

Williams shows off interim financial results for the first half of 2011
Williams Grand Prix Holdings has revealed interim financial results for the first six months of 2011, having floated on the stock exchange earlier in the year.

The holding company, which includes Williams Grand Prix Engineering, saw turnover increase by five per cent to £47.3 million while a core profit before tax was also up to £2.9 million thanks to a combination on increased revenue and reduced costs.

Earnings per share have also increased by 49 per cent.

“The first half of 2011 shows momentum in our diversified growth, building on the foundations we laid in 2010,” Sir Frank Williams said. “We have upgraded and extended existing partners Randstad and Oris, and added Interbrand as a new partner.

“Our new partnership with Jaguar Land Rover was followed by an exciting alliance announced with Renault, which will further strengthen our medium term performance both on and off the track.”


Tagged as: Williams , Renault

Related Pictures

Click on relevant pic to enlarge
28.08.2011- Race, Rubens Barrichello (BRA), Williams FW33 and Pastor Maldonado (VEN), Williams FW33
27.08.2011- Qualifying, Rubens Barrichello (BRA), Williams FW33
27.08.2011- Qualifying, Rubens Barrichello (BRA), Williams FW33
27.11.2016 - Race, Jolyon Palmer (GBR) Renault Sport F1 Team RS16 and Esteban Gutierrez (MEX) Haas F1 Team VF-16
27.11.2016 - Race, Jolyon Palmer (GBR) Renault Sport F1 Team RS16 and Jenson Button (GBR)  McLaren Honda MP4-31
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016 with Felipe Massa (BRA) Williams FW38
27.11.2016 - Race, Felipe Massa (BRA) Williams FW38
27.11.2016 - Race, Felipe Massa (BRA) Williams FW38
27.11.2016 - Race, Felipe Massa (BRA) Williams FW38
27.11.2016 - Race, Felipe Massa (BRA) Williams FW38 and Fernando Alonso (ESP) McLaren Honda MP4-31
27.11.2016 - Race, Valtteri Bottas (FIN) Williams FW38 and Felipe Massa (BRA) Williams FW38
27.11.2016 - Race, Felipe Massa (BRA) Williams FW38 and Valtteri Bottas (FIN) Williams FW38
27.11.2016 - Race, Kevin Magnussen (DEN) Renault Sport F1 Team RS16
27.11.2016 - Race, Valtteri Bottas (FIN) Williams FW38
27.11.2016 - Race, Felipe Massa (BRA) Williams FW38
27.11.2016 - Race, Kevin Magnussen (DEN) Renault Sport F1 Team RS16 and Pascal Wehrlein (GER) Manor Racing MRT05
27.11.2016 - Race, Jolyon Palmer (GBR) Renault Sport F1 Team RS16 leads Jenson Button (GBR)  McLaren Honda MP4-31
27.11.2016 - Race, Start of the race, Fernando Alonso (ESP) McLaren Honda MP4-31 and Valtteri Bottas (FIN) Williams FW38

Start the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.




© 1999 - 2016 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.