# GYG plc ‘a global niche player …in a strong position’ say Zeus Capital (Analyst Interview)

- Link: https://www.directorstalkinterviews.com/gyg-plc-a-global-niche-player-in-a-strong-position-say-zeus-capital-analyst-interview/412845009
- Published: 2020-07-23T08:24:15+01:00
- Author: Giles Arbor

**GYG plc** (LON:GYG) is the topic of conversation when Mike Allen, Head of Research
at Zeus Capital joins DirectorsTalk. Mike talks us through the highlights of its
audited Final Results for the year ended 31 December 2019, talks about the key themes
he noted, adjustments to the forecast and Mikes view on the company as an investment.

GYG is the market leading [superyacht](https://yachtinstyle.com/) painting, supply
and maintenance company, offering services globally through operations in the Mediterranean,
Northern Europe and the United States. The Company’s brands include Pinmar, Pinmar
Yacht Supply and Technocraft. GYG’s operations can be divided into three key sales
channels:

· Refit: repainting and finishing of superyachts, normally as part of a refit programme.
Revenues also include scaffolding and containment work;

· New Build: fairing and painting of new vessels as part of the build process; and

· Supply: selling and delivery of maintenance materials, consumables, spare parts
and equipment primarily to trade customers.

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