Hanse reports record order book but substantial write-down

Against the backdrop of €67.5 million in orders, German boatbuilder HanseYachts has disclosed a -€13.9 million impairment of its asset portfolio and -€15.9 million fiscal year loss – primarily related to the impact of Covid-19 and delayed restructuring at its French subsidiary Privilege

Against the backdrop of €67.5 million in orders, German boatbuilder HanseYachts has disclosed a -€13.9 million impairment of its asset portfolio and €15.9 million fiscal year loss – primarily related to the impact of Covid-19 and delayed restructuring at its French subsidiary Privilege. Hanse CEO Dr. Jens Gerhardt highlighted both the ups and downs of the pandemic on a webcast with investors today…

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