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Record sales for Sunseeker
01 Oct 2002
According to Braithwaite, Europe continues to be the company's busiest market, but there was still strong demand from the United States and increased appeal in Australia.
All have contributed to the continuous growth of the company, he said.
The company's financial statements show sales increased by £10m to more than £135m and operating profit at £7.1m, the second highest in the company's history.
The company's balance sheet indicates a further strengthening of its trading position. Net current liabilities reduced by almost £3m to £1.5m, and overall the company's net worth is now in excess of £19m.
Confirming the future of the company will remain the hands of the Braithwaite brothers, Robert and John, Braithwaite told the assembled journalists: "We are not going to be part of an American company."
He went on to confirm the company will be producing even larger boats. "We have a 135ft boat, of which we have already sold two, " he said.
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