The chief executive of Princess Yachts, Will Green, stated: "We have not been immune to the global downturn that has been affecting the industry. Making any decisions that directly affect people's ...

A private equity-backed Plymouth-headquartered luxury yacht manufacturer has hailed a "pivotal" year in which revenue increased, although pre-tax losses widened.

Will Green, Princess Yachts’ chief executive, said: “2023 was a pivotal year for Princess. Commercially we remained strong with a healthy order book but major supply chain disruptions ...