Plymouth, UK: Princess Yachts Ltd has today announced record financial results, plus new records for yacht sales and employment at its Plymouth headquarters. The results make 2018 the British manufacturer’s most successful year in its 54 year history.

Financial results for the 12 months to 31st December 2018 show record turnover of £340.3m (up £65.9m / 24% on 2017) and record operating profit before exceptionals of £29.8m (up £10.9m / 173%). EBITDA for 2018 was £32.8m up from £14.9m in 2017.
In 2018 Princess hit a record high for employment of 3,200. Recruitment has taken place across the business from engineering to exterior design, manufacturing to management, making Princess one of the UK’s largest specialist manufacturers. Princess also increased investment in its successful apprenticeship programme with 40 new apprentices brought into the business; apprentices now make up 4% of the workforce with a 100% retention rate following qualification.

Antony Sheriff, Executive Chairman, Princess Yachts, said: “I am really proud of what the Princess team has achieved in 2018. Their focus and dedication enabled Princess to build on the previous two years of solid financial figures and beat 2017’s record results. The team launched six stunning new luxury yachts while growing revenues to over one third of a billion pounds.

“These strong financial figures will enable us to build upon our unique, highly integrated infrastructure in Plymouth and invest even more in advanced technologies, new yachts and quality levels across design and production. We continue to forge ahead in our vision to be not just the highest quality, most innovative and successful luxury yacht manufacturer in the world, but also a great British employer.”

Underpinning the strong sales, production and recruitment numbers are orders worth in excess of £700m that stretch through 2020 on classic Princess yachts such as the S78, innovative yachts targeting new segments such as the R35, and the game-changing X95 ‘Superfly’ due to be officially launched at Düsseldorf in January 2020.

With the launch of the R35 at one end of the Princess range and the radical X95 at the other, it’s easy to forget the bread and butter of its mid-size flybridge range. The 55 is a sharp jab in the chest and a reminder that the Plymouth shipyard is expert at creating flybridge cruisers of this size.

The 55 simply does not put a foot out of line. Okay, the optional hardtop detracts from its looks but that is a droplet of a complaint within a vast pool of flawless execution. Its interior is vast; be it the saloon, the master ensuite or the twin guest cabin, there is space and light in abundance. It is beautifully made and the decor is achingly tasteful – stylish and sophisticated without ever appearing gauche.

Read more at https://www.mby.com/motor-boat-awards/winners-2019-motor-boat-awards-revealed-105208/7#BzJYgK8GXrDUJ4lw.99

Princess X95 establishes a new ‘Superfly’ X Class, re-imagining the concept of a ‘flybridge’ with extensive outdoor space and innovative segmentation of interior rooms and decks

Princess X95 design redefines space and architecture in yachts, delivering a unique boating lifestyle and experience at sea

Developed in collaboration with Princess Yachts’ long-standing naval architect, Bernard Olesinski, and legendary Italian design house Pininfarina

New hull designed in partnership with Olesinski evolves the deep-V concept to provide 15% improved efficiency with outstanding stability

One of six brand new Princess models recently announced that build on record financial results, benefiting from intensive investment in new technologies and design commitment

Designed with what Princess Yachts calls an ‘open concept’ in mind, the X95 is the first model in Princess Yachts’ new X Class. Challenged with setting a new standard of layout excellence, which is defined by large, adaptable spaces that can be used and formatted in numerous ways, it offers the owner and guests a uniquely flexible boating lifestyle. Spatial lay-out is therefore instantly classleading, highly practical and user friendly. X95’s interior design allows the owner to define each journey around their guests’ preferences – comfortable and relaxing, high levels of privacy, or entertaining and hosting, for example.

At its core is a unique concept for the flybridge and main deck interior space, both of which cover almost the full length of the yacht, creating the Super Flybridge – the X Class’s defining characteristic. The layout provides 10% more outdoor space and 40% more indoor space than a traditional motor yacht. This leap forward in space and versatility mirrors recent innovations from luxury automotive brands who have developed crossover models.

Creating this class-defining yacht out of Princess’s design brief was the work of their long-standing naval architect, Bernard Olesinski, in partnership with legendary Italian design house Pininfarina SpA. Having delivered the styling for the revolutionary R35, Pininfarina worked in
collaboration with Olesinski to craft a statement yacht focused on adventure – the ultimate in contemporary yet highly functional yacht architecture.

The lengthening of the main deck to the bow of the boat has created an unprecedented space, extending to almost 18 metres (59 feet). This large, open space, flooded with light by full height port and starboard glazing, can be configured in a traditional fashion with an impressive sofa and coffee table area (complete with a servery unit), integrated drinks refrigerator and icemaker, a private galley, and a unique master cabin with 270o panoramic tinted, toughened glass windows. A customer could also choose to configure the X95 with entertainment as a focus, replacing the stateroom with a cinema lounge.

Alternatively, the X95 will also offer a more informal layout, with a single large open space that encompasses a large saloon area, a full width open-plan chef’s kitchen with a large centre island and breakfast bar, and a connected dining or recreation area with 270° views to port, starboard and the bow. The impression upon entering the saloon and seeing right through to the forwardfacing window almost 60 feet away is an experience akin to a megayacht.

Walk up the internal staircase to the flybridge from the deck saloon and another unique experience awaits: the fully enclosed and climate-controlled Sky Lounge which also houses the pilothouse. The pilot house can be fully enclosed with sliding doors and features a leather upholstered electric seat with six-way fore, aft and height adjustment and the option for an additional navigator seat. Just behind it is the large lounge area with soft seating, teak flooring and commanding panoramic views. Behind the Sky Lounge is an enormous rear flybridge area with a covered dining zone for eight and a large flexible space for free-standing lounge furniture. Exit from the Sky Lounge’s side  door (or walk along the flybridge’s side deck) and there is a massive forward flybridge with a sumptuous U-shaped seating area and a sunbathing area or spa bath further towards the bow. In total, the Super Flybridge stretches almost 22 metres (72 feet), more than double the length of a typical flybridge on a yacht this size.

Down below on the lower deck, there’s storage for a Jetski, along with crew quarters, bathroom and a mess to the rear. In the centre is the Master Stateroom with large double bed, bedside tables,  portside sofa, coffee table and en suite bathroom. Additional port and starboard guest cabins can each be configured as two single beds or one double bed, both with en suite bathrooms. Towards the front lies the Forward Stateroom complete with large double bed, walk-in wardrobe and en suite bathroom.

Please contact us for further information at +39 0184 990770 or info@princessitalia.it

 

The dynamic all-new V55 from Princess hones renowned V Class qualities and new design language to redefine V Class yachting.

Coupe-like styling and generous sunroof reflect owners’ sporty and alfresco lifestyles.

Hand-crafted using premium materials of the highest quality, the V55 is stylish without compromising practicality or usability.

Unique new hull architecture makes the V55 an out-and-out sports boat.

Class-leading combination of performance, efficiency, and lower centre of gravity layout makes the V55 the most user-friendly and exciting yacht in its class.

Efficient, state-of-the-art twin Volvo D13 lightweight engines combined with Princess’s unique resin-infused deep-V hull provide the foundation for a 37 knot† top speed and optimised seakeeping.

The new model will make its World Debut at Dusseldorf Yacht Show 2020.

We are happy to show you the first renderings of this new amazing yacht.

For more info you can contact us at +39 0184 990770 or send an email to info@princessitalia.it

The new Y85 made its World Debut at Dusseldorf Yacht Show.

Princess Y Class Motor Yachts deliver a new level of luxury, interior ambience and space.

The all-new Y85 joins the award winning Y75 as well as the hugely successful Y88 yacht in the Y Class range, delivering stunning performance, technology and quality time at sea.

Designed by Princess Design Studio in collaboration with long-standing naval architects Olesinksi and Italian styling house Pininfarina.

Class-leading fuel economy and performance offering an exhilarating 33 knots† with twin MAN V12 engines and 13% efficiency improvement.

Innovative flexible galley arrangement allows guests to choose between open plan and enclosed galley at a touch of a button.

Princess Design Studio interior, combined with Naim audio system and unique handcrafted teak detailing, offers a true luxury experience throughout its ample exterior spaces, expansive main deck layout and four cabins that comfortably accommodate eight guests.

For more info you can contact us at +39 0184 990770 or send an email to info@princessitalia.it