williams-fw41-2019-pic2-highres

Williams Grand Prix

DB: WGF1

€132m market cap

€13.2 last close

The group comprises a Formula One racing team (70% revenues) and Williams Advanced Engineering (WAE) (22% revenues). The Formula One racing team placed fifth in the 2016 FIA Formula One Constructors’ Championship. WAE specialises in the commercial application of aerodynamics, materials and battery technologies.

Investment summary

2018 proved to be an unsatisfactory year for Williams on the track, which will have ramifications for financial performance in 2019. However, with a mixture of new title sponsor, new drivers and an experienced management team there is a clear focus on recovering competitiveness in the F1 championship. In addition, Williams Advanced Engineering (WAE) continues to grow with a healthy operating margin performance.

Sector
Industrials
Share price graph
Price performance
%
1m
3m
12m
Actual (2.2) (7.0) (22.4)
Relative* (8.0) (8.2) (23.8)
52-week high/low €17.2/€13.0
*% relative to local index
Key management
Martin Hudson Financial Director