€152m market cap
€15.2 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.
The challenges on the Formula One track are apparent in the H118 report, and investment is being stepped up. Meanwhile, Williams Advanced Engineering (WAE) is delivering top-line growth, with contributions from a broad range of projects and customers. Overall, Williams believes it has the technical know-how and determination to succeed in its field.