Oyster Yachts announce they are back in profit with World Rally proving popular

Oyster Yachts has announced it is back in profit, six years after the company went under in early 2018.

Oyster returned to profit in January this year and expects to make an overall profit for 2024 following a 29% year-on-year increase in turnover to £56.4m. After launching 32 yachts in 2022, the shipyard says its build bays remained full for the 2023 financial year.

Oyster reports that over the same year the company grew its staff by a third, expanding its service network, refit...