Baltic shipbuilder Fayard delivers record result for 2015

Fayard exits 2015 with the best result ever for the shipyard, with a net revenue of USD 167 million and a net profit clocking in at USD 10 million.

Denmark's largest repair yard, family-owned Fayard, achieved a revenue of USD 167.2 million in 2015, and the net profit of USD 10.0 million is the best ever for the company, according to the annual report.

Some years back the shipyard acquired the facilities of former Maersk-owned shipbuilder Odense Staalskibsværft, and these facilities are among the largest in Europe.

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