Camper & Nicholson Marina : CNMI – results

Camper & Nicholson Marina has published its results for the year that ended 31 December 2013. While somewhat out of date now, the figures show that over the year its net asset value per share fell from €0.28 to €0.17. The company intends to raise £2.4m by issuing shares at 10p. The issue is underwritten by First Eastern. The money raised will be used to amend its financing facilities and fund planned capital expenditure. Marina operating revenues were up on the previous year but the company did not concluded any superyacht berth sales.

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