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Clipper on Fast Track to better days

13 April 2012

YACHT racing company Clipper Ventures has fallen deeper into the red but is seeing signs of improvement. The AIM-listed company, chaired by round-the-world yachtsman Sir Robin Knox-Johnston, reported a full-year pre-tax loss of £467,892 against £313,541 last year. It said its alliance with Fast Track was starting improve its sponsorship revenue.

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