Sales Reports

2010 shows improved figures for DBS

07/12/2010

The DBS year concluded on a chilly note when the December Sales helped to ensure that the comparative figures for 2010 were ahead of those in 2009 with an aggregate that increased by 4% to £27,563,800 and an average that was 7% up on last year at £13,720.

Darley are regular supporters of the DBS sales and their offerings provided the top price of the sale when Tropical Breeze was sold to Stephen Hillen for £31,000. The unraced daughter of Kris was sold in foal to Dubawi and attracted interest from Hugo Merry and Andrew Oliver before the hammer came down in favour of Hillen when buying for an existing client. Darley were also responsible for the second highest price when Mass Rally sold for £26,000. Consigned by Clarehaven Stables the two time winning son of Kheleyf was bought to race by Business Development Consultants.

Commenting on the conclusion of the sale, DBS managing Director Henry Beeby said:

Today has proved to be one of frustration as we battled the elements to stage a sale but endured a number of high priced unsold lots. 

That the sale took place at all is testament to our Complex staff who worked round the clock to clear the yards and walkways over the last few days. These are so often the unseen part of our team but Andrew Powell and his crew deserve every credit for ensuring we had a Complex from which to operate.

Did the weather stop buyers is a question that we have posed to ourselves but the evidence is not there to support that view although there are always exceptions and who knows what things will be like next week? That the sale follows an incredibly intense and busy few weeks may be as large a factor as the freezing conditions but people were able to get to Doncaster and the sale was widely promoted since the publication of the catalogue. However we must not lose sight of the fact that there were a good number of buyers at all levels of the market and there was interest at a level in each of the high profile unsold lots albeit a level that did not coincide with the expectations of the vendors. In fact the results of this sale only go to illustrate the vagaries of any horses in training/mixed sale as the quality of the entry can vary dramatically from year to year for no particular reason. We naturally enjoy the upturns but must also accept the years when the quality is not as high as previously whilst turnover will always reduce when we offer fewer horses.

It is a shame to end the DBS year on a negative note but 2010 has largely been a successful year for us especially when viewed in the context of the challenging world wide economic environment. We sold the world’s highest priced National Hunt horse at public auction for the ninth consecutive year, made a promising start to sales at Newbury, recorded very satisfactory results at our flagship Yearling and Breeze-Up sales (and both enjoyed huge success on the track) and the majority of our sales showed some recovery following the downturn of the last eighteen months. Indeed we have returned improved annual statistics for turnover (+4%) and average (+7%) so we are far from despondent and look forward to 2011 with enormous enthusiasm for the industry we love and will continue to promote in every way we are able. Let’s just hope the powers that be can deliver a more attractive model that will allow us to promote a united and viable industry to the world.’

Comparative Figures

 

Offered

Sold

Turnover (£)

Average (£)

Median (£)

2009

206

131 (63%)

1,147,450

8,759

3,100

2010

165

99 (60%)

462,400

4,670

3,000

 DBS Comparative Annual Figures

 

Offered

Sold

Turnover (£)

Average (£)

2009

2,870

2074 (72%)

26,602,400

12,827

2010

2,944

2009 (68%)

27,563,800 (+4%)

13,720 (+7%)

 

 

Click here to view the December Sales results.

Click here to view the 2010 Sales figures.

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