Company Financials

  • Yamaha boat & engines
    News

    Yamaha Motor’s share price jumps 13% on Q3 results

    2019-11-15T15:02:00Z IBI , by Arlene Sloan

    Japan’s top manufacturer of outboard motors, personal watercraft, and boats reported a 4% increase in marine revenues for the first nine months of 2019, and confirmed the company’s outlook for year-end results

  • News

    Osculati reports strong 2019 results

    2019-11-14T14:03:00Z

    Italy’s Osculati Group has reported turnover of €72m for the year ended August 31, 2019 – an 8% increase over the same time last year. Positive performance was recorded across all markets and product categories, with sales in Italy up 5% and sales in the rest of Europe up 9%. ...

  • ACI-Rovinj
    News

    ACI reports drop in profits for first nine months

    2019-11-13T16:32:00Z

    The Croatian state-owned marina operator ACI has reported a 14.6% drop in profits for the first nine months of 2019. The company, which operates a chain of 22 marinas, achieved a profit of Kuna 33.7m – a Kuna 5.7m or 14.6% weakening in profits for the period ended September 30, ...

  • Crest Pontoon
    News

    Strong Q1 for MasterCraft Boat Holdings

    2019-11-13T06:30:00Z

    MasterCraft Boat Holdings Inc marked a strong start to its 2020 fiscal year, reporting gains in revenues, net income and adjusted EBITA among its first quarter results.

  • KVH FOG group
    News

    KVH reports softer third quarter results

    2019-11-13T06:00:00Z

    Mobile connectivity and inertial navigation system manufacturer KVH Industries posted total revenues of US$39.3m in its 2019 third quarter results, while celebrating the shipment of its 10,000th VSAT system.

  • Malibu M240
    News

    Malibu Boats releases strong Q1 results

    2019-11-07T15:16:00Z

    US-based boatbuilder Malibu Boats Inc reported strong first quarter results today, noting year-over-year gains in sales, profits and net income.

  • Lippert Sign
    News

    Mixed Q3 results for Lippert Industries

    2019-11-06T14:30:00Z

    US-based parts and components manufacturer Lippert Industries (LCI) released its third-quarter results yesterday, showing declines in its core RV OEM business being partially offset by growth in new markets including marine.

  • FLIR Group
    News

    FLIR reports mixed bag for Q3

    2019-11-01T10:20:00Z

    FLIR Systems released its 2019 third quarter results on Friday, reporting a bit of a mixed bag as gains in the company’s industrial and defense markets were offset by revenue, margin and earnings declines in its commercial products business unit, which includes leisure boating equipment.

  • Hanse's Fjord
    News

    Hanse Yachts reports record turnover

    2019-10-31T15:30:00Z IBI , by Arlene Sloan

    Germany’s largest production boatbuilder increased turnover to €150m and achieved its highest profits since 2008

  • Beneteau sailboat
    News

    Beneteau shares drop 16% on news of lower growth & profitabillity

    2019-10-30T17:44:00Z IBI , by Arlene Sloan

    The French boatbuilder posted a fifth consecutive year of growth for its 2019 fiscal year, but investors appear to be uncertain about prospects for the coming year. Although noting a higher order book, Beneteau said it would not be issuing its FY 2019-20 outlook until 4 February and hinted that ...

  • Garmin Echomap UHD
    News

    Garmin releases strong Q3 results

    2019-10-30T16:32:00Z

    Switzerland-based Garmin Ltd has reported strong sales for its third quarter, driven by growth in its aviation, fitness, outdoor and marine divisions.

  • MarineMax at boat show
    News

    Annual revenues for US boat retailer MarineMax grew 5%

    2019-10-29T16:41:00Z IBI , by Arlene Sloan

    Financial results for America’s largest boat retailer – representing more than 20 boat and yacht brands across some 60 locations – were down for the company’s fourth quarter reflecting ’choppy’ market conditions across the industry in terms of both geography and product segments

  • Juan_Vargues_CEO
    News

    Swedish equipment maker Dometic reports a 2% rise in Q3 revenues

    2019-10-28T16:09:00Z

    Dometic President and CEO Juan Vargues presented a confident picture of the company’s prospects amidst a ‘challenging global trading environment’ and affirmed plans for further acquisitions and significant restructuring

  • News

    Patrick Industries Q3 sales down, earnings impacted by cyber attack

    2019-10-25T14:32:00Z

    Patrick Industries, maker of component parts for the marine, RV and manufactured homes industries, is reporting third-quarter sales were off 2% or US$8.9m compared to 2018 results for the same time period, adding that the company took a US$41.5m hit due to what it calls “a sophisticated cyber-attack” last month. ...

  • Johnathan Burgess
    News

    Burgess reports large jump in profits in 2018

    2019-10-24T15:42:00Z

    CEO Jonathan Beckett increases majority share from 63% to 71%

  • Brunswick's David Foulkes
    News

    Brunswick’s Q3 net sales down 5.7%

    2019-10-24T15:35:00Z By Arlene Sloan,

    US-based Brunswick Corporation reported financial results through the end of September showing anticipated declines in top-line revenues, but exceeding earnings expectations

  • Robalo R317
    News

    Relatively flat Q3 for Marine Products Corp

    2019-10-23T14:22:00Z

    Fibreglass boat builder Marine Products Corp (MPC) reported relatively flat sales for the third quarter of 2019, with higher volumes of outboard-powered boats offsetting declines in sales of sterndrive models.

  • AkzoNobel
    News

    AkzoNobel reports sunny Q3 results, buys back shares

    2019-10-23T14:11:00Z

    AkzoNobel, the Dutch paints and performance coatings multinational, reports a 23% rise in Q3 profit lifting it to €300m, up from €243m in the same 2018 period.

  • 2020 Bennington-R-Bowrider-Pontoon-Boat-1920x1280
    News

    Polaris Q3 revenues up, but not in marine

    2019-10-23T09:39:00Z

    Polaris Inc reported year-over-year growth in overall revenues and gross profits among its 2019 third quarter results, in spite of an 11% YOY drop in revenues for its boat division.

  • Grand Banks Eastbay 44
    News

    Grand Banks revenue hits 10-year high

    2019-10-22T15:28:00Z

    The luxury yacht builder said seven new orders have boosted the Group’s order book to S$52.8m in the first quarter