Company Financials

  • Pendennis shipyard latest upgrade
    News

    UK yard reports 53% rise in post-tax profits

    2019-08-20T15:04:00Z

    Falmouth, UK-based Pendennis Shipyard has reported strong performance in 2018, with record turnover and a 53.1% increase in post-tax profits – thanks, in part, to a £1.2m tax credit which accounted for 27.8% of the profit for last year. The company has also acquired a new 800-tonne travel lift.

  • Strong demand for its DF350 outboard in North America drove Suzuki marine net sales and operating income in FY 2018
    News

    Mixed 2019 Q1 results for Suzuki

    2019-08-06T13:02:00Z

    Suzuki Motor Corp released its 2019 first-quarter results on Monday, revealing lower overall sales and profits attributed to a sagging Indian automotive market offsetting gains in the company’s marine and motorcycle business.

  • Cummins qd79-marine-generator
    News

    Cummins reports mixed bag in Q2 results

    2019-08-05T13:37:00Z

    Cummins Inc has released its second quarter results reporting mild revenue increases overall in a generally flat market.

  • Humminbird hero pic
    News

    Johnson Outdoors reports Q3 revenue gains

    2019-08-05T07:00:00Z

    Marine and outdoor equipment manufacturer Johnson Outdoors Inc released its 2019 third quarter results on Friday, reporting higher revenues on the strength of solid fishing equipment sales.

  • The KVH product range
    News

    KVH marks strong Q2 results

    2019-08-02T13:22:00Z

    Maritime VSAT provider KVH Industries Inc released its second quarter results on Friday, marking revenue gains and record product shipments.

  • Garmin image
    News

    Garmin reports record Q2 revenues, profits

    2019-08-01T07:02:00Z

    Marine electronics manufacturer Garmin Ltd. reported record revenues and profits in its second quarter 2019 results, released yesterday.

  • FLIR M500
    News

    FLIR posts strong Q2 results

    2019-07-26T13:47:00Z

    US-based electronic equipment manufacturer FLIR Systems posted strong 2019 second quarter results this week, highlighted by year-over-year gains in revenues and gross profits.

  • MarineMax
    News

    MarineMax Q3 sales up 6%

    2019-07-26T09:25:00Z

    US dealership chain MarineMax released its 2019 third quarter results on Thursday, marking year-over-year gains in both revenue and net income.

  • US boat sales
    News

    Brunswick’s 2nd quarter results show a weakening US market

    2019-07-25T16:22:00Z

    The industry’s global leader posted a solid performance for the first half of 2019, but a slowdown in wholesale shipments reflects concerns about weaker market conditions for the remainder of the year

  • Chaparral 300 OSX
    News

    Record Q2 sales for Marine Products Corp

    2019-07-25T11:33:00Z

    US-based fibreglass boat builder Marine Products Corp has released its 2019 second quarter results, reporting record sales for the period.