Company Financials

  • Nautor's ClubSwan 36 features an inboard version of Torqeedo’s Cruise 10.0 electric drive system

    New product line boosts Nautor’s financial performance


    At its boot Düsseldorf press conference last week, Finnish yacht-builder Nautor’s Swan said that the renewal of its product range has contributed to enhancing its financial performance.

  • News

    Marine segment contributes $145m to Polaris Q4 results


    Polaris Industries Inc reported that its Boat Holdings LLC acquisition contributed $145m in revenues to its fourth quarter 2018 results, exceeding company expectations.

  • Sunseeker_Project 8X 5

    Sunseeker on track for strong financial year


    The UK’s Sunseeker International is said to be on plan for the current financial year. Sean Robertson, Sunseeker’s sales and marketing director, told IBI at boot Düsseldorf that the company is “lining up for a good, clear profit year”.

  • News

    MPC reports Q4 drop in net sales


    Marine Products Corp (MPC), the parent company of Chaparral and Robalo boats, reported Q4 2018 net sales of just over US$62m, down 5.4% from the previous year which the company says is due to a decline in international sales due to the Trump administration tariffs.

  • Rising graph_red

    MarineMax starts fiscal 2019 on an upswing


    MarineMax reported revenue growth of 2% – or just over US$5m – for the fiscal 2019 first-quarter ended 31 December 2018.

  • Princess Yachts_boot 2019

    Princess keeps up pace of development and growth


    The UK’s Princess Yachts announced strong preliminary results and performance figures at the start of boot Düsseldorf this year, highlighting the fact that 90% of 2019 and 40% of 2020 build slots are already sold.

  • US Yacht Sales

    United Yacht Sales reports 40% growth in 2018


    Stuart, Florida-based United Yacht Sales has reported a 40% increase in sales during 2018, citing numerous positive economic indicators, high consumer confidence and “President Donald Trump’s changes to the tax code that allowed for the entire purchase price of a yacht to be deducted when used for business purposes”, the ...

  • Elvstrom's Danish headquarters in Aabenraa

    Danish sail-maker reports “significant increase” in turnover and profitability


    Danish sail-maker Elvstrøm Sails has reported a significant increase in both turnover and profitability during the 2017/18 financial year. According to a company statement, earnings before tax more than tripled to DKK 9.1m against last year’s DKK 2.8m.

  • Liqui Moly is active in 150 countries

    Liqui Moly reports record 2018


    Liqui Moly, the German oil and additives specialist, has reported record turnover of €544m during its first year as part of the Würth Group – a modest increase of just 2% over the previous year. Trade disputes, a weak Russian ruble and low crude oil prices are mostly to blame ...

  • Johnson Outdoors

    Johnson Outdoors reports strong 2018 results


    Marine equipment manufacturer Johnson Outdoors reported all-time high revenue and earnings for fiscal year 2018, marking back-to-back fiscal years of record growth.