The UK’s Fairline Yachts continued down the path to recovery in 2017, the company’s 50th anniversary year, with turnover up by 144% to £24.1m.
Quebec-based BRP reported revenues of C$1,394.2m and net income of C$90.2m for its third quarter of 2018, marking continued strong growth for the manufacturer of Sea-Doo personal watercraft and Evinrude outboard engines.
LED signals manufacturer Carmanah Technologies Corp reported mixed results for its third quarter of 2018, with a slight revenue decline offset by higher gross profits.
MasterCraft Boat Holdings reported first-quarter net sales were up 44% to US$93.6m from the prior year. Gross profits increased nearly 28% and net income was up just over 20%.
MarineMax reported a 23% increase in fourth-quarter revenues to US$309m over the same period last year, and fiscal 2018 revenue up 12% to nearly US$1.2bn.
Boat business beats forecasts to register 9% growth
Osculati has reported strong sales for the year ended August 2018, with positive performance across all markets and product categories.
Net sales for the marine business were up 5% from the same period last year
Profitability increased as a result of global manufacturing investment and a favourable sales mix
World’s largest boatbuilder reports 2Q /1st half results
Site powered by Webvision Cloud