Company Financials

  • Grand Banks Eastbay 44

    Grand Banks revenue hits 10-year high


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

  • Volvo D4D6

    Tough Q3 for Volvo Penta


    Volvo Group reported financial results for the third quarter of its 2019 fiscal year today, revealing a difficult quarter for its Volvo Penta marine division.

  • Milan Stock exchange

    Ferretti announces jump in orders in midst of IPO

    2019-10-08T15:26:00Z IBI , by Arlene Sloan

    Ferretti Group reports new orders totalling more than €465 million for the first nine months of 2019, a gain of 18% over last year

  • MasterCraft Boats NXT 20 Boat

    Revenue gains drive MasterCraft 2019 Q4, full-year results


    MasterCraft Boat Holdings Inc reported higher sales for both its fourth quarter and full-year 2019 fiscal results, which were released on Thursday.

  • 2018-Grand-Banks-44-Eastbay

    Grand Banks posts 4th quarter and year-end results


    Singapore-based Grand Banks reports lower revenue and profitability for 2019, but remains bullish about 2020 based on a robust order book and four-years of restructuring initiatives

  • Pendennis shipyard latest upgrade

    UK yard reports 53% rise in post-tax profits


    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

    Mixed 2019 Q1 results for Suzuki


    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

    Cummins reports mixed bag in Q2 results


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

  • Humminbird hero pic

    Johnson Outdoors reports Q3 revenue gains


    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

    KVH marks strong Q2 results


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

  • Garmin image

    Garmin reports record Q2 revenues, profits


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

  • FLIR M500

    FLIR posts strong Q2 results


    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

    MarineMax Q3 sales up 6%


    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

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


    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

    Record Q2 sales for Marine Products Corp


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

  • Bennington QX

    Polaris reports strong Q2 financials


    Polaris Industries released strong 2019 second quarter results on Tuesday, driven in part by strong boat sales.

  • akzonobel-logo_5[1]

    AkzoNobel: strong results overall, but flat in marine coatings


    Dutch paint and coatings manufacturer AkzoNobel has posted strong first-half results, including a €280m net profit, up 24% from the same 2018 period. It cited cost savings and higher prices for AkzoNobel products.

  • Copyright Sunseeker International Hawk 38

    Sunseeker reports solid growth in profitability


    The UK’s Sunseeker International has reported substantial growth in gross margins and retained profit for the year ended December 31, 2018.

  • Ancasta_Logo-1024x722

    Ancasta grows turnover from new-boat and brokerage sales


    One of Europe’s largest boat sales networks, operated by Ancasta International Boat Sales Ltd, achieved a 2.7% increase in turnover for the year ended August 31, 2018, based on growth in both new-boat and brokerage sales. The group’s profit fell back because of increased distribution costs and administration expenses, and ...

  • Noss-on-Dart Marina, the latest in Premier's portfolio

    Premier Marinas reports small fall in profits


    Premier Marinas Ltd, one of the UK’s largest marina operators, has reported a 6% fall in post-tax profits to £4.782m for the 2017-18 fiscal year to September 30, 2018 compared with £5.088m in the year previous. The figures were filed with Companies House, the UK business register.