Company Financials

  • MarineMax flag

    MarineMax expects Q2 revenues equal to or above 2019

    2020-04-02T14:48:00Z By Arlene Sloan,

    America’s largest boat retailer announced expected revenues for its second quarter ending 31 March of $303 to $308 million, along with further insights on how the Cornovirus is affecting the company

  • Brunswick's David Foulkes at CES

    Brunswick increases liquidity


    The marine industry’s largest company has extended its credit facilities and borrowing as a precautionary measure to increase liquidity and financial flexibility in the wake of substantial uncertainty stemming from the COVID-19 crisis

  • 1_HR

    Ferretti reports rise in revenues, issues Covid-19 statement


    Production continues for now at Italian builder as it releases positive 2019 financials 

  • BRP has manufactured Sea-Doo personal watercraft for the US market at its plant in Querétaro, Mexico since 2013

    BRP reports on 2020 results and COVID-19


    The Canadian company said 2019 was an “incredible year” and was very bullish about the upcoming year prior to the coronavirus outbreak with top-line growth projected across all product segments

  • Volvo Penta image

    With many closures already, Volvo alters dividend proposal


    In light of Group operations which are – or will be – temporarily closed, the Board of Directors will withdraw its proposal foran extra shareholder dividend given the significant changes in the business environment since announcing 2019 financial results

  • Dometic logo_2019

    Dometic expects negative impact on Q1 results


    Sweden’s equipment manufacturer Dometic Group warned of a negative impact on demand and financial results in the company’s first quarter, and withdrew the previously proposed dividend for investors

  • MarineMax flag

    MarineMax to buy back stock at bargain rates


    America’s largest boat and yacht retail operation, MarineMax announced approval of a plan to repurchase up to 10 million shares of outstanding stock.  The company’s shares are currently trading at $10.52 – near the bottom of its price range over the past year

  • Massimo Perotti_MF debut

    Sanlorenzo confirms 117% profit gain as production continues


    The Italian yacht builder reported profits of €27 million for 2019, a backlog of €500 million and says the company is not yet experiencing a material impact on business operations due to COVID-19

  • Dehler 30 OD

    Hanse reports latest financials

    2020-03-10T18:00:00Z By Arlene Sloan,

    Despite a drop in revenues and earnings for the company’s first half which the builder attributed to typical seasonality and one-time integration costs for Privilége Catamarans, German boatbuilder Hanse Yachts said a strong order backlog would provide the company with a profit for the year

  • KVH image

    Mixed Q4, 2019 full-year results for KVH


    Maritime connectivity provider reports Q4, full-year net losses in spite of revenue gains

  • News

    OneWater Marine announces fiscal Q1 earnings following IPO


    OneWater Marine announced fiscal first quarter 2020 revenue up 49% on 17% same-store sales growth, the boat dealership chain’s first reporting after an initial public offering (IPO) of 5,307,693 shares of its Class A Common Stock at a price of US$12.00 per share.

  • Garmin 2019 Revenues

    Garmin earnings sends shares to 12-year high

    2020-02-20T16:12:00Z IBI , by Arlene Sloan

    The electronics maker’s stock price surged yesterday on the company’s report of Q4 and 2019 results which beat Wall Street’s expectations. Revenues for the fourth quarter totalled $1.1 billion, including a 22% rise in marine sales.

  • Palm-Beach-GT60-01-9660

    Grand Banks reports 10-year high for order book

    2020-02-14T16:07:00Z IBI , by Arlene Sloan

    Singapore-based boat builder of the Grand Banks and Palm BeachMotor Yacht brands posted a strong first half with a 66% increase in net profit to S$2.0 million (US$1.5m) and a net order book worth S$64 million (US$46m); the company’s Palm Beach GT60 (above) makes its debut at the Miami show ...

  • Massimo Perotti_MF debut

    Sanlorenzo’s 2019 preliminary results show 39% growth in revenues

    2020-02-13T16:35:00Z IBI , by David Robinson, Arlene Sloan

    Following its IPO in December, Italian yachtbuilder Sanlorenzo posts strong gains in sales and profitability with EBITDA up 73.4% to €66m

  • Yamaha Marine Sales by Product

    Marine sales outpace consolidated results at Yamaha Motor

    2020-02-12T17:16:00Z IBI , by Arlene Sloan

    Japan’s Yamaha Motor reported a dip in 2019 sales, offset by 2% growth in the company’s Marine business which accounts for 21% of annual revenues

  • Jason Lippert

    Lippert discusses 2019 results & 2020 outlook

    2020-02-11T16:46:00Z IBI , by Arlene Sloan

    Recent acquisitions in the marine sector are expected to be among the company’s strong performers in 2020

  • Pursuit 355 Offshore

    Malibu Boats reports solid Q2 sales


    Higher sales, higher unit volumes and higher net sales per unit lead to solid second quarter for US boatbuilder

  • Beneteau boat revenues by region 2018-19

    Beneteau confirms positive outlook for 2020


    French boatbuilder Beneteau Group confirmed a positive financial outlook for the Boat Division’s 2019-2020 financial year, based on ‘robust’ trends in European and charter markets

  • Aviara AV36

    Softer Q2 for MasterCraft


    MasterCraft Boat Holdings Inc reported declines in net sales, net income and adjusted ABITA in its 2020 second quarter results, reflecting impacts of a weather-dampened summer 2019 retail season and subsequent measures to “right-size” dealer inventories.

  • Johnson Outdoors

    Johnson Outdoors posts solid Q1 results


    Outdoor recreation equipment manufacturer Johnson Outdoors released its 2020 first quarter results on Friday, reporting higher sales and double-digit growth in net income.