All articles by Arlene Sloan – Page 4
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NewsSanlorenzo posts 1st half growth across all financial metrics
The Italian luxury yacht builder also made a number of other significant announcements (see related stories): Employees to get extra compensation as offset for inflation New service venture to be anchored by acquisition of high-end charter business Sanlorenzo bets on hydrogen fuel cells for sustainability ambitions, backed by new ...
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NewsGrand Banks finishes FY 2022 on a high note
The Malaysia-based yacht building group saw off the impact of multiple Covid-related closures to end its 2022 financial year profitably and with a robust order book
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NewsBRP reveals data leak after recent cyberattack
Boat, powersport products and propulsion manufacturer, BRP, has reported a data leak on the dark web, subsequent to the cyberattack earlier this month
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NewsOneWater Marine expands dealer holdings
The US-based boat dealer and equipment supplier has added to its footprint in the Mid-Atlantic with a further acquisition
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NewsBRP resumes operations in wake of cyberattack
Boat, PWC and engine maker BRP says efforts to restore operations continue with production restarting today at a number of manufacturing sites
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NewsHigh gear for Suzuki North American engine sales
Global outboard engine maker Suzuki is among companies reporting record high net sales and operating profit in its most recent quarter
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FeatureMarineMax super-charges its global position in yachting
In a move that further diversifies its portfolio, America’s largest boat dealer group, MarineMax, announced it is adding IGY Marinas to the company’s existing marina and services business
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NewsYamaha’s marine business outpaces overall results
Yamaha Motor reports robust demand and higher outboard sales for the first half of 2022
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NewsBRP acquires electronics supplier; also reveals cyberattack
After announcing acquisition, Canada’s BRP also says it is temporarily suspending operations due to an IT attack
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NewsUS dealer group MarineMax strikes ‘transformative deal’ to acquire IGY Marinas
In a move that further diversifies its portfolio, MarineMax says it will add IGY Marinas to its existing marina and services business
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NewsOrders, revenues and profits up at Ferretti Group
In addition to the 180th Anniversary of the iconic Riva brand, Ferretti also had strong financials to celebrate in the first half of 2022, along with a higher number of launches
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NewsLippert Q2 results buoyed by marine sales
US-based Lippert Components announced a strong uplift in second quarter sales – including marine – spurred by the continuing popularity of outdoor pursuits
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NewsBrunswick’s Boteka opens new Florida sales & refurbishment center
Pre-owned boat refurbishment and certification helps instil consumer-confidence, especially among first-time buyers looking for a lower entry price to ownership
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NewsBrunswick delivers its best quarter in history
Industry’s largest player today confirmed its full-year revenue guidance and production of close to 40,000 annual units for 2022
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NewsBeneteau reports H1 revenue gains
France’s largest boatbuilder and second largest global builder unable to deliver 600 boats due to supply chain disruption
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NewsRaymarine parent, Teledyne, reports Q2 results
Supply chain constraints, inflation and negative exchange rates all provided headwinds during the quarter, but the group has returned to the M&A market and is looking at further bolt-on acquisitions
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NewsOXE Marine logs best quarter yet
Swedish diesel outboard engine maker, OXE Marine reported second quarter results showing the company’s strongest progress to date
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NewsOutboard engine shortage holds back Nimbus sales
Swedish boat builder, Nimbus Group, reports good Q2 despite engine delivery disruptions
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NewsVolvo Penta posts record Q2 sales
In its report of second quarter financial results for the period ending June 30th, the Volvo Group saw a 20% increase of top-line sales, excluding positive currency effects
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NewsYanmar posts fiscal year growth
Yanmar Holdings Co. has announced its financial results for its fiscal 2021 financial year, closing 31 March 2022
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