All articles by Arlene Sloan – Page 5
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NewsDometic posts marine sales growth
Sweden’s Dometic Group reported Q2 sales growth in the context of a more challenging market in which Service and Aftermarket revenues took a hit
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NewsCummins names Jennifer Rumsey as new CEO
The engine and power generation company names a woman to its top leadership position to continue the transition towards decarbonization
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NewsBeneteau reveals 2021 boat sales details
French boatbuilder Beneteau Group today released its Annual Report for 2021 together with its Sustainability Performance Report for the year – providing a close-up look into the company’s boat business last year.
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NewsFountaine-Pajot reports growth & latest sustainability investment
France’s second largest builder of sailboats, and both power and sail multihulls, continues to see growth
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NewsOneWater Marine expands P&A business
America’s second-largest boat dealer group, OneWater Marine, continues to pursue development of its aftermarket sales with latest acquisition
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NewsPrivilège CEO clarifies pending deal with Hanse
The French builder said there would be no disruption to employment and is ’always looking’ to hire additional production staff
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NewsHanseYachts moves to sell Privilege
In a move the boatbuilding Group described as ’portfolio optimisation’, Germany’s HanseYachts has put the sale of its shareholding in France-based Privilège Marine in motion
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NewsBRP lifts marine forecast despite Q1 profit dip
Canada’s BRP, manufacturer of SeaDoo personal watercraft and several boat brands, reported financial results for the company’s first fiscal year quarter ending 30 April 2022, noting continued consumer demand
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NewsUS boat sales appear to ‘normalise’
Early reports of Q1 new boat sales in America are coming off the boil from 2021 levels, but still outpacing pre-pandemic results
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NewsHanse reports record-high orderbook
German boatbuilding group, HanseYachts, said its order backlog as of 31 March is more than double the previous-year level, although supply chain challenges continue to have a detrimental impact on profitability
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NewsYamaha Marine records growth despite logistical problems
Outboard engine sales particularly strong
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NewsBeneteau releases Q1 results & 2022 outlook
France’s leading boatbuilder and the world’s largest sailboat producer says boat markets are performing well and updates its outlook for the remainder of the year
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NewsAccelerated growth at Lippert, with some signs of slowing
Pace of retail sales has tempered in the recreational vehicle (RV) segment, but Marine continues to flourish and acquisitions remain on the agenda…
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NewsRecord order book at Nimbus
Sweden’s Nimbus Group echoed reports of strong boat demand across its markets in Europe and the US
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NewsFirst-time US boat buyers at 15-year high
New data shows strong momentum in new participants across 2020 and 2021, but current headwinds may lead to softening after two strong years
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NewsDometic reports marine sales as separate segment
In its first quarter reporting on Marine as a separate segment, Sweden’s Dometic Group provided significant insight in to how the business has developed since 2017 when it acquired SeaStar Solutions
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FeatureIBI review: the year industry M&A activity hit $10 billion in value
2021 was a remarkable year for the boating industry in many ways – including the realm of mergers and acquisitions – where IBI reported on more than 150 global transactions last year with a total deal value in the neighbourhood of some $10bn and return of private equity investors to ...
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NewsBrunswick says consumer demand is holding firm
With top-line growth across all segments, Brunswick Corporation boosted its guidance for 2022 citing improved visibility for the year and confidence in sustained consumer demand
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NewsFerretti reports strong order-taking in Q1
In its first few weeks as a public company, Italy’s Ferretti Group posted strong first quarter results and expressed confidence in the remainder of 2022
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NewsBonnier marine group part of strategy shift
Swedish-owned Bonnier Group says it has restructured operations and is rebranding its media business as an “Outdoor Adventure Company”
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