All Boatbuilders articles – Page 188
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NewsBrunswick reports ‘outstanding’ Q3 and is bullish on 2021
The industry’s largest company said it outperformed the market in its third quarter ending September 30, achieving double-digit growth in sales and earnings. Historically-low boat inventory levels position the company exceptionally well for the remainder of the year and throughout 2021.
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NewsUK RIB manufacturer sold to British entrepreneur
Ribcraft UK, based in Yeovil, Somerset, has been bought by UK entrepreneur Toby Adams and looks set to expand on the success it has already enjoyed in growing governmental, military and securities sectors as well as placing a larger emphasis on environmental sustainability.
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NewsSurprise Q3 results for Marine Products Corporation
Marine Products Corporation, makers of Chaparral, Robolo and Vortex boats, surprised Wall Street with its third quarter results that saw a nearly 10.5% reduction in unit sales and a 4.8% drop in sales revenue reported at US$68.7m.
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NewsVanquish Yachts secures 35m superyacht order from US client
Vanquish COO Sander Mars: “US clients are getting used to aluminium” Since its founding in 2012, Vanquish Yachts has built fast luxury dayboats at a blistering pace. It’s a tale of peerless success: the Dutch maker of aluminium tenders and day cruisers just scored an order for ...
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NewsBetter than forecast results for Groupe Beneteau
The multi-brand French boatbuilder said the company is benefiting from its global, multi-segment positioning against the adverse environment of Covid 19
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NewsStrong boat sales float Q3 earnings for Polaris
Boat division leads all other segments with 30% YOY sales jump to drive higher overall earnings, profits
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NewsAzimut-Benetti Group reports strong Asia-Pacific sales
The Asia-Pacific area continues to play a strategic role in terms of Azimut-Benetti Group sales. Thanks to its longstanding presence in key countries in the area, the Italian boatbuilder has an excellent reputation and unparalleled reach across the region.
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NewsFountaine Pajot reports 2019-20 turnover
France’s second largest boatbuilder has released preliminary information for its fiscal year, ending August 31 noting a significant impact stemming from the Covid-19 crisis
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NewsBrunswick elects Reggie Fils-Aimé to Board
The former head of Nintendo of America has been elected to Brunswick Corp’s Board of Directors.
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NewsFrench builder of amphibious boats opens US office
Iguana, the French builder of amphibious sportsboats has opened an office in New York and has marked this with an order from the US Navy for two of their advanced amphibians. The contract with the US Navy marks a significant development for the newly established commercial/military side of the business, ...
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NewsHanseYachts continues its financial restructuring strategy
German boatbuilding group, HanseYachts AG, reported today continuing reorganisation of the company’s financial structure for its future strength. The company’s brands include Hanse, Dehler and Moody sailboats, Fjord and Sealine powerboars, and Privilege sail and motor catamarans.
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NewsFerretti wins 2020 Media Key award for new ad campaign
Italy’s Ferretti Yachts has picked up a 2020 Media Key award for its ‘Just Like Home’ advertising campaign.
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NewsSouthern Wind launches 100ft full-custom cruiser-racer
Southern Wind Shipyard has launched a new 100ft full-custom, high-performance cruiser-racer in the Port of Cape Town, South Africa.
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NewsGrand Banks achieves Q1 profitability
Despite dampened business sentiment due to the COVID-19 pandemic, Grand Banks Yachts Ltd recorded quarterly revenue of S$24.6 million (€15.2m) for the three months ending 30 September 2020 – a dip of 5.7% compared to the same quarter last year. The Singapore publicly-listed company – parent of the Grand Banks ...
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NewsNew leader for world’s largest boat group
Aine Denari succeeds Huw Bower as president of Brunswick Boat Group
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NewsNexus Yachts expands facility following joint venture success
South Africa’s Nexus Yachts has almost doubled the size of their St Francis Bay facility on the back of their successful partnership with Balance Catamarans. Nexus general manager Roger Paarman this week confirmed the company had added a further 2,000m2 of factory space this year, bringing their total footprint to ...
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NewsAmidst Covid-19, Catana posts annual sales growth
French catamaran builder, the Catana Group, reported its 2020 fiscal year results with a strong rebound in the last quarter ending August 30
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NewsWinnebago releases strong Q4 and FY 2020 results
Chris-Craft credits new model introductions for record Q4 sales and production backlog through spring 2021
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NewsVittoria Shipyard adds yacht division
Tapping into a century of experience with military and civil shipbuilding, Italy’s Vittoria Shipyard is moving into the luxury sector, announcing a new yacht division with three product lines. Michele Zorzenon was named managing director for the yacht group under the shipyard president Paolo Duo, a fourth-generation member of the ...
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NewsNordhavn appoints Turkish build partner
The Nordhavn 41 is being built at Telgeren & Partners in Turkey One of the world’s leading trawler brands, Nordhavn, has started to work with a Turkish shipyard. Telgeren & Partners recently completed and launched the Nordhavn 41 at its facilities in Ayvalık, Turkey. Nordhavn will continue ...
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