Company Financials
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News
Caterpillar Q1 revenues, earnings down
US engine builder reports lower numbers across the board
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Polaris reports 12% Q1 revenue decrease
Marine segment revenues drop 7% on lower volumes as US boat and powersports equipment builder withdraws 2025 earnings guidance amid tariff uncertainty
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Volvo Group Q1 revenues down 7%
Volvo Penta down 3% in period marked by tariffs, stock market upheavals and decreasing consumer confidence
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Dometic Q1 sales dip 11%
Continued OEM, aftermarket softness in ‘turbulent market’ offsets gains from new product launches and cost reductions
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MarineMax record Q2 revenue belies “uncertain” market conditions
US firm lowers annual guidance following lowest gross boat margins in company history
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Brunswick responds to market uncertainties
Revenues down but in line with expectations in quarter marked by ‘challenging macro environment’
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AkzoNobel expects cost-cutting program to offset US tariffs impact
Dutch coatings and paints giant reports “better than expected” first quarter
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The Italian Sea Group reports strong 2024 fiscal year
Total revenues and EBITDA both increase more than 10%, yard says
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Winnebago Q2 revenues down 12%
Barletta Boats pontoon segment claims market share gain in challenging Q2 for US RV, boat builder
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OXE full-year sales decline but losses reduced
Major refinancing of unstainable debt restores balance sheet
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Sanlorenzo approves year-end results, issues 2025 guidance
Italian superyacht builder ends 2024 with a 10.7% jump in sales of new yachts
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Myers reports higher Q4, full-year revenues
“Focused transformation” to optimise business structure aims to deliver improved cost efficiencies, growth opportunities for US fuel tank manufacturer
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2024 Q4, full-year financials a mixed bag for KVH
Cost-reduction initiatives and a refreshed product mix yield an improved financial picture as satcom provider positions for return to profitability
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Ferretti approves 2024 preliminary results, order book hits all-time high
The Italian motoryacht builder beat its 2024 guidance, outperforming expectations
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Rolls-Royce Power Systems reports record 2024 results
Annual sales of mtu products and solutions exceed €5bn for the first time
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Grand Banks reports increased profits, revenues in H1 2024/25
Sales for the six months ended 31 December 2024 were up 3.4% YOY
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Marine revenues top US$1bn as Garmin releases 2024 Q4, full-year financials
Electronics giant celebrates 35th anniversary with record full-year revenues, record full-year operating income
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Sanlorenzo ends 2024 with 10.7% jump in sales of new yachts
Growth driven in part by ”excellent performance” in the Superyacht Division