Company Financials – Page 11
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NewsMalibu reports down, but better than expected, FQ1
The company has revised its fiscal 2024 outlook downward
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NewsCaterpillar reports double-digit Q3 revenue, profit gains
US engine builder reports attributes higher sales volumes across multiple segments for “another great quarter”
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NewsGrand Banks net profit jumps 158% in Q1
Five new orders were secured during the quarter, taking value of order book to SG$148.8m
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NewsDometic Q3 solid despite 10% revenue drop
Improved EBITA margin and second best operating cash flow ever offset lower revenues from softer end markets
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NewsDecent Q3 for Patrick Industries despite 22% revenue drop
Slower demand in end markets offset in part through cost controls and automation investments to protect margins
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NewsBrunswick Q3 down from prior year
The decline was partially offset by price increases, market share gains and a wealth of new product introductions
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NewsMarineMax ends fiscal ’23 with record quarter, annual growth
Jump in revenues driven largely by acquisitions
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NewsQ3 a mixed bag for Marine Products Corp
Third-quarter revenues down 22% while year-to-date revenues remain up 15% in bad news, good news Q3 for US boatbuilder
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NewsFlat Q3 volumes lead AkzoNobel to cut costs, improve supply chain efficiency
Dutch coatings specialist expects ongoing macro-economic uncertainties to continue
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NewsPolaris Q3 marine revenues down 48%
Lower volumes attributed to inflation, higher consumer finance rates
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NewsWinnebago Q4, full-year revenues and profits down despite marine gains
Full-year marine revenue growth of 10.5% not enough to offset RV declines in tough Q4, full year for US RV and boat manufacturer
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NewsVolvo Group Q3 revenues up 15%
Volvo Penta revenues up despite lower unit volumes, reflecting overall declines in small boat sales
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NewsHanseYachts reports best Q1 in over 10 years
German builder closed the first quarter of the 2023/24 financial year with record results
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NewsBeneteau reports “excellent results” for first half of 2023
Outlook for profitability raised for 2023, and 2025 ambition unchanged
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NewsRecord revenues for BRP, but not a perfect Q2
Strong sales of powersports equipment and Sea-Doo product offset by declines in marine segment revenues as supply hiccups continue to delay new product ramp-ups
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NewsRecreational marine stocks drop as US markets see four days of gain
OEM and dealer stocks took a tumble yesterday
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NewsMasterCraft reports most profitable fiscal year to date
2023 full-year sales up 3.2%, net income up 2.9% in third consecutive record-setting year for US boatbuilder
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NewsMalibu closes fiscal ’23 with record earnings despite softening market
But the outlook remains mixed, says CEO
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NewsMarine leads Twin Disc to strong Q4 and full-year results
US firm confident going into fiscal 2024 based on order book
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NewsTwin Vee reports 18% YTD revenue hike
US boatbuilder looks to newly acquired Aquasport monohull brand to bolster overall earnings
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