Company Financials – Page 15
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AkzoNobel beats forecasts with ‘above expectation’ Q1 financials
Robust pricing cited for rise in adjusted operating income
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Volvo Group Q1 revenues up 25% in record quarter
Volvo Penta revenues grow by 33%, driven in part by gains in marine engine sales
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British Marine halves pandemic losses
UK trade association reports strong recovery in latest financial accounts
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Oyster reports strong order book but turnaround takes longer than expected
Owner provides extra investment to support UK builder’s success
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Troubled Canadian builder reports 2022 gross loss
Limestone Boats is actively working to pursue financial restructuring initiatives
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FY2022 a mixed bag for Twin Vee Powercats
Revenue gain of 103% offset by net loss as US builder spins off Forza electric boat brand
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Inmarsat outstrips competitors with strong 2022 performance
Maritime communications firm says it outperformed the competition last year in terms of revenue growth
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Record Q4, full-year revenues for BRP
FY2023 revenues top $10bn as boat and PWC builder forecasts marine business to increase by 45% to 50% in FY2024
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Beneteau reports higher 2022 results than forecast
Growth and increase in profitability confirmed for 2023
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Winnebago Q2 boat revenues up 16%
Strong gains in marine division offset declines in RV sector for US parent to Barletta, Chris-Craft boat brands
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KVH posts first operating profit in six years
Revenue gains for fourth quarter and full fiscal year speak to success of restructuring efforts, says CEO
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Hempel's marine business sees double-digit growth in 2022
Marine business delivered highest-ever organic growth
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Ferretti exceeds €1bn in full year-revenues
Italian builder reports double-digit rise in net sales for fiscal 2022
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MAN full-year revenues up 4%
German engine builder reports adjusted operating result of €139m despite losing six weeks of production time to Ukraine war
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Record Q4, full-year results for Myers Industries
Fourth consecutive record quarter drives US plastic fuel tank manufacturer to 18% increase in full-year revenues
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Croatian marina operator reports 92% jump in profits
Further 25% profit growth anticipated for 2023
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Limestone Boat to delist from American OTC trading platform
Canada-based Limestone Boat Company – owner of the Aquasport, Limestone and Boca Bay boat brands – today announced that it will terminate its exchange listing in the US
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Suzuki Q3 marine sales and profits at record highs
The outboard engine maker posted strong results in the marine sector and across its portfolio for the first nine months of fiscal 2022, revising its full-year forecast upward
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OXE Marine reports bleak Q4
In his opening comments on the engine maker’s most recent financial report released today, OXE Marine CEO Anders Berg acknowledged, “Q4 is nothing but a significant disappointment.”
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Record 2022 for Rolls-Royce Power Systems
Profit margins hit by supply chain disruption, inflation and Russia-Ukraine conflict; Drive to increase profitability in 2023 while signalling a focus on hydrogen as key to green energy transition