Company Financials – Page 16
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NewsRecord 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
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NewsPearl Yachts expanding capacity and dealer network to meet demand
UK luxury motoryacht builder reported fiscal 2021-22 profits down while gross profit margin increased
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NewsRecord revenues propel Garmin marine segment to 10 consecutive years of growth
‘Outstanding accomplishment’ of marine division partially offsets low single digit revenue, profit decreases related to inflationary, currency pressures
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News2022 Yamaha unit sales decline, while financials remain buoyant
The global producer of outboard engines, personal watercraft and boats posted strong revenues and profits for the past year, while projecting a bullish forecast for 2023
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NewsLippert marine sales help offset RV slowdown
Equipment manufacturer, Lippert Components achieved all-time high revenues for 2022, following a challenging fourth quarter which included job cuts
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NewsGrand Banks sees strong rebound in most recent quarter
Malaysia’s Grand Banks Marine Group has reported a financial turnaround in revenues and profits for the six months ending 31 December 2022, but expects a softer market going forward
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NewsPatrick marine sales surpass $1 billion in 2022
Marine sales at US-based component manufacturer, Patrick Industries, posted the strongest performance in the company’s portfolio and helped lift annual sales 20% to $4.9 billion
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NewsGroupe Beneteau: Record Q4 paves way for significant 2023 gains
US market surge spearheads growth across all boating divisions; Group set to outperform forecasts
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NewsSanlorenzo exceeds 2022 financial targets
Italian luxury yacht builder Sanlorenzo has reported double-digit growth in revenues, order backlog, and other key metrics at the close of 2022
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NewsSunseeker reports “significantly improved” financial results for 2021
Revenues jump but Covid-19 causes drop in earnings; builder in strong position for 2023-24
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NewsAnother record Q2 for MasterCraft
Ninth consecutive record quarter for US boatbuilder delivers highest ever Q2 net sales, net income and adjusted EBITDA
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NewsAkzoNobel reports grim 2022 due to inflation, lower volumes, higher costs
Double-digit loss in operating income for Dutch paint and coatings specialist
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NewsExpanded distribution yields record growth for Nimbus Group
The Swedish builder’s strategy to geographically diversify its dealer network and product offering paid off in higher Q4 and 2022 sales
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NewsXylem Q4 earnings up 14%
Full-year revenues for Rule, Jabsco and Flojet parent jump 6% to US$5.5 bn on strength of sustained demand and strong backlog execution
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NewsMalibu sees record FQ2 with saltwater segment leading growth
US builder delivers fantastic quarter as momentum continues
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NewsCummins 2022 revenues up 9%
Gains in revenues, profits driven by strong demand in global markets, offsetting declines in China and suspended operations in Russia
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NewsQ1 a mixed bag for Johnson Outdoors
Rebound of fishing segment revenues offset by higher operating costs and slowing sales in watercraft, camping sectors
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NewsTwin Disc sees continued improvement in FQ2
But global supply chain challenges continue to limit growth
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NewsUK legal practice posts record profits for fiscal 2021-22
Hill Dickinson provides services to the yacht and superyacht industry
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NewsBrunswick delivers best Q4 in company history
Read IBI’s full analysis: Brunswick caps 2022 with record sales, operating margins and operating earnings, with an all time best in the boat business; 2023 sales expected to be flat to slightly up
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