Company Financials – Page 17
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NewsGarmin Q1 revenues a record $1.17bn
Marine revenues up 21% in strong first quarter, despite ‘old and new’ headwinds
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NewsSupply chain, logistics challenge Q1 revenues for Marine Products Corp
Component shortages and logistics bottlenecks lead to lower revenues and profits
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NewsPolaris Q1 sales flatten under supply chain woes
Marine segment leads with 6% YoY sales growth, to $211.5m
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NewsHubbell reports Q1 sales, profit gains
Electrical equipment manufacturer reports 21% YoY revenue increase and near-40% jump in net income, reflecting what CEO describes as a “strong start” to 2022 fiscal year
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NewsVolvo Penta parent group reports Q1 results
Sweden’s Volvo Group, parent to marine engine maker Volvo Penta, released financial results today for the company’s first quarter highlighting ’continued strong performance’
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News“Vigorous pricing” fuels strong Q1 earnings for AkzoNobel
Dutch multinational reports strong revenue growth in bothg paints and coatings
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NewsCroatian marina chain exceeds 2021 financial expectations
ACI Marinas operates a network of 22 marinas along the Adriatic coast
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NewsUS brokerage posts record sales and revenues for 2021
Victory Marine Holdings presents year-end financial overview
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NewsOyster reports ‘full build-bays’ but delayed return to profitability
In financials results for its latest fiscal year ending March 2021, Oyster Yachts saw its 3-year turnaround plan delayed, while strong demand continues to boost revenues
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NewsTISG confirms 2022 guidance, reports significant growth in 2021 net sales
The Italian Sea Group confirms guidance for 2022 on back of strong results
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NewsItaly’s Ferretti Group valued at €890m
After a successful IPO in the context of very uncertain times, Italian luxury yacht builder Ferretti Group will start trading on the Hong Kong exchange Thursday
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NewsBRP Q4, full-year revenues up nearly 30%
Marine segment revenues up 7.6% in fourth quarter propelled by launch of Sea-Doo Switch pontoon boat line
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NewsBeneteau returns to profitability; robust growth to continue
The Beneteau Group released earnings results this evening showing improved profitability for 2021 with projections for further gains in 2022. The builder’s statement also included comments on the Ukraine-Russia conflict
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NewsSanlorenzo confirms financial results and 2022 order status
Leading Italian yacht builder, Sanlorenzo, continued to build its order book with new contracts in the first two months of the year and reiterated low risk in terms of the Russian yacht market
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NewsMyers Q4, full-year revenues jump 49%
Adjusted net income up 117% for fourth quarter and up 15.8% for full fiscal year as US plastic fuel tank manufacturer battles continuing supply, freight and labour challenges
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NewsKVH revenues up 8% in 2021, as CEO steps down
CEO and co-founder Martin Kits van Heyningen announces retirement, search underway for permanent replacement
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NewsYacht business driving strong growth at Hempel
Danish coatings group sees double-digit jump in revenues and net profits
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NewsBeneteau finished 2021 with boat revenues up 10.7%
France’s Beneteau Group posted a strong end to the year with particularly robust boat sales in the fourth quarter
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NewsRolls-Royce Power Systems business unit reports strong results
Underlying profits significantly increase, despite Covid
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