Company Financials – Page 17
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Acquisitions boost sales and margins at OneWater Marine
But US retailer lowers full-year outlook, anticipating flat to modest same-store sales
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Hubbell revenues jump 10% in Q4, 12% over full year
Easing input costs lead electrical equipment manufacturer to forecast 2023 sales gains of 5% to 7%
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Record Q4 and 2022 full-year revenues for Polaris
Continued growth of boat division helps drive full-year revenues to over US$8.5bn
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Double-digit Q4, full-year sales growth for Caterpillar
US engine builder posts higher earnings on strength of marine engine and parts sales
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Marine segment is strong performer in Dometic’s Q4
In the context of a challenging macroeconomic environment and high channel inventories, Sweden’s Dometic Group reported record sales for the 2022 financial year, achieving growth of 38% to SEK 29.8 billion, through the end of December. Adjusted operating profit (earnings before interest, tax and amortisation) rose to SEK 3.9bn, ...
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Volvo chalks up record sales and electrification gains
Even with all-time high revenues and profits, the Volvo Group still fell slightly short of analysts expectations for the fourth quarter while CEO Lundstedt warned of ongoing supply chain issues
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Lippert makes surprise release of preliminary Q4 results
RV and marine component manufacturer Lippert provided an early indication that fourth quarter sales and profits will come in lower than expected; extra Q4 costs appear to include severance payments for staff reductions
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MarineMax reports jump in Q1 revenue, gross margin
But stock price falls after cutting 2023 guidance and revealing a return of industry seasonality together with increased economic challenges
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Marine Products Corp reports record Q4, full year revenues
Improving supply environment and continuing high demand drive double-digit increases in both revenues and profits for US boatbuilder
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Italian Sea Group orderbook surpasses €1 billion
Italian yacht builder (ITSG) approved preliminary 2022 results today in addition to sharing its 2023 outlook with the financial community
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Catana reports continued growth momentum
French multihull specialist, Catana Group, has reported robust revenue gains for the first quarter of its 2022-23 fiscal year, and foresees a strong 2023-24
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Fountaine-Pajot posts solid results for 2022 financial year
The French builder reported revenue gains and a strong uplift in profitability, while also reaffirming its sustainability commitment
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HanseYachts posts sales & production gains while losses mount
The German boat building Group published results for fiscal 2021-22 revealing losses in excess of its forecast, but also showing significant progress in revenues, orders and production volume – and the exit from its loss-making investiment in Privilège Marine
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Winnebago Q1 marine revenues up 65%
Marine segment sales reach $131m to offset double-digit declines in camper revenues
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Johnson Outdoors Q4, full-year results a mixed bag
Rebound of fishing equipment segment drives higher Q4 sales, but continuing supply headaches leave full-year figures trailing strong FY2021
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KVH revenues climb 2% in solid third quarter
US satcom hardware and service provider posts encouraging Q3 results following divesture of inertial navigation business
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Beneteau lifts ’22 forecast; updates ’25 targets
France’s Groupe Beneteau used the occasion of the Paris Boat Show to host an Investor Conference this afternoon providing a comprehensive review of both recent accomplishments and future ambitions
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Canadian builder has weak Q3, seeks financing to resume production
The company announced layoffs and a production stoppage in late October, early November
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BRP celebrates another record quarter
Third-quarter revenues up 71% year-over-year, driven in part by higher Sea-Doo PWC and pontoon boat sales
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Yanmar reports record first-half revenues
Japanese engine builder raises full-year outlook in spite of continuing supply headwinds