Company Financials – Page 20
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Ferretti orders still on a roll
The Italian builder logs another €300 million in orders since the end of June
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Sanlorenzo posts 1st half growth across all financial metrics
The Italian luxury yacht builder also made a number of other significant announcements (see related stories): Employees to get extra compensation as offset for inflation New service venture to be anchored by acquisition of high-end charter business Sanlorenzo bets on hydrogen fuel cells for sustainability ambitions, backed by new ...
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Twin Disc sees dramatic turnaround with highest quarterly net income in a decade
Hinkley Yachts’ SilentJet cited as important component of long-term growth
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Grand Banks finishes FY 2022 on a high note
The Malaysia-based yacht building group saw off the impact of multiple Covid-related closures to end its 2022 financial year profitably and with a robust order book
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Limestone reports improved financials, dip in production
Canadian boatbuilder expects positive trend to continue
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Malibu Boats ends fiscal ’22 with more record-breaking performance
CEO Jack Springer tells analysts in an earnings call that results surpassed expectations with revenues, volumes and profits all up strongly
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Leading UK marine and leisure equipment distributor reports record sales of £59.5m
Business shows reassuring growth as industry benefits from the covid factor. Pre-tax profits exceed £5 million.
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Where will consumer demand for boats go next?
IBI has been taking the latest pulse on the market with in-depth coverage of Q2 financial reports from all the major industry players around the world, including CEO comments to analysts; most of them had something to say about consumer demand…
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Twin Vee reports 158% jump in Q2 revenues
Establishment of Forza X1 electric boat division as independent financial entity to strengthen Twin Vee results through second half of 2022
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High gear for Suzuki North American engine sales
Global outboard engine maker Suzuki is among companies reporting record high net sales and operating profit in its most recent quarter
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Yamaha’s marine business outpaces overall results
Yamaha Motor reports robust demand and higher outboard sales for the first half of 2022
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KVH Q2 revenues down 4% as company exits inertial navigation business
Sale of inertial navigation segment to Emcore Corp brings $55m in cash
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TISG reports strong first-half sales, unveils new Picchiotti fleet
Total revenues up 64% compared to the same time last year
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Supply woes lead to mixed Q3 for Johnson Outdoors
Gains in watercraft sales not enough to offset supply-constrained declines in core fishing business for Humminbird, Minn Kota parent
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Rolls-Royce Power Systems reports record order intake
Demand for products and solutions soars in second quarter
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Orders, revenues and profits up at Ferretti Group
In addition to the 180th Anniversary of the iconic Riva brand, Ferretti also had strong financials to celebrate in the first half of 2022, along with a higher number of launches
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OneWater Marine posts record Q3 earnings, outperforming last year and industry
US retailer sees significant organic growth in both units and average prices
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Supply chain, inflation spell mixed Q2 results for Garmin
Growth in marine segment sales through first half of FY2022 offset by inflation, higher interest rates and strengthening US dollar
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Xylem Q2 results beat expectations
Flat second quarter exceeds previous guidance for Rule, Jabsco, Flojet parent
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Record Q2 revenues for Cummins in spite of continuing supply challenges
Strong demand for engines in North America and western Europe offset declines in Asia to drive solid second quarter