Company Financials – Page 21
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NewsNew OXE Marine CEO reports on his 1st quarter at the helm
Sweden’s diesel outboard engine maker, OXE Marine saw an uplift in sales, gross margins and order book for its third quarter results
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NewsMarine sales help boost Patrick Q3 revenues by 51% to US$1.1bn
Marine segment revenues increase 85% YOY on strong organic and acquisitive growth
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NewsBrunswick reports 5th record quarter with strong start in Ft. Lauderdale
US-based Brunswick Corporation said all of its businesses - Boats, Engines, P&A and Services – had another outstanding quarter and is on its way to closing out the most successful year in the company’s history. A Q&A session with investors provided additional details on the company’s business, and the ...
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NewsGrand Banks back to fulfilling orders
With closures lasting almost 2½ months in its first quarter of fiscal 2021-22 ending 30 September, Grand Banks Yachts saw minimal revenue in Q1, but forward orders remain strong
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NewsGarmin: record Q3 revenues top $1.19bn
Marine segment sales up 25% to $207.5m, earning $54m in operating income
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NewsMarine Products Corp Q3 sales up 10%
Sales gains offset by supply headwinds to yield flat operating profit, net income for US boatbuilder
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NewsRecord Q4, full-year results for MarineMax
World’s largest boat dealer reports 16% Q4 revenue gain, record gross margin, record FY revenues and EPS that exceeds guidance
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NewsPolaris boat sales grow 18% in Q3
Net sales flat but supply constraints impact overall profitability for US boat, powersports equipment builder; FY guidance adjusted down to 16% YOY gain
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NewsPrices still going through the roof, reports Dometic
In line with a predominant theme emerging in marine industry third quarter financial reports, material and freight costs are exerting a significant influence on Dometic’s business against a backdrop of continuing high demand
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NewsDemand is greater than supply everywhere, says Volvo Group
In his presentation with investors today, Volvo Group President and CEO Martin Lundstedt explained how the company delivered solid results despite persistent headwinds in the supply chain
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NewsRaw material prices figure heavily in AkzoNobel Q3 results
Dutch multinational specialist in paints and coatings, AkzoNobel, discussed the significant impact raw material inflation is having on the business in today’s call with investors
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NewsWinnebago reports record US$1bn Q4, $3.6bn FY revenues
Strong continuing demand for boats and RVs propels US builder to best-ever financial results
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NewsHanse bullish on outlook despite Covid impact on profits
With manufacturing operations in Germany, Poland and France, the German boatbuilder experienced significant Covid disruptions to its business, particularly in France and in Griefswald due to restrictions on the normal cross-border flow of employees between Germany and Poland.
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NewsCovid hits 2020 financial results at Princess Yachts
In the context of accelerating sales, UK luxury motoryacht builder Princess Yachts reported a decline in both turnover and profitability for 2020 due to closures lasting between 6 and 8 weeks across its production sites
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NewsBeneteau posts first-half growth in revenues & earnings
Despite a disruptive cyber attack and contraction in fleet sales, France’s Beneteau Group returned to growth in the first half of its financial year ending 30 June.
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NewsBRP predicts US pontoon market will hit 100,000 units
A global leader in powersport vehicles, boats and propulsion systems, BRP finished the second quarter of its fiscal year ending 31 July surpassing market estimates for earnings & revenues. Discussing results with analysts, the manufacturer also provided volume expectations for its new ‘Switch’ pontoon range
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NewsRecord Q4, 2021 FY for MasterCraft
US boatbuilder posts record 2014% Q4 sales gain to conclude most profitable fiscal year in company history
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NewsGrand Banks improves profits despite shutdowns
The luxury motorboat builder remains in a lockdown imposed by the Malaysian government on 1 June, but benefitted from strong demand
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NewsMalibu boat group sees record Q4, fiscal 2021 year-end growth
US towboat builder saw sales gains across all market segments; company nears a major milestone in revenues
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