Company Financials – Page 26
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News
UK marina group sees big rise in turnover and losses during fiscal 2019-20
Boatfolk Marina Group operates a portfolio of 11 marinas in England, Wales, Scotland and Northern Ireland
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USA
KVH Q4 revenues up 4%, full year up 1%
Gains in product sales provide optimism in spite of continuing pandemic challenges
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News
Beneteau reports better than forecast year-end; cyber-attack update
The Beneteau Group has released a preliminary report on revenues indicating a boost in outboard boat demand which helped offset a collapse in fleet sales.
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News
Sanlorenzo exceeds 2020 outlook
Italian yachtbuilder Sanlorenzo released preliminary results for the financial year ending December 31 2020, showing a slight gain in net revenues for new yachts and improved profitability
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News
Hanse reports record backlog
German boatbuilder Hanse Yachts AG – parent company of the Hanse, Dehler, Moody, Fjord, Sealine and Privilège sail and motorboat brands – said its order backlog is the highest its been in the company’s history
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News
OXE Marine reports subdued Q4 sales as expected, posts full-year gross profit for first time
Swedish engine manufacturer posts year-end and Q4 results
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News
Garmin reports record Q4, 2020 FY on robust marine segment sales
Marine sector up 48% for the quarter, 29% for full fiscal year
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AkzoNobel reports profitable 2020 despite Covid-weakened demand
Dutch paint and coatings specialist is now a leaner, financially sharper organisation
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News
Yamaha posts year-end results
Yamaha Motor Co releases latest year-end results, announces factory consolidation
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USA
Patrick Industries reports 41% Q4, 6% full year sales gains
Acquisitions of Geremarie and Taco Metals in fourth quarter strengthen firm’s presence in leisure marine sector
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News
Record Q2 for MasterCraft
Net sales up 19% YOY, gross profit up 38.5% on strength of continuing high demand
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News
Record sales drive “historic” Q4, 2020 FY for Lippert
US components manufacturer reports $2.8bn in net sales, $158.4m in net income for 2020 fiscal year
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News
Malibu Boats reports strong FQ2 results, building at historic levels
Several new models are selling ahead of initial expectations
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Grand Banks logs revenue and profit gains
Despite Covid-related challenges, luxury motoryacht builder Grand Banks Yachts closed out the first half of its fiscal year ending 31 December with increases in revenue, profit and new orders.
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News
Suzuki sees sales growth in US and Asia
High power outboard sales in North America help drive growth
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News
Johnson Outdoors Q1 operating profit up 245%
US equipment manufacturer marks significant YOY gains in fishing equipment and watercraft sales following “unprecedented” quarter
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News
Dometic continues shift towards aftermarket; stock trading at record high
In 2020, Swedish equipment maker Dometic extended its reach in consumer channels and expanded to new markets focused on the outdoors; a new acquisition kick-starts 2021… with more M&A to come
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News
Xylem Q4, full-year results exceed expectations on strong year-end growth
Rule, FlowJet and Jabsco parent reports Q4 and FY revenues of $1.37bn and $4.88bn respectively
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News
Volvo Penta saw rebound in Q4 sales & larger yacht sector
Volvo Group’s marine engine business reported an 11% drop in net sales for 2020, but saw a recovery in the leisure marine market take hold in Q3 and carry into Q4