Company Financials – Page 3
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NewsPolaris 2024 Q4 revenues down 23%
Fourth quarter marine segment revenues drop just 4% while segment gross profit margin dips by 65 bps on managed inventory reduction initiatives
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NewsMarineMax sales, revenues, profits lower; margins higher amid “muted demand”
CEO Brett McGill tells analysts that higher margins helped insulate the business in FQ1
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NewsHigher Q4 revenues close a difficult year for Johnson Outdoors
Full-year revenues down 11% as equipment manufacturer posts US$43.5m operating loss for FY2024
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NewsTough Q3 for BRP
Layoffs, divesture of boat brands underscore difficult third quarter for Sea-Doo parent
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NewsPort Denarau Marina profits off 50% for 2023/24
Fiji marina hit by rising operating expenses, including increased infrastructure maintenance costs and labour-related challenges
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NewsTwin Vee Q3 revenues down 64%
Losses mount for US power catamaran builder in “challenging and ugly” quarter
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NewsOneWater down for Q4 and year “well-positioned for 2025”
US dealer chain sees earnings hit from Hurricanes Helene and Milton
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NewsFerretti Group reaches new profitability record, all-time high order backlog
Italian builder continues its growth path in the first nine months of 2024
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NewsCompX sees sales, earnings decline in Q3
US equipment firm says it expects “challenging conditions to persist”
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NewsSanlorenzo reports steady increase in profitability for first nine months of 2024
Italian superyacht builder continues to grow revenues in challenging environment
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NewsLippert Q3 revenues drop 5%
Marine OEM sales down 12% while overall net profits jump 35% on stronger RV market
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NewsKVH sees lower revenues but bottom line gains in dynamic Q3
US satcom firm continues to manage toward sustained profitability despite reduced revenues from soft end markets
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NewsTough Q3 for Myers Industries
Goodwill impairment charges leave US plastics firm with US$10.9m quarterly loss
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NewsCummins reports flat Q3 results
US engine builder notes higher international sales overall and in its engines segment
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NewsTwin Disc has positive Q1 led by marine, Katsa Oy acquisition
Strong start to fiscal 2025 for US-based marine transmission specialist
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NewsBeneteau reports 39% drop in Q3 boat revenues
Macroeconomic uncertainty and the still limited visibility regarding the current season continue to weigh on the group’s results
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NewsYamaha FQ3 revenue up, income flat, marine sales down
The Japanese provider of power products has revised its operating income forecast for fiscal 2024 downwards
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NewsMasterCraft 2025 Q1 revenues down 30%
Improving inventory pipeline, enthusiasm for new product and a cash injection from the divesture of its Aviara business leaves US boatbuilder confident as 2025 boat show season approaches
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NewsPatrick Q3 revenues up 6% despite marine segment declines
Marine revenues drop 21% YoY as OEM shipments slow in soft boat market
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