Company Financials – Page 31
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News
Marina group SUTL reports fall in 2019 revenue and profit
ONE°15 marina brand has projects in Thailand, China, Indonesia and Malaysia underway
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BRP’s final quarter ends on a surge, CEO references increased PWC output in Mexico
Powersports and propulsion specialist BRP highlighted a strong end to the financial year and outlined what it called “ambitious plans” for the marine sector today during a webcast with analysts.
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Marine share prices lose ground
IBI’s stock ticker for marine companies was decidedly in the red yesterday, after share prices for most publicly-trade boating companies saw strong downward movement on Tuesday, in step with a general downturn in major indices for the day. At one point, MarineMax shares were down 9.9%, Malibu’s ...
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Chris-Craft sees continued retail growth
US outdoor product manufacturer and parent company to Chris-Craft boats, Winnebago Industries, reported record Q2 revenues and profitability amidst continued growth prospects for the outdoor recreation sector
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Aquavista Marinas reports £3.5m loss in first full fiscal year
UK company drew down £2m to cope with Covid but trading is resilient
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Fairline Yachts puts finances in place to cope with challenging times
British motorboat builder secures £26m-plus in finance facilities to address Brexit and pandemic uncertainties; the company suffered significant loses in fiscal 2019
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Sanlorenzo confirms 2020 results and profitability
Italian yacht builder Sanlorenzo approved draft financial statements for 2020, revealing strong profit gains on stable revenues and a growing backlog
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Groupe Beneteau announces positive forecasts for 2021
Good growth expected in motorboat sales; expects charter business to rebound in 2022
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Swedish builder reports first set of financial results since IPO
Nimbus CEO Jan-Erik Lindström Following its successful IPO last month, Sweden’s Nimbus Group held a positive press conference today as company shares continue to trade above SEK 60 after their introduction to the market at SEK 52. Nimbus CEO Jan-Erik Lindström and CFO Rasmus Alvemyr presented the ...
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Myers Industries releases solid Q4 and 2020 full-year results
Scepter, Ameri-Kart parent posts 18% jump in Q4 revenues, 51% jump in full-year net income
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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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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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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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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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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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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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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