Company Financials – Page 36
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NewsUS boat retailer OneWater Marine release Q3 results
The second largest American boat sales network reported strong top- and bottom-line growth and significant market share gain boosted by unprecedented retail demand
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NewsBrunswick reports Q2 results revealing Covid impact on industry’s largest player
US boat and engine manufacturer sees strong retail demand, following a -15.2% decline in sales in the second quarter including a -32% drop in boat segment sales for the period; With current recovery pace, the company expects to meet its 2022 financial targets and sent stock soaring to highest-ever level
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NewsTough Q2 for Cummins Inc
US engine manufacturer records largest quarterly revenue decline in its history Covid-19 shuts down OEM customers worldwide
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NewsGarmin marine sales up 4% in Q2, while overall revenues drop 9%; CEO comments
A surge in its marine business helps offset higher declines in Garmin’s automotive, aviation and outdoor segments
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NewsMarine Products Corp records 58% Q2 sales decline
Sales, profits down sharply in the second quarter of 2020 as Covid-19 shutdowns impact US fibreglass boatbuilder, but strong June sales point to a brighter Q3
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NewsPolaris reports Q2 revenue declines
Polaris reported sales of US$132.2m for its boat business in the second quarter, marking a 28% year-over-year decline from the $182.4m reported for Q2 2019 Minneapolis, US-based boat and powersports equipment manufacturer Polaris Inc reported a 15% decline in second-quarter revenues today, driven by double-digit declines in ...
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NewsRecord Q3 revenues for MarineMax
Clearwater, Florida-based boat and yacht retailer MarineMax reported record revenues for its third quarter of 2020, fuelled by a 37% year-over-year bump in same-store sales. For the quarter ended June 20, 2020, the company reported revenues of US$498.3m, marking a 30% year-over-year increase from the $383.4m in revenues earned during ...
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NewsGYG reports record order book and 41.8% revenue growth for 2019
Transformational year provides greater earnings consistency and sustainability
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NewsAkzoNobel: Covid-19 squeezed Q2 earnings, but profitability up
Covid-19 drove down Q2 earnings at AkzoNobel, but the Dutch paints and coating multinational said “a strong focus” on margins and cost savings raised profitability by 14%, up from 13.7% in the same 2019 period. Releasing AkzoNobel’s Q2 results, CEO Thierry Vanlancker said: “Despite lower end market demand, our business ...
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NewsDometic Q2 sales down 38%
Swedish equipment manufacturer reports hefty declines followed by encouraging trends in “extraordinary” second quarter
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NewsUK’s largest retail chain reports strong 2019 results
Owner comments positively on post-lockdown trading
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NewsCovid-19 hurts Q2 sales and earnings for Volvo Group
Volvo Penta business down 32% year-over-year, but CEO Lundstedt confident current transformations will position company to leverage new opportunities
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NewsLippert announces better than expected sales
US component manufacturer provides a heads up on strong retail demand, leading to better than expected growth for second quarter results
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NewsFountaine Pajot says solid six-month financials will help it weather Covid crisis
Strong cash flow position for French builder following boost in sales
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NewsSanlorenzo’s preliminary first-half results show jump in profitability
The Italian yacht-builder has also announced the expiration of the exclusivity period to acquire Perini Navi
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NewsAkzoNobel reports “robust profitability” in Q2 despite Covid-19
In a rare preview of its Q2 financial reporting, AkzoNobel NV said it had lower revenues and adjusted income in April through June compared to the same 2019 period, but “robust profitability” despite the debilitating Covid-19 crisis.
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NewsGroupe Beneteau reveals full impact of Covid as it reports 2019-20 nine month revenues; announces new strategic plan
Boat business down 43.3% - new strategy in place to cope with Covid aftermath with cuts in production planned
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NewsWinnebago reports Q3 results
March to May period deeply impacted by Covid-19, yet YTD operating cash flow up 96% YOY
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NewsUS boat dealer group sees 30% jump in revenues
US-based OneWater Marine – one of the largest boat retailers in the United States – reported bumper results for its third quarter ending 31 May, with revenues up in excess of 30%. The publicly-traded boat retail group operates 63 stores throughout 11 different states, with diversified revenue streams from new ...
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