Company Financials – Page 39
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NewsMarine sales outpace consolidated results at Yamaha Motor
Japan’s Yamaha Motor reported a dip in 2019 sales, offset by 2% growth in the company’s Marine business which accounts for 21% of annual revenues
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NewsLippert discusses 2019 results & 2020 outlook
Recent acquisitions in the marine sector are expected to be among the company’s strong performers in 2020
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NewsMalibu Boats reports solid Q2 sales
Higher sales, higher unit volumes and higher net sales per unit lead to solid second quarter for US boatbuilder
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NewsBeneteau confirms positive outlook for 2020
French boatbuilder Beneteau Group confirmed a positive financial outlook for the Boat Division’s 2019-2020 financial year, based on ‘robust’ trends in European and charter markets
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NewsSofter Q2 for MasterCraft
MasterCraft Boat Holdings Inc reported declines in net sales, net income and adjusted ABITA in its 2020 second quarter results, reflecting impacts of a weather-dampened summer 2019 retail season and subsequent measures to “right-size” dealer inventories.
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NewsJohnson Outdoors posts solid Q1 results
Outdoor recreation equipment manufacturer Johnson Outdoors released its 2020 first quarter results on Friday, reporting higher sales and double-digit growth in net income.
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NewsDometic’s 2019 marine sales outpace other segments
Swedish equipment maker Dometic has been downsizing capacity, headcount and SKU’s in a drive to improve efficiency and respond to soft demand in key markets
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NewsBrunswick details full year performance on analyst call
Despite a slight decline in 2019 sales, the industry’s largest company reports strong earnings with solid margin growth, delivering shareholders a tenth consecutive year of EPS gains. CEO David Foulkes tells analysts this afternoon why the company is ’built to win’
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NewsSoft Q4 leads to full-year sales decline for Marine Products Corp
Marine Products Corp, manufacturer of the Chaparral, Robalo and Vortex boat brands, reported its fourth quarter and full 2019 financial results on Wednesday, with a softer Q4 leading to a slight overall loss for the full year.
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NewsMarineMax raises earnings guidance based on record Q1 results
America’s largest recreational boat and yacht retailer announced 26% growth for the quarter ending December 31 and has boosted its guidance for full 2020 earnings by 15%. The company’s share price jumped 20% in early trading in response to the news.
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NewsBeneteau’s activity report highlights a year of rapid expansion
Spend under 2 minutes to see the highlights of Beneteau Group’s 2018-19 fiscal year, in which the French builder sold more than 9,800 boats, introduced 32 new models and achieved revenues of €1.14 billion in it’s Boat Division
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NewsLiqui Moly reports record turnover
Liqui Moly, the German oil and additive specialist, has reported record turnover of €569m in 2019 – a 4% increase over the previous year and a new sales record.
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NewsPrincess Yachts seeks multi-million investment funding from shareholders to maintain expansion
Focus on new product development and facility expansion to meet demand
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NewsFountaine Pajot eyes investments in capacities amid higher sales
Boatbuilder’s higher revenues to stimulate investments
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NewsDiscovery Yachts Group overcomes financial troubles to secure future
Lawsuit over 2017 delivery will cost Discovery over £1.5m in compensation, repair and legal fees
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News2019 has been a crucial year for Fairline Yachts
The company has hopes of profitability after heavy losses during its first 3 years of operation. Fairline’s just-filed accounts for 2018 show a loss of £14.8m
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NewsDiscovery Yachts’ possible administration yet to be confirmed
UK builder reported to be facing financial difficulties
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