Company Financials – Page 4
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Marine Products reports lower Q3 sales, income
US boatbuilder combats “soft consumer demand and tepid dealer order flow”
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MarineMax sales down amid hurricane-related fallout
Q4 and full-year earnings for fiscal 2024 were negatively impacted by Helene and Milton
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Malibu FQ1 results down across the board, but better than expected
CEO tells anaylsts that market share gains are being seen across all brands
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Garmin reports fifth consecutive quarter of double-digit growth
Marine revenue was up 22% in the third quarter of 2024
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Grand Banks reports strong Q1 with 95% rise in net profit
Reduced costs and the resale of a cancelled yacht contract contributed to the rise
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AkzoNobel’s Q3 shows weaknesses, except in marine and protective coatings
Dutch paint and coatings giant reports mixed financial quarter
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Lower revenues, better margins for Volvo Group in Q3
Volvo Penta revenues down 2% as segment generates higher operating income and enterprise-leading margins
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Tough 2023 for Fairline Yachts but brighter prospects for 2024/25
UK builder says trading was impacted by supply chain problems and war in Ukraine
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Cox Powertrain reports challenging 2023
The UK diesel outboard builder is strengthening its products, supply chain and routes to market
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Sunseeker London sees increased turnover but profits reduced
UK broker says turbulent operating environment in 2023 has strengthened its commitment to long-term objectives
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Beneteau confirms H1 2024 financials, revises operating margins upwards
French builder says operating margins are now expected to reach 4% to 6%
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HanseYachts closes 2023/24 business year with good results
The German builder reports record turnover and the best EBITDA in 15 years
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Marina Estrella closes best fiscal year of the last decade
The Spanish distributor generated nearly €25m in revenues in 2023/24
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Sanlorenzo reports positive first half, maintains 2024 guidance
Italian superyacht builder grows revenues by 6.9%
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Ferretti Group boosts profitability; US and Middle East offset decelerating European market
Second quarter shows signs of long-term growth, including consistent recovery in demand from the North American market
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New CEO comes aboard with Malibu taking on water
Despite putting its best face forward: reduced dealer inventories, increased promotional activity, brand positioning in market segments and plenty of cash on hand, Malibu Boats, Inc’s (MBI) new CEO Steve Menneto takes the helm of a company taking on water as Q4 and fiscal 2024 numbers were more disappointing than ...
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MasterCraft Q4 revenues down 60%
Full-year sales down 45% from record 2023, adjusted EBITDA down 75% in difficult year for US boat builder
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Massimo Q2 revenues up but boat sales down
Sales of pontoon boats were down 73.5% in the second quarter of fiscal 2024