Company Financials – Page 4
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Mixed Q1 for Hubbell Inc
Electrical equipment manufacturer reports revenue gains as cost increases reduce profits
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Lower volumes, higher prices lead to flat Q1 for Caterpillar
US engine builder reports slightly lower revenues but higher profits in “rewarding” first quarter of 2024
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Revenues down, margins up in mixed Q1 for Dometic
Lower revenues and earnings, partially offset by higher operating and EBITA margins, underscore divided results for marine and outdoor equipment manufacturer
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Brunswick Q1 revenues down 21% from record 2023
Results consistent with expectations in soft retail market, with strong winter boat show sales for Sea Ray, Boston Whaler
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Marine Products Q1 sales, profits down on soft US market
Reduced demand in the face of high channel inventory levels and elevated interest rates leads to double-digit declines for Chaparral, Robalo parent
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MarineMax reports modest Q2 growth, lowers guidance
Second-quarter revenues up 2% compared to the same time last year, driven largely by boat sales
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AkzoNobel Q1 core profit beats analysts’ predictions
Dutch paints and coatings giant says it expects a “strong” 2024
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Volvo group reports solid Q1 profitability despite lower volumes
Market normalisation expected to continue as Swedish engine builder doubles down on technology investments as the key to future growth
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Taiga reports higher 2023 Q4, full-year revenues and losses
Losses mount for Canadian electric PWC and snowmobile builder despite revenue gains and strong order book
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2024 brings record revenues for BRP
3.3% gain over record 2023 revenues sets new high water mark for Sea-Doo, Manitou, Alumacraft and Quintrex parent
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UK boatbuilder Pearl in expansion mode as builds on success of 2023
Strong order book worth over £40m; new flagship to be announced
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2023 a tough year for Forza X1
Electric boat builder posts higher operating expenses in challenging market, while facing potential stock market delisting and executive departures
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Tough Q2 for Winnebago
Continued softness in US marine, RV sectors leads to US$12.7m net loss in challenging second quarter
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Sanlorenzo board approves 2023 consolidated results
Guidance for 2024 envisages continued revenue growth at a sustainable rate
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KVH Q4 revenues dip 13%, full-year revenues drop 5%
2023 a tough year for US satcom provider as it winds down manufacturing operations and migrates to emphasising service offerings
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Myers reports declines in Q4, full-year revenues and profits
Continuing softness in RV, marine and consumer goods end markets lead to lower earnings for US plastics manufacturer
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Limestone reports Q3 loss, issues 2024 operations update
Canadian builder incurs operating loss of C$1.6m for three months ended December 31
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Rolls-Royce Power Systems reports strong 2023 results
mtu and Team Italia Marine owner sees revenue jump 16% to nearly £4bn
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Record 2023 revenues for Garmin
Marine segment marks record full-year revenues and 14% Q4 revenue jump boosted by JL Audio acquisition