Company Financials – Page 41
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NewsPolaris Q3 revenues up, but not in marine
Polaris Inc reported year-over-year growth in overall revenues and gross profits among its 2019 third quarter results, in spite of an 11% YOY drop in revenues for its boat division.
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NewsGrand Banks revenue hits 10-year high
The luxury yacht builder said seven new orders have boosted the Group’s order book to S$52.8m in the first quarter
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NewsTough Q3 for Volvo Penta
Volvo Group reported financial results for the third quarter of its 2019 fiscal year today, revealing a difficult quarter for its Volvo Penta marine division.
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NewsFerretti announces jump in orders in midst of IPO
Ferretti Group reports new orders totalling more than €465 million for the first nine months of 2019, a gain of 18% over last year
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NewsRevenue gains drive MasterCraft 2019 Q4, full-year results
MasterCraft Boat Holdings Inc reported higher sales for both its fourth quarter and full-year 2019 fiscal results, which were released on Thursday.
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NewsGrand Banks posts 4th quarter and year-end results
Singapore-based Grand Banks reports lower revenue and profitability for 2019, but remains bullish about 2020 based on a robust order book and four-years of restructuring initiatives
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NewsUK yard reports 53% rise in post-tax profits
Falmouth, UK-based Pendennis Shipyard has reported strong performance in 2018, with record turnover and a 53.1% increase in post-tax profits – thanks, in part, to a £1.2m tax credit which accounted for 27.8% of the profit for last year. The company has also acquired a new 800-tonne travel lift.
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NewsMixed 2019 Q1 results for Suzuki
Suzuki Motor Corp released its 2019 first-quarter results on Monday, revealing lower overall sales and profits attributed to a sagging Indian automotive market offsetting gains in the company’s marine and motorcycle business.
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NewsCummins reports mixed bag in Q2 results
Cummins Inc has released its second quarter results reporting mild revenue increases overall in a generally flat market.
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NewsJohnson Outdoors reports Q3 revenue gains
Marine and outdoor equipment manufacturer Johnson Outdoors Inc released its 2019 third quarter results on Friday, reporting higher revenues on the strength of solid fishing equipment sales.
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NewsKVH marks strong Q2 results
Maritime VSAT provider KVH Industries Inc released its second quarter results on Friday, marking revenue gains and record product shipments.
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NewsGarmin reports record Q2 revenues, profits
Marine electronics manufacturer Garmin Ltd. reported record revenues and profits in its second quarter 2019 results, released yesterday.
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NewsFLIR posts strong Q2 results
US-based electronic equipment manufacturer FLIR Systems posted strong 2019 second quarter results this week, highlighted by year-over-year gains in revenues and gross profits.
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NewsMarineMax Q3 sales up 6%
US dealership chain MarineMax released its 2019 third quarter results on Thursday, marking year-over-year gains in both revenue and net income.
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NewsBrunswick’s 2nd quarter results show a weakening US market
The industry’s global leader posted a solid performance for the first half of 2019, but a slowdown in wholesale shipments reflects concerns about weaker market conditions for the remainder of the year
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NewsRecord Q2 sales for Marine Products Corp
US-based fibreglass boat builder Marine Products Corp has released its 2019 second quarter results, reporting record sales for the period.
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NewsPolaris reports strong Q2 financials
Polaris Industries released strong 2019 second quarter results on Tuesday, driven in part by strong boat sales.
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NewsAkzoNobel: strong results overall, but flat in marine coatings
Dutch paint and coatings manufacturer AkzoNobel has posted strong first-half results, including a €280m net profit, up 24% from the same 2018 period. It cited cost savings and higher prices for AkzoNobel products.
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NewsSunseeker reports solid growth in profitability
The UK’s Sunseeker International has reported substantial growth in gross margins and retained profit for the year ended December 31, 2018.
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NewsAncasta grows turnover from new-boat and brokerage sales
One of Europe’s largest boat sales networks, operated by Ancasta International Boat Sales Ltd, achieved a 2.7% increase in turnover for the year ended August 31, 2018, based on growth in both new-boat and brokerage sales. The group’s profit fell back because of increased distribution costs and administration expenses, and ...
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