Company Financials – Page 44
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NewsUnited Yacht Sales reports 40% growth in 2018
Stuart, Florida-based United Yacht Sales has reported a 40% increase in sales during 2018, citing numerous positive economic indicators, high consumer confidence and “President Donald Trump’s changes to the tax code that allowed for the entire purchase price of a yacht to be deducted when used for business purposes”, the ...
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NewsDanish sail-maker reports “significant increase” in turnover and profitability
Danish sail-maker Elvstrøm Sails has reported a significant increase in both turnover and profitability during the 2017/18 financial year. According to a company statement, earnings before tax more than tripled to DKK 9.1m against last year’s DKK 2.8m.
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NewsLiqui Moly reports record 2018
Liqui Moly, the German oil and additives specialist, has reported record turnover of €544m during its first year as part of the Würth Group – a modest increase of just 2% over the previous year. Trade disputes, a weak Russian ruble and low crude oil prices are mostly to blame ...
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NewsJohnson Outdoors reports strong 2018 results
Marine equipment manufacturer Johnson Outdoors reported all-time high revenue and earnings for fiscal year 2018, marking back-to-back fiscal years of record growth.
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Fairline reports 144% rise in turnover in 2017
The UK’s Fairline Yachts continued down the path to recovery in 2017, the company’s 50th anniversary year, with turnover up by 144% to £24.1m.
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NewsBRP reports record Q3 revenues, net income
Quebec-based BRP reported revenues of C$1,394.2m and net income of C$90.2m for its third quarter of 2018, marking continued strong growth for the manufacturer of Sea-Doo personal watercraft and Evinrude outboard engines.
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Carmanah reports mixed Q3 results
LED signals manufacturer Carmanah Technologies Corp reported mixed results for its third quarter of 2018, with a slight revenue decline offset by higher gross profits.
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NewsMasterCraft reports strong Q1 sales
MasterCraft Boat Holdings reported first-quarter net sales were up 44% to US$93.6m from the prior year. Gross profits increased nearly 28% and net income was up just over 20%.
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MarineMax posts strong Q4, fiscal 2018
MarineMax reported a 23% increase in fourth-quarter revenues to US$309m over the same period last year, and fiscal 2018 revenue up 12% to nearly US$1.2bn.
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NewsGroupe Beneteau registers strong growth as multihull and outboard sectors shine
Boat business beats forecasts to register 9% growth
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GYG has successful first year as AIM-listed company
In its first year listed on London’s AIM stock market, the Global Yachting Group (GYG) has reported strong financial results to December 31, 2017, including a 14.7% rise in group revenues to reach £62.6m compared with £54.6m in 2016.
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Osculati reports 7% rise in turnover
Osculati has reported strong sales for the year ended August 2018, with positive performance across all markets and product categories.
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Yamaha sees modest first-half growth
Net sales for the marine business were up 5% from the same period last year
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Twin Disc reports double-digit Q4 gains
Profitability increased as a result of global manufacturing investment and a favourable sales mix
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Brunswick remains bullish about 2018 results
World’s largest boatbuilder reports 2Q /1st half results
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Sale of Bavaria Yachtbau delayed
MD Tobias Brinkmann says company hopes to restart under new ownership by September
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Beneteau reports robust growth in boat sales
Strong boat orders from Europe and fleet demand drove 7% revenue growth for the French builder’s first nine months (at constant exchange rates)
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Camper & Nicholsons Marinas looks to return to profit in 2018
Two delayed projects impacted on 2017 results
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