Company Financials – Page 5
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NewsDP World reports “resilient” first half despite challenging conditions
The P&O Marinas parent grew revenues in the first six months of 2024, but Red Sea crisis and higher financing costs impact earnings
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NewsTwin Disc ends fiscal 2024 on a high
US firm reports strong performance in its Marine and Propulsion Systems segment
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NewsTwin Vee Q2 revenues down 47%
US boatbuilder posts $4.5m quarterly loss as it re-absorbs shuttered Forza X1 electric boat business
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NewsSUTL Enterprise reports small profit drop for 1H 2024
But revenues were up 5% on the sale of tickets and exhibition space at the 2024 Singapore Yachting Festival
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NewsLippert posts 4% Q2 revenue gain
Continued softness in recreational marine segment offset by higher OEM and RV sales in recovering RV segment
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NewsYamaha predicts headwinds in marine
Excellent first-half results mainly due to motorcycle business; marine expected to decline
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NewsCaterpillar Q2 revenues down, adjusted profits up
Single-digit revenue decrease offset by record adjusted operating profit for US engine builder
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NewsJohnson Outdoors Q3 revenues down 8%
US electronics, watercraft builder to “evaluate all aspects of the business” in face of continuing losses
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NewsDamen Shipyards reports record 2023
Dutch builder’s revenues pass the €3bn mark for the first time
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NewsKVH Q2 revenues dip by 15%
Quarterly result includes $1.2m in employee termination costs related to wind-down of satcom terminal manufacturing business
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NewsRolls-Royce Power Systems reports strong first-half
Positive business figures the result of new strategy presented in autumn 2023
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NewsMixed Q2 for Myers Industries
US fuel tank builder posts revenue gains but lowers full-year guidance on continued softness in recreational end markets, including marine
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NewsCummins posts record Q2 revenues of $8.8bn
US engine builder reports record sales and higher profitability in strong second quarter, leading it to raise full-year guidance
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NewsGarmin Q2 revenues up 14% to record $1.51bn
Electronics giant marks fourth consecutive quarter of double-digit growth, with marine segment revenues up 26%
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NewsTough FQ3 for OneWater, guidance adjusted downward
CEO blames progressively weaker market environment for fiscal decline
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NewsHubbell Q2 revenues climb 6%
Electrical Solutions segment, including Hubbell’s leisure marine business, down 2% despite margin expansion and operating profit gains
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NewsXylem Q2 revenues up 26%
Rule, Jabsco and Flojet parent raises full-year guidance on strong earnings despite softer performance in leisure marine segment
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NewsAkzoNobel reports third consecutive quarter of growth
Dutch paint and coatings giant releases Q2 financials
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NewsMarineMax revenue up, profits down for FQ3
US boat and yacht retailer maintains guidance for 2024
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