Company Financials – Page 50
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Volvo Penta reports Q4 drop in sales
Sales of engines to the leisure marine market fell by 32 per cent to SEK 1,412m in the fourth quarter of 2008
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Yamaha reports 18 per cent drop in marine sales
The company is also forecasting its first net loss in 26 years for 2009
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Brunswick sees 50 per cent decline in marine sales in Q4
Boat and engine sales were off by 25 and 17 per cent, respectively, for 2008
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Twin Disc reports slight drop in sales
The company expects revenues from megayachts and pleasure craft to be off for the rest of the year
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Brunswick amends credit revolving facility
The new facility should address concerns about Brunswick's liquidity going forward
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Marine business latest stock price review
In this week's share price review, Johnson Outdoors appoints Swedish distributor, Raymarine issues trading update and Rodriguez reports a 34 per cent drop in annual sales
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Investor holds positive outlook for industry growth
Speaking Tuesday morning to attendees at the 2008 METS ICOMIA Breakfast Briefing, Hugo Maurstad of Altor Equity Partners expressed optimism about the mid- to long-term outlook for the leisure marine industry
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Rodriguez Group reports 34 per cent decline in annual sales
The French builder has decided to "significantly" cut back production because of global economic circumstances
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RBC: Brunswick's estimates reduced, but still comfortable with liquidity
One financial analyst remains cautiously optimistic about Brunswick, though he expects "heavy losses" in 2009
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Brunswick appoints Bruce J. Byots vice president of corporate and investor relations
Byots succeeds Kathryn J. Chieger, who has retired from Brunswick
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Brunswick shares drop to 25-year low
The stock fell to its lowest point since 1983 after Moody's Investor Services cut its debt ratings
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Analysts lower earnings forecasts for Brunswick
RBC Capital Markets and BMO Capital Markets also lowered their price targets for Brunswick stock after last week's meltdown in the financial markets
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Gurit wins Zoltek court battle
The US Court of Appeals has confirmed Gurit's victory in the Zoltek supply agreement case, confirming damages of US$21 million
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Marine business latest stock price review
In this week's share price review, Raymarine releases strong first-half results
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Raymarine releases strong first-half results
Growth is attributed to strong sales in emerging markets particularly in Eastern Europe, the Middle East and Africa
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Rodriguez Group reports 16.8 per cent dip in sales
Its current order backlog is up 6 per cent
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Brunswick reports lower sales, net loss
The Q2 loss came as a result of US$83.1 million restructuring charges
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West Marine reports lower sales, profits
The US accessories retailer also lowered its earnings guidance for 2008, citing a continuing soft market
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