Company Financials – Page 51
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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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Volvo reports strong second quarter
The group's marine division, Volvo Penta, reported a 4.2 per cent increase in sales to SEK 3,351 million
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Broward County Marina slated for auction July 17
The family-owned New River Marina boatyard filed for bankruptcy protection in March 2007
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Hanse's profit down 40 per cent on last year
German yacht group HanseYachts has released its third quarter results, reporting earnings of 3.5 million compared to 5.9 million last year
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Marine business latest stock price review
Couach sees drop in profits, Raymarine and Nimbus join forces, Fountain completes Baja acquisition, Poncin is put under a 'safeguarding procedure' and Gander Mountain Company reports net loss.
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Couach reports drop in operating and net profits
The French yacht builder says that a delay in establishing megayacht production facilities explains the 65 per cent drop in net profits on last year
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Fountain Powerboats posts 14 per cent lower sales
Its net loss narrows for its third fiscal quarter
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MarineMax posts lower sales, net loss for second fiscal quarter
Same-store sales dropped by 28 per cent
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West Marine reports lower sales, higher net loss for Q1
The company remains "cautiously optimistic" for improved sales in second quarter
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Gurit reports rise in sales to marine customers
Swiss composites supplier Gurit has released its first quarter results
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Volvo reports strong sales increase for Q1
The Swedish transport group achieves the highest operating income to date for a single quarter
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Brunswick posts 3 per cent decline in sales for Q1
The company expects to cut production further into the next quarter
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Twin Disc reports slight decline in Q3 sales
But the transmission and propeller manufacturer posted higher profits
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Sunreef releases first-ever annual results
The Polish catamaran-builder says that its net income from production and services reached 19.6 million in 2007
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Marine business latest stock price review
In this week's share price review, MarineMax predicts a sales drop for its second quarter and investors in Brunswick and MarineMax are informed of lowered 2008 estimates
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Financial analyst bearish on top US builder and dealer network
RBC Capital lowers estimates on Brunswick and MarineMax
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MarineMax to report 28 per cent decline in same-store sales for Q2
MarineMax chairman: "The marine retail environment deteriorated further in March, resulting in an even more disappointing quarter"
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Goldman takes hit on Bavaria
Goldman Sachs has had to attract potential investors with the largest discount yet offered by an investment bank to offload loans linked to the highly leveraged Bavaria Yachtbau buyout
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West Marine receives delisting notice from NASDAQ
The stock exchange said that West Marine's common stock is subject to delisting because of the delayed filing of its annual report
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Glacier Bay secures US$18 million in funding
The electric engine manufacturer will use the equity funding for market penetration and R&D
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