Company Financials – Page 54

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NMBA Report: US loan volume down, but values up

2007-08-22T00:13:00Z

The US marine bankers association reports that the volume of marine loans originated in 2006 was down, but the average loan value rose

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Raymarine releases first-half results and acquires German distributor

2007-08-20T17:59:00Z

The company says that sales in the first six months of 2007 grew by just 0.4 per cent to 83.7 million on account of a weak retail market in the US

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Lost patent verdict impacts Brunswick's second-quarter earnings

2007-08-01T00:57:00Z

A US$3 million patent judgment against Mercury Marine has prompted Brunswick to restate Q2 earnings

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Brunswick reports 1 per cent decline in Q2 sales

2007-07-26T12:51:00Z

Profits for the quarter fell by 29 per cent

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Volvo Q2 results reflect softer markets in North America and Japan

2007-07-25T18:09:00Z

Although net sales for the quarter were up 5 per cent, income was down by six per cent to SEK 71.4 billion

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Brunswick's McCoy: 2007 will be "weakest year since 1965" for US boat retail sales

2007-07-23T04:06:00Z

"My view is that it's not going to pick up," McCoy predicts for 2008. He also says Brunswick will reduce its boat brands and manufacturing footprint

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Gurit forecasts strong year-end results

2007-07-12T08:30:00Z

The Swiss composites specialist says that full-year sales are expected to reach CHF 475 million

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West Marine lowers earnings guidance

2007-06-26T08:12:00Z

The mass retailer expects same-store sales to decrease between 1.5 and 2.5 per cent

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Marine business latest stock price review

2007-05-11T13:35:00Z

In this week's review, Cummins says it expects "dampened" sales growth for 2007; Volvo releases its Q1 results; and Yamaha Motor (UK) appoints a new marine dealer

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Marine business latest stock price review

2007-04-27T08:06:00Z

This week, most of the reviewed companies have released their earnings results, with corresponding share price leaps and dives in tow

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Groupe Bnteau revises forecasts upwards

2007-04-27T02:12:00Z

Strong growth in operating income over first half of year

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Brunswick reports lower sales and earnings

2007-04-26T12:42:00Z

Sales off 2 per cent for the first quarter, while net earnings from continuing operations are down 54 per cent. Brunswick has cut boat production levels by "high-single to low-teen digits" due to "widespread retail declines" in US market

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Marine business latest stock price review

2007-04-13T10:17:00Z

MarineMax sees its biggest share price drop since September 2005 after the company cuts its full-year earnings forecast for the second time in less than three months; Teleflex acquires a medical device business; Johnson Outdoors receives flood damages; and Volvo announces the creation of a wholly owned sales company in ...

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MarineMax slashes earnings 2007 forecast

2007-04-12T11:27:00Z

The US boat retailer has cut its '07 earnings estimate from US$1.40 to US$1.50 per share to US$0.45 to US$0.65 per share. It has also "reduced purchases" from boatbuilder suppliers for its third quarter, reflecting its "cautious outlook for the industry"

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Bnteau notes good growth in six-month figures

2007-03-30T01:58:00Z

The group says current order book levels for its boat business represent more than 90 per cent of sales expected for the entire year

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Blue Ocean Wireless launches GSM network

2007-03-29T17:54:00Z

Ireland's Blue Ocean Wireless has teamed up with Inmarsat to launch the world's first GSM network for merchant maritime vessels

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Volvo to complete purchase of Nissan Diesel

2007-03-26T19:11:00Z

Volvo has announced that it has raised its stake in Nissan Diesel to 96 per cent after its offer to acquire the Japanese truck manufacturer expired on Friday

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Marine business latest stock price review

2007-03-23T14:15:00Z

In this week's review, Brunswick creates three participation levels in its dealer advantage programme; Clyde Marine releases mixed results; and Teleflex appoints Kevin Gordon as the group's new executive VP and CFO

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MBO at V Holdings

2007-03-19T22:45:00Z

UK-based marine services provider V Holdings has teamed up with Exponent Private Equity in a buy-out of the company

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Operational changes at Gurit

2007-03-15T12:43:00Z

The Swiss composites specialist has sold its powder-impregnated thermoplastic tapes business to a group of investors