Company Financials – Page 55
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Annual Volvo report reveals record Volvo Penta figures
The marine business segment noted sales of SEK 10.5 billion and an operating income of SEK 1 billion
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Marine business latest stock price review
In the share price review this week Jeffrey Kinsey becomes VP of strategy and corporate development at Brunswick; and Cummins declares a two-for-one split of its stock
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Voller Energy releases interim results
The UK's Voller Energy Group is on track for the commercialisation of its fuel cell systems by the end of 2007
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Gurit exceeds sales target for 2006
The Swiss composites specialist says that year-end sales grew by 26.6 per cent over the previous year to CHF 381.3 million
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West Marine narrows net loss for Q4
The company said that it expects a profit for fiscal 2007
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Raymarine releases strong year-end results
Total revenue for the year ended December 31, 2006 grew by 12 per cent over the previous year to 136.5 million
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Brunswick retools website
The website is a "fresh approach" to telling Brunswick's corporate story and showcasing its brands, says Chairman McCoy
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Marine business latest stock price review
In the share price review this week, Brunswick sells its BNT division to Navico and redefines its dealer-manufacturer relationships; Caterpillar ponders new ownership structure for Shin Caterpillar Mitsubishi; Fountain and Yamaha report year-end business results; and ICP Solar Technologies expands partnership with West Marine
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Waterfront development helping fuel boat demand in Qatar
New marinas and moorings helping to boost marine business in Qatar claims Dubai Boat Show organisers
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Fountain sees sales and profits decline in second quarter
The company expects to end its fiscal year with about US$66 million in sales compared to US$79.2 million last year
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MAN breaks fiscal end of year record
The Group has announced an operating profit of 1.105 billion
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Marine business latest stock price review
In this week's review Caterpillar is facing a class-action lawsuit; Camper & Nicholsons float on London's AIM stockmarket; and Cummins, ITT and Volvo release strong end of year results
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Marine business latest stock price review
In a busy week, Brunswick shares rise despite a 2 per cent decline in sales; Caterpillar celebrates record results again; Deuxmil Marine shares continue to drop; Johnson Outdoors faces a 1 per cent decline in sales; MarineMax records big sales but faces a big net loss; MPC announces a 20 ...
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Brunswick shares lift on news of quarterly loss
As Dusty McCoy tells investors that 2007 will be the worst year for marine industry since 2000, its stock soars nearly 10 per cent
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Brunswick sales drop two per cent for Q4
The company also posted a net loss of US$53.2 million. McCoy: "We will be reducing production through at least the first half of 2007"
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Twin Disc posts record fiscal Q2 results
The company's net earnings rose 127.8 per cent for the quarter and sales were up 30 per cent
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Virginia governor proposes boat user taxes return to state boating agency
Timothy Kaine's budget would return US$400,000 to the Virginia Department of Game and Inland Fisheries this year, and US$1-2 million next year
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Mastervolt's Strategy for Growth reaps record net sales
Sales reached almost 40 million for 2006, representing an increase of 25 per cent on 2005
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Analysts lower estimates on industry weakness
Financial analysts have lowered their earnings estimates for Brunswick, MPC and MarineMax, after MarineMax reported a lower earnings guidance for 2007
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UK leisure marine industry on upward swing
According to the British Marine Federation, UK companies generated sales of around 2.8 billion during the 2005/6 financial year