Company Financials – Page 56
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MarineMax chief sees "increased softness" in US marine industry
The national boat retailer today lowered its earnings guidance for 2006, and expects to post a loss in first-quarter profits
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West Marine Q4 sales down while same-store sales remain flat
West Marine cut 35 "underperforming" stores during the last two quarters for long-term growth. Net sales for 2006 rose by 3.3 per cent
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Business opportunities
IBI reveals details of three new business opportunities in Guam, Turkey and Argentina
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Business opportunities
IBI reveals details of two new business opportunities in Guam and Turkey
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Marine business latest stock price review
In the share price review this week, Bnteau and Zodiac release year-end results, Zodiac shares dip to a 52-week low and Johnson Outdoors posts its Q4 figures
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Deutz releases promising Q3 results
The German marine engine manufacturer saw new orders climb by 19 per cent during the first nine months of the year to 1,235.7 million
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Fountain Q1 sales rise slightly, but posts net loss
The company said setting up an international dealer network, sales incentives to dealers and a new lean manufacturing system added to the lower bottom line
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Camper & Nicholsons launches 200 million marina fund
The Camper & Nicholsons Marina Investment fund will invest in Mediterranean and American marinas
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Cummins enjoys historic Q3 results
The company reported a record-breaking 18 per cent increase in net earnings on a 14 per cent increase in sales, compared to the same period in 2005
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MarineMax reports record sales and profits for Q4
Despite strong sales and growth for the fourth quarter and fiscal year, the company lowered its guidance for 2007
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Brunswick reports decline in sales, earnings
The company says that it expects further production cuts in boats and engines through June
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Bronstein backs Costa Rica marina project
Marina Pez Vela has been specifically designed to meet the needs of the international sport fishing and yachting community
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Australia's GIC SI sells Riviera stake
GIC Special Investments sells its stake in the company to Australian independent private equity manager Ironbridge Capital
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Sealegs forecasts 25 per cent gain in revenues
It says a "wave of orders" for boats should create turnover of NZ$5 million
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Clyde Marine announces full-year results
The UK holding company for Lewmar and Navtec made a final goodwill amortisation of 8.7 million for the 12 months ended June 30, 2006, resulting in a net loss for the year
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Marine business latest stock price review
In this week's review, Fountain Powerboats posts 11 per cent sales increase, Yamaha Motor Co. announces business segment divestiture as well as separate merger, and a new addition to the review, Deuxmil Marine, is traded at 10 pence on the LSE
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Fountain Powerboats reports 11 per cent increase in sales for fiscal 2006
Its net income rose 218 per cent for the year, though much of it came from a deferred tax benefit
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Analyst reduces estimates for Brunswick stock for 2007
RBC Capital Markets expects low levels of production in 2007 due to lower dealer orders
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FT speculates on Volvo's future
In a pre-emptive strike against increasing shareholder pressure, Volvo has outlined ambitious acquisition plans
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Orbital profits and sales up for fiscal 2006
The company saw a return to profits during the year because of a strong second half