Company Financials – Page 58
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Johnson Outdoors posts higher sales, lower profits for Q2
The electronics and boat manufacturer reported an increase in sales of one per cent for the quarter
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Deutz releases 2005 financial results
The company announced strong year-end results for 2005 after it exceeded targets, raised operating profit by 17 per cent, and reduced its debt
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Brunswick's Q1 sales increase by five per cent, but profits decline
The company reported higher sales in its marine engine and boat group divisions, but a decline in production at its boatbuilding facilities and a shift in product mix in outboards led to lower operating earnings. It expects cuts in "select products" to continue into the second quarter
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BRP reports lift in Q4 sales
The company also reported a lift in profits, and said that its rationalisation programmes are taking hold. But its Marine Engines division continues to lose money
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Analyst on Brunswick: Near-term caution, long-term opportunity
Edward Aaron of RBC Capital issued a report today, anticipating tomorrow's earnings release, saying that Brunswick may lower its '06 earnings guidance, but that the stock is undervalued
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Saltwater recognised as Investor in People
The UK-based marine consultancy firm is recognised as an Investor in People following a March assessment
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Xtreme Companies reports year-end sales
The boatbuilder reported record revenues for 2004, but also net losses for its fourth quarter and full-year results
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Clyde Marine announces 'disappointing' interim results
Chairman R.M. Swire said in a statement that the outcome was due to difficult market conditions exacerbated by significant management changes
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Software costs bring West's '05 results lower
The company restated its earnings due to cancellation of a software development programme. West posted a net loss of US$2.2 million for the year
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DaimlerChrysler's Off-Highway Business Unit sold to EQT
Swedish investor becomes legal owner after change of ownership was made public in December 2005
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Sealine pleased with annual results despite drop in sales
Consolidated turnover for 2004 was 58.84 million, down on sales of 61.64 million in 2003
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Orbital reports AUS$1.4 million net loss for first half of fiscal '06
But the company said it should return to profitability during the second half of the year
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Brunswick shares tumble 13 per cent on softer marine outlook for '06
Despite announcing record sales and profits for '05, the stock dropped to a new 52-week low. Research analysts have different reactions to the lower earnings guidance
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Caterpillar posts record earnings and sales
The engine builder saw "unprecedented customer demand" last year
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Johnson Outdoors sees drop in sales, profits
The electronics and kayak manufacturer said military tent sales lowered overall sales, but marine products were up
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Brunswick reports increase in earnings and sales for Q4, record year in '05
But the company said that it does not expect '06 marine sales to be "anything but flat with 2005", predicting growth in low- to mid-single digits
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MarineMax sees drop in Q1 income and sales
Same-store sales dropped 3.6 per cent due to the "lingering impact" of Hurricane Wilma
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Twin Disc reports 4 per cent gain on Q2 sales
But profits soared 124 per cent. The company says it is seeking acquisitions to "expand internal business"
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Seawide announces strong first quarter
Seawide Marine Distribution in the US has announced that its first-quarter sales for the 2006 fiscal year grew by 58 per cent compared to the same time last year
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Sabre wins MSCC Investor Award
Sailboat manufacturer Sabre Yachts has been awarded the "Investor Award" by Maine State Chamber of Commerce (MSCC) at its annual meeting
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