Company Financials – Page 59
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Lowrance reports record first quarter sales, net loss
The electronics manufacturer reported a 35 per cent jump in sales for its first fiscal quarter. Its net loss increased to US$2.8 million compared to US$1.7 million a year ago
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RingProp reports 1.9 million losses for full year
But the company says it has seen "significant positive changes" with a broad sales and marketing initiative
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Deutz releases nine-month sales figures
The German engine builder has announced that sales for the nine months ended September 30, 2005, grew by 9 per cent over the same time last year to Euro 936 million
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Brunswick on track for record earnings in 2005
Sales up 13 per cent in third quarter despite slump in US consumer confidence and high fuel prices
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MarineMax reports record 2005, but lowers guidance for fiscal 2006
Sales increased 24 per cent for fiscal 2005, and profits were up 29 per cent for the year, but the national boat retailer lowered its guidance for 2006 because of hurricane-related damage to stores and sales
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Twin Disc sees gains in sales, profits
Sales rose 9 per cent for its first fiscal quarter, but profits soared by 130 per cent
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Irwin Jacobs: Genmar boat company order backlogs "largest in history"
Latest quarter sales up 20 per cent, according to Genmar chairman
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Fountain sales, profits up for fiscal year
The powerboat manufacturer reported a 20 per cent increase in sales, and approximately US$147,000 profit for its fiscal year
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Brunswick officials to speak at financial conferences
Brunswick top executives to meet with financial analysts on Sept. 27 to explain long-term strategy
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US boat manufacturer stocks drop on Monday
Some have rebounded slightly, but others continue to fall. Financial analysts have mixed reviews of Brunswick's lower earnings guidance announced yesterday
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BRP reports drop in sales, net loss for second quarter
The boat and engine manufacturer said the losses were due to lower numbers of units sold and unfavourable exchange rate fluctuations
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West Marine lowers annual guidance
The US boating supplies retailer said that hurricane damage, reduced boating activity and higher shipping costs will reduce its 2005 annual earnings guidance
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The UK's Ely Marina is offered for sale
UK property consultants Strutt & Parker has announced that the 235-berth marina on the River Great Ouse near Ely, Cambridgeshire, is currently up for sale
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Sunseeker International sees increased sales
The UK boatbuilder claims that its annual sales for the year ended July 2005 grew by 15 per cent over the same time last year to approximately 172 million
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Rodriguez reports nine-month sales figures
The French luxury yacht builder has announced that its sales for the nine months ended June 30, 2005, grew by 28.3 per cent over the same time last year to Euro 286.7 million
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Twin Disc reports record sales for '05
The manufacturer of propellers and marine transmissions reported strong activity in all market segments, and said its net income was highest since fiscal '98
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Buckley stays bullish on boating market
The Brunswick chairman sees no downturn for the next two years, and outlines plans for expansion in Europe as well as a new boat factory in China
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Navimo names new management team
The Navimo Group in France has undergone a management restructure following the company's acquisition by investors Duke Street Capital in July last year
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BRP reports five per cent decrease in sales
The company said that the strengthening of the Canadian against the US dollar contributed to the decline
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Recreation USA investor buys back Bank of America debt
Stephen Adams, Recreation USA's major investor, acquires US$7.8 million worth of debt owed to Bank of America