Company Financials – Page 60
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Recreation USA amends loan agreement
US boat retailer Recreation USA signs new agreement with Bank of America after loan expires
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Sealine reports profits for 2002
Sealine reports profit after tax of 2.7 million for the nine months ending December 31, 2001
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Recreation USA restructures to regain NASDAQ listing
Major investor provides company with US$2.5 to US$3.5 million lifeline
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Brunswick sees third quarter earnings double
Brunswick engine segment sees sales rise by 12 per cent in third quarter
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MarineMax reports 33 per cent growth in fourth quarter earnings
US boat retailer records sales of US$135.7 million for fourth quarter ending September 30, 2002
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Continued sales increases for Volvo Penta
VP sees marine sales rise by eight per cent to SKr 3.7 billion for the first nine months of 2002
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Fountain posts large sales gains
Motorboat builder Fountain breaks run of quarterly losses with a 45 per cent sales gain
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West Marine reports 27 per cent increase in net income
West Marine reports a US$6.9 million increase in net income on sales of US$150.7 million for the third quarter
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KVH third quarter results breaks string of quarterly losses
Satellite navigation company KVH Industries reports net income of US$0.15 million on revenues of US$12.4 million
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Ferretti turnover up 38 per cent
Italian boatbuilder Ferretti reports revenues of Euro 333.19 million for the fiscal year from September 1 to August 31
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Record sales for Sunseeker
Sales up by 10 million for UK boatbuilder with operating profit hitting 7.1m, the second highest in the company's history
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Fountain reports US$7 million loss
Fountain Powerboats blames lower sales and lower-margins for US$7 million loss
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Customer satisfaction ratings discussed at BoatBuilding
BoatBuilding 2002 reacts to customer satisfaction surveys
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Princess profits hit by US slowdown
UK boatbuilder Princess recorded profits after tax of 6.85 million for twelve months ending December 31, 2001, compared to 8 million in 2000
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Bombardier misses earnings target
Bombardier says it will miss its full-year earnings target because of a slowdown in the aircraft industry
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US boatbuilders rank highly in customer satifaction stakes
Boat manufacturers averaged overall satisfaction ratings in Initial Surveys of 92.1 per cent for boats and 91.9 per cent for engines
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Orbital predicts bright future despite losses
Orbital, which supplies two-stroke direct injection technology to Mercury Marine and Sea-Doo, records US$26.8 million loss
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Profits up at Johnson Pump
Johnson Pump reports eight per cent improvement in operating profit for January-June 2002
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Record revenues for Viamare
Low valued Swedish Krona helps boost exports for Nimbus, Storebro and Maxi