Company Financials – Page 10
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NewsYamaha outboard sales contribute to strong quarter
Yamaha Motor Corporation reported first quarter sales, including commentary on wholesale and inventory units and specific details on company performance in the Marine segment where it produces outboard engines, boats and personal watercraft for a global customer base.
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Nimbus boat group posts strong Q1
Sweden’s newest publicly-traded marine company, Nimbus boat group reported strong results for the builder’s first 2021 financial quarter, supported by a rebound in the European market
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MasterCraft Boat Group posts record Q3 sales
Net sales, gross profit, gross margin and net income all up significantly in record-setting third quarter for US boatbuilder
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Grand Banks business update; new shutdown
Malyasia-based yacht builder Grand Banks reported an increase in revenues and significant uplift in profitability for its third quarter ending 31 March; production suspended this week due to new Covid outbreak
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Johnson Outdoors Q2 sales up 26%
Net income for second quarter up 37% YOY on continuing high demand for fishing, watersports equipment
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Myers Q1 sales up 42%
Higher sales revenues offset by higher costs related to recent acquisitions, leading to 56% dip in YOY net income
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Sanlorenzo revenues up 20.5% in Q1
Italian luxury yacht builder, Sanlorenzo reported improved Q1 revenues and profitability, while issuing full-year guidance for double-digit growth along with details on new segments the builder will be entering in 2022; acquisitions are on the agenda as well
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KVH Q1 revenues up 16%
Second consecutive quarter of record VSAT shipments drive revenues in “quarter that beat expectations”
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Lippert Q1 sales top US$1.0bn
Revenues jump 52%, net income increases 163% in record first quarter results driven by strong contributions from marine and international business segments
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Malibu reports best quarter in company history
US builder delivers record-setting third quarter from a revenue and earnings perspective
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OXE Marine publishes latest figures reflecting challenges of the times
Turnover was down by just under 2% in the first quarter of 2021
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Twin Disc sees improved earnings amid tough market conditions
Sales for the fiscal 2021 third quarter decreased to US$57.6m
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Nimbus reports strong year-end results
Swedish builder reached net sales of just over SEK 1bn in 2020
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Patrick Q1 sales up 44%, net income up 124%
US component manufacturer posts robust Q1 numbers on strength of continued strong demand for boats, RVs
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Brunswick: “Fantastic start to 2021”
In a wave of positive first quarter financial results, it’s hard to find new superlatives to describe unprecedented boating industry growth: today US boating leader Brunswick reports nearly 50% increase in revenues and builds more than 9,400 boats in Q1
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OneWater Marine reports record Q2, 74% revenue hike
US boat retailer “firing on all cyclinders”
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Marine Products Corp reports strong Q1 results
Chaparral, Robalo and Vortex boats parent reports 106% YOY increase in operating profit, 92% gain in net income
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Polaris touts unprecedented Q1 demand
US based Polaris Inc. – producing outdoor on and off-road vehicles including snowmobiles, motorcycles and boats in the deck and pontoon segment – exceeded expectations in its first quarter despite substantial supply chain challenges.
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Garmin Q1 revenues up 25%
Double-digit growth with strong contribution from marine segment helps propel electronics manufacturer to another record quarter
