Company Financials – Page 25
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NewsGarmin reports sixth consecutive year of revenue growth
Electronics manufacturer Garmin Ltd. released its 2021 fourth quarter and full-year financial results on Wednesday, reporting record revenues for both terms.
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NewsNew OXE Marine CEO meets industry at Miami
OXE Marine was on hand at the Miami boat show during an eventful week in which it confirmed a new CEO, completed a deal with US-based Diesel Outboards and released 2021 financials.
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NewsDometic: “We’re walking the talk”
President and CEO of Sweden’s Dometic Group, Juan Vargues, will be in Miami this week to reiterate why Marine remains a key part of the equipment manufacturer’s portfolio even as it propels the business forward on a massive strategic transformation first communicated to the market in 2019
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NewsFairline set on positive course as losses slashed
Strategic report highlights key goals for 2022
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NewsPatrick Industries drives record Q4 and full-year 2021
The 10 companies acquired in 2021 made a significant contribution to revenues
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NewsAkzoNobel: weak end to year of high costs, disrupted supplies and lockdowns
But Dutch paints and coatings giant issues upbeat outlook for the years ahead
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NewsMalibu building boats at historic levels
With a growing portfolio of brands – including Malibu, Axis, Cobalt, Pursuit, Maverick and most recently a surprise equipment acquisition – the Malibu Boats group has again posted robust quarterly results amidst what it termed ‘scorching’ retail demand
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NewsRecord year for Cummins despite flat Q4
Record full year revenues top US$24bn; sales grow 17% in North America, 27% internationally
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NewsSupply chain woes bite into Johnson Outdoors Q1 results
Shortages, delays lead to 7% overall revenue decline and 45% drop in net income for US electronics, accessories and watercraft builder
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NewsXylem Q4 revenues top US$1.3bn
Rule, Jabsco, Flojet parent reports full-year revenues of $5.2bn for 7% YOY gain
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NewsSanlorenzo presents message of financial strength and consistent growth
Perotti buys 50m superyacht to support brand’s sustainability commitment
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NewsQ4 sales up 20% for Hubbell
US shore power and electrical equipment manufacturer posts 14% full year revenue gain, calls for 2022 sale growth of 10%
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NewsOneWater reports double-digit increase in Q1 sales
US retailer raises its full-year guidance for fiscal 2022
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NewsMasterCraft reports fifth consecutive record quarter
Net sales up 34%, net income up 23% for US boatbuilder in “extraordinary” second quarter results
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NewsTwin Disc sees marked improvement in Q2, marine market cited as contributor
But supply chain issuescontinue to limit sales growth
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NewsTeledyne: “Raymarine had a great year”
In his Q&A with analysts following the company’s results webcast, Teledyne’s CEO made several specific comments on Raymarine’s performance, including a response to analysts’ speculation about divestitures
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NewsVolvo increases deliveries amidst a turbulent year
Volvo Group’s marine engine business reported a 21% boost in net sales for 2021, which carried through the fourth quarter with strong demand in the leisure marine market
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NewsCaterpillar Q4 revenues up 23%
Full-year net profit jumps 116% on continued high demand in all segments for US engine builder
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NewsBrunswick aiming for $10bn in revenues; profits up 59%
Closing out 2021 with another record year of growth, US-based Brunswick Corporation projects up to $7bn in total sales for 2022 and $10bn by 2025, with gains coming across all segments of the business in both domestic and international markets; continued M&A activity on the horizon
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NewsMarineMax reports record revenue growth, gross margin and EPS for F22 Q1
US boat retailer increases full-year guidance; reports robust consumer demand
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