Company Financials – Page 31
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NewsVolvo Penta sees strong orders in Q1
Strong profitability and market demand highlighted Swedish engine maker Volvo Penta’s first quarter in 2021, along with continued supply chain disruption
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NewsFerretti reports record-breaking quarter
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NewsSanlorenzo shareholders approve €10million dividend
The Ordinary Shareholders’ Meeting of Sanlorenzo SpA was held today under the chairmanship of Massimo Perotti, approving the company’s financial statements for fiscal year 2020 as well as distribution of of a dividend of €0.30 per share, gross of withholding tax, for a total amount of €10.3 million. Perotti, Chairman ...
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NewsAkzoNobel posts strong Q1 2021
The paint and coatings specialist is the market leader in Marine and Yacht Coatings, providing further detail on performance of the sector in the latest results
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NewsOyster Yachts returns to profit; turnaround plan underpins future growth
Yacht production turnover to double by 2022 supported by strong sales and demand
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NewsComponent supplier Patrick Industries to refinance debt
American equipment and component supplier Patrick Industries has announced a private offering of $350 million of senior debt notes; investor presentation details the company’s key performance indicators for the marine sector
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NewsMarina group SUTL reports fall in 2019 revenue and profit
ONE°15 marina brand has projects in Thailand, China, Indonesia and Malaysia underway
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NewsBRP’s final quarter ends on a surge, CEO references increased PWC output in Mexico
Powersports and propulsion specialist BRP highlighted a strong end to the financial year and outlined what it called “ambitious plans” for the marine sector today during a webcast with analysts.
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NewsMarine share prices lose ground
IBI’s stock ticker for marine companies was decidedly in the red yesterday, after share prices for most publicly-trade boating companies saw strong downward movement on Tuesday, in step with a general downturn in major indices for the day. At one point, MarineMax shares were down 9.9%, Malibu’s ...
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NewsChris-Craft sees continued retail growth
US outdoor product manufacturer and parent company to Chris-Craft boats, Winnebago Industries, reported record Q2 revenues and profitability amidst continued growth prospects for the outdoor recreation sector
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NewsAquavista Marinas reports £3.5m loss in first full fiscal year
UK company drew down £2m to cope with Covid but trading is resilient
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NewsFairline Yachts puts finances in place to cope with challenging times
British motorboat builder secures £26m-plus in finance facilities to address Brexit and pandemic uncertainties; the company suffered significant loses in fiscal 2019
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NewsSanlorenzo confirms 2020 results and profitability
Italian yacht builder Sanlorenzo approved draft financial statements for 2020, revealing strong profit gains on stable revenues and a growing backlog
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NewsGroupe Beneteau announces positive forecasts for 2021
Good growth expected in motorboat sales; expects charter business to rebound in 2022
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NewsSwedish builder reports first set of financial results since IPO
Nimbus CEO Jan-Erik Lindström Following its successful IPO last month, Sweden’s Nimbus Group held a positive press conference today as company shares continue to trade above SEK 60 after their introduction to the market at SEK 52. Nimbus CEO Jan-Erik Lindström and CFO Rasmus Alvemyr presented the ...
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NewsMyers Industries releases solid Q4 and 2020 full-year results
Scepter, Ameri-Kart parent posts 18% jump in Q4 revenues, 51% jump in full-year net income
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NewsUK marina group sees big rise in turnover and losses during fiscal 2019-20
Boatfolk Marina Group operates a portfolio of 11 marinas in England, Wales, Scotland and Northern Ireland
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USAKVH Q4 revenues up 4%, full year up 1%
Gains in product sales provide optimism in spite of continuing pandemic challenges
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NewsBeneteau reports better than forecast year-end; cyber-attack update
The Beneteau Group has released a preliminary report on revenues indicating a boost in outboard boat demand which helped offset a collapse in fleet sales.
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NewsSanlorenzo exceeds 2020 outlook
Italian yachtbuilder Sanlorenzo released preliminary results for the financial year ending December 31 2020, showing a slight gain in net revenues for new yachts and improved profitability
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