Company Financials – Page 32
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NewsHanse reports record backlog
German boatbuilder Hanse Yachts AG – parent company of the Hanse, Dehler, Moody, Fjord, Sealine and Privilège sail and motorboat brands – said its order backlog is the highest its been in the company’s history
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NewsOXE Marine reports subdued Q4 sales as expected, posts full-year gross profit for first time
Swedish engine manufacturer posts year-end and Q4 results
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NewsGarmin reports record Q4, 2020 FY on robust marine segment sales
Marine sector up 48% for the quarter, 29% for full fiscal year
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NewsAkzoNobel reports profitable 2020 despite Covid-weakened demand
Dutch paint and coatings specialist is now a leaner, financially sharper organisation
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NewsYamaha posts year-end results
Yamaha Motor Co releases latest year-end results, announces factory consolidation
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USAPatrick Industries reports 41% Q4, 6% full year sales gains
Acquisitions of Geremarie and Taco Metals in fourth quarter strengthen firm’s presence in leisure marine sector
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NewsRecord Q2 for MasterCraft
Net sales up 19% YOY, gross profit up 38.5% on strength of continuing high demand
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NewsRecord sales drive “historic” Q4, 2020 FY for Lippert
US components manufacturer reports $2.8bn in net sales, $158.4m in net income for 2020 fiscal year
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NewsMalibu Boats reports strong FQ2 results, building at historic levels
Several new models are selling ahead of initial expectations
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NewsGrand Banks logs revenue and profit gains
Despite Covid-related challenges, luxury motoryacht builder Grand Banks Yachts closed out the first half of its fiscal year ending 31 December with increases in revenue, profit and new orders.
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NewsSuzuki sees sales growth in US and Asia
High power outboard sales in North America help drive growth
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NewsJohnson Outdoors Q1 operating profit up 245%
US equipment manufacturer marks significant YOY gains in fishing equipment and watercraft sales following “unprecedented” quarter
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NewsDometic continues shift towards aftermarket; stock trading at record high
In 2020, Swedish equipment maker Dometic extended its reach in consumer channels and expanded to new markets focused on the outdoors; a new acquisition kick-starts 2021… with more M&A to come
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NewsXylem Q4, full-year results exceed expectations on strong year-end growth
Rule, FlowJet and Jabsco parent reports Q4 and FY revenues of $1.37bn and $4.88bn respectively
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NewsVolvo Penta saw rebound in Q4 sales & larger yacht sector
Volvo Group’s marine engine business reported an 11% drop in net sales for 2020, but saw a recovery in the leisure marine market take hold in Q3 and carry into Q4
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NewsTwin Disc fiscal second quarter down 18%
More production will shift to the company’s new Lufkin, Texas facility
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NewsCaterpillar reports tough Q4, full-year 2020 results
Lower end-user demand and reduced dealer inventories responsible for sales drop
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NewsBrunswick sees strong growth and M&A activity for 2021
Questions about capacity, volumes, earnings, acquisition opportunities and channel expansions were answered in today’s call with analysts; boat production expected to hit 40,000 units by 2022
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NewsMarineMax tops expectations
US boat retail giant, MarineMax, posted both top-line and bottom-line gains which bested analysts expectations and yielded a record first quarter
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