Company Financials – Page 4
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KVH sees lower revenues but bottom line gains in dynamic Q3
US satcom firm continues to manage toward sustained profitability despite reduced revenues from soft end markets
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Tough Q3 for Myers Industries
Goodwill impairment charges leave US plastics firm with US$10.9m quarterly loss
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Cummins reports flat Q3 results
US engine builder notes higher international sales overall and in its engines segment
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Twin Disc has positive Q1 led by marine, Katsa Oy acquisition
Strong start to fiscal 2025 for US-based marine transmission specialist
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Beneteau reports 39% drop in Q3 boat revenues
Macroeconomic uncertainty and the still limited visibility regarding the current season continue to weigh on the group’s results
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Yamaha FQ3 revenue up, income flat, marine sales down
The Japanese provider of power products has revised its operating income forecast for fiscal 2024 downwards
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MasterCraft 2025 Q1 revenues down 30%
Improving inventory pipeline, enthusiasm for new product and a cash injection from the divesture of its Aviara business leaves US boatbuilder confident as 2025 boat show season approaches
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Patrick Q3 revenues up 6% despite marine segment declines
Marine revenues drop 21% YoY as OEM shipments slow in soft boat market
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Marine Products reports lower Q3 sales, income
US boatbuilder combats “soft consumer demand and tepid dealer order flow”
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MarineMax sales down amid hurricane-related fallout
Q4 and full-year earnings for fiscal 2024 were negatively impacted by Helene and Milton
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Malibu FQ1 results down across the board, but better than expected
CEO tells anaylsts that market share gains are being seen across all brands
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Garmin reports fifth consecutive quarter of double-digit growth
Marine revenue was up 22% in the third quarter of 2024
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Grand Banks reports strong Q1 with 95% rise in net profit
Reduced costs and the resale of a cancelled yacht contract contributed to the rise
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AkzoNobel’s Q3 shows weaknesses, except in marine and protective coatings
Dutch paint and coatings giant reports mixed financial quarter
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Lower revenues, better margins for Volvo Group in Q3
Volvo Penta revenues down 2% as segment generates higher operating income and enterprise-leading margins
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Tough 2023 for Fairline Yachts but brighter prospects for 2024/25
UK builder says trading was impacted by supply chain problems and war in Ukraine
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Cox Powertrain reports challenging 2023
The UK diesel outboard builder is strengthening its products, supply chain and routes to market
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Sunseeker London sees increased turnover but profits reduced
UK broker says turbulent operating environment in 2023 has strengthened its commitment to long-term objectives
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Beneteau confirms H1 2024 financials, revises operating margins upwards
French builder says operating margins are now expected to reach 4% to 6%