Company Financials – Page 44
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NewsMarineMax starts fiscal 2019 on an upswing
MarineMax reported revenue growth of 2% – or just over US$5m – for the fiscal 2019 first-quarter ended 31 December 2018.
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NewsPrincess keeps up pace of development and growth
The UK’s Princess Yachts announced strong preliminary results and performance figures at the start of boot Düsseldorf this year, highlighting the fact that 90% of 2019 and 40% of 2020 build slots are already sold.
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NewsUnited Yacht Sales reports 40% growth in 2018
Stuart, Florida-based United Yacht Sales has reported a 40% increase in sales during 2018, citing numerous positive economic indicators, high consumer confidence and “President Donald Trump’s changes to the tax code that allowed for the entire purchase price of a yacht to be deducted when used for business purposes”, the ...
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NewsDanish sail-maker reports “significant increase” in turnover and profitability
Danish sail-maker Elvstrøm Sails has reported a significant increase in both turnover and profitability during the 2017/18 financial year. According to a company statement, earnings before tax more than tripled to DKK 9.1m against last year’s DKK 2.8m.
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NewsLiqui Moly reports record 2018
Liqui Moly, the German oil and additives specialist, has reported record turnover of €544m during its first year as part of the Würth Group – a modest increase of just 2% over the previous year. Trade disputes, a weak Russian ruble and low crude oil prices are mostly to blame ...
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NewsJohnson Outdoors reports strong 2018 results
Marine equipment manufacturer Johnson Outdoors reported all-time high revenue and earnings for fiscal year 2018, marking back-to-back fiscal years of record growth.
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Fairline reports 144% rise in turnover in 2017
The UK’s Fairline Yachts continued down the path to recovery in 2017, the company’s 50th anniversary year, with turnover up by 144% to £24.1m.
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NewsBRP reports record Q3 revenues, net income
Quebec-based BRP reported revenues of C$1,394.2m and net income of C$90.2m for its third quarter of 2018, marking continued strong growth for the manufacturer of Sea-Doo personal watercraft and Evinrude outboard engines.
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Carmanah reports mixed Q3 results
LED signals manufacturer Carmanah Technologies Corp reported mixed results for its third quarter of 2018, with a slight revenue decline offset by higher gross profits.
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MarineMax posts strong Q4, fiscal 2018
MarineMax reported a 23% increase in fourth-quarter revenues to US$309m over the same period last year, and fiscal 2018 revenue up 12% to nearly US$1.2bn.
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NewsGroupe Beneteau registers strong growth as multihull and outboard sectors shine
Boat business beats forecasts to register 9% growth
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GYG has successful first year as AIM-listed company
In its first year listed on London’s AIM stock market, the Global Yachting Group (GYG) has reported strong financial results to December 31, 2017, including a 14.7% rise in group revenues to reach £62.6m compared with £54.6m in 2016.
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Osculati reports 7% rise in turnover
Osculati has reported strong sales for the year ended August 2018, with positive performance across all markets and product categories.
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Yamaha sees modest first-half growth
Net sales for the marine business were up 5% from the same period last year
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Twin Disc reports double-digit Q4 gains
Profitability increased as a result of global manufacturing investment and a favourable sales mix
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Brunswick remains bullish about 2018 results
World’s largest boatbuilder reports 2Q /1st half results
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Sale of Bavaria Yachtbau delayed
MD Tobias Brinkmann says company hopes to restart under new ownership by September
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Beneteau reports robust growth in boat sales
Strong boat orders from Europe and fleet demand drove 7% revenue growth for the French builder’s first nine months (at constant exchange rates)
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