Company Financials – Page 8
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NewsWinnebago reports record US$1bn Q4, $3.6bn FY revenues
Strong continuing demand for boats and RVs propels US builder to best-ever financial results
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Hanse bullish on outlook despite Covid impact on profits
With manufacturing operations in Germany, Poland and France, the German boatbuilder experienced significant Covid disruptions to its business, particularly in France and in Griefswald due to restrictions on the normal cross-border flow of employees between Germany and Poland.
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Covid hits 2020 financial results at Princess Yachts
In the context of accelerating sales, UK luxury motoryacht builder Princess Yachts reported a decline in both turnover and profitability for 2020 due to closures lasting between 6 and 8 weeks across its production sites
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Beneteau posts first-half growth in revenues & earnings
Despite a disruptive cyber attack and contraction in fleet sales, France’s Beneteau Group returned to growth in the first half of its financial year ending 30 June.
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BRP predicts US pontoon market will hit 100,000 units
A global leader in powersport vehicles, boats and propulsion systems, BRP finished the second quarter of its fiscal year ending 31 July surpassing market estimates for earnings & revenues. Discussing results with analysts, the manufacturer also provided volume expectations for its new ‘Switch’ pontoon range
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Record Q4, 2021 FY for MasterCraft
US boatbuilder posts record 2014% Q4 sales gain to conclude most profitable fiscal year in company history
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Grand Banks improves profits despite shutdowns
The luxury motorboat builder remains in a lockdown imposed by the Malaysian government on 1 June, but benefitted from strong demand
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Malibu boat group sees record Q4, fiscal 2021 year-end growth
US towboat builder saw sales gains across all market segments; company nears a major milestone in revenues
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Nimbus reports robust boat sales & orders for Q2
Sweden’s largest boatbuilder, the Nimbus Group, reported robust demand across the company’s traditional markets in Sweden, the Nordics and Europe, along with growing success in America. CEO Jan-Erik Lindström provided additional colour on the company’s progress in a call today with analysts.
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Twin Disc Q4 sales up 11%
Higher sales and profit gains highlight fourth quarter and full fiscal year for US marine transmission builder
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“Unprecedented” third quarter for Johnson Outdoors
Fishing revenues up 51%, watercraft sales up 30% as US recreation products manufacturer reports “another quarter of unprecedented results”
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Yamaha marine business sees significant growth
Half-year results reveal sales and profits for period to June 31
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Myers Industries Q2 revenues climb 58%
Gains in revenues, operating income, net income and adjusted earnings-per-share point to strong quarter for US plastics manufacturer, in spite of rising input costs
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Cummins reports strong Q2 results
Near 60% sales growth and triple-digit gains in operating income, net income driven by surging North American markets
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Xylem reports “exceptional growth” in 2021 Q2 results
Quarterly revenue of US$1.35bn represents 16% YOY growth for Rule, Jabsco parent
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KVH Q2 revenues up 17%
Gains in both service and product sales drive revenue growth to offset higher operational expenses
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Boat show organiser Informa sees continued recovery in first half of 2021
2021 revenue forecast raised £100m to £1.8bn; Physical event return growing and subscriptions-led businesses perform well
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Brunswick posts record Q2
Net sales of US$1.55bn mark 57% YOY gain while operational earnings, net income grow by triple digits in “outstanding” Q2; Brunswick projects boat production numbers for 2021 and beyond
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Patrick Industries reports 141% sales jump in Q2
CEO Andy Nemeth expects continued growth in second half of 2021 and through 2022
