Company Financials – Page 9
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NewsLimestone Boat to delist from American OTC trading platform
Canada-based Limestone Boat Company – owner of the Aquasport, Limestone and Boca Bay boat brands – today announced that it will terminate its exchange listing in the US
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NewsSuzuki Q3 marine sales and profits at record highs
The outboard engine maker posted strong results in the marine sector and across its portfolio for the first nine months of fiscal 2022, revising its full-year forecast upward
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NewsOXE Marine reports bleak Q4
In his opening comments on the engine maker’s most recent financial report released today, OXE Marine CEO Anders Berg acknowledged, “Q4 is nothing but a significant disappointment.”
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NewsRecord 2022 for Rolls-Royce Power Systems
Profit margins hit by supply chain disruption, inflation and Russia-Ukraine conflict; Drive to increase profitability in 2023 while signalling a focus on hydrogen as key to green energy transition
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NewsPearl Yachts expanding capacity and dealer network to meet demand
UK luxury motoryacht builder reported fiscal 2021-22 profits down while gross profit margin increased
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NewsRecord revenues propel Garmin marine segment to 10 consecutive years of growth
‘Outstanding accomplishment’ of marine division partially offsets low single digit revenue, profit decreases related to inflationary, currency pressures
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News2022 Yamaha unit sales decline, while financials remain buoyant
The global producer of outboard engines, personal watercraft and boats posted strong revenues and profits for the past year, while projecting a bullish forecast for 2023
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NewsLippert marine sales help offset RV slowdown
Equipment manufacturer, Lippert Components achieved all-time high revenues for 2022, following a challenging fourth quarter which included job cuts
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NewsGrand Banks sees strong rebound in most recent quarter
Malaysia’s Grand Banks Marine Group has reported a financial turnaround in revenues and profits for the six months ending 31 December 2022, but expects a softer market going forward
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NewsPatrick marine sales surpass $1 billion in 2022
Marine sales at US-based component manufacturer, Patrick Industries, posted the strongest performance in the company’s portfolio and helped lift annual sales 20% to $4.9 billion
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NewsGroupe Beneteau: Record Q4 paves way for significant 2023 gains
US market surge spearheads growth across all boating divisions; Group set to outperform forecasts
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NewsSanlorenzo exceeds 2022 financial targets
Italian luxury yacht builder Sanlorenzo has reported double-digit growth in revenues, order backlog, and other key metrics at the close of 2022
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NewsSunseeker reports “significantly improved” financial results for 2021
Revenues jump but Covid-19 causes drop in earnings; builder in strong position for 2023-24
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NewsAnother record Q2 for MasterCraft
Ninth consecutive record quarter for US boatbuilder delivers highest ever Q2 net sales, net income and adjusted EBITDA
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NewsAkzoNobel reports grim 2022 due to inflation, lower volumes, higher costs
Double-digit loss in operating income for Dutch paint and coatings specialist
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NewsExpanded distribution yields record growth for Nimbus Group
The Swedish builder’s strategy to geographically diversify its dealer network and product offering paid off in higher Q4 and 2022 sales
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NewsXylem Q4 earnings up 14%
Full-year revenues for Rule, Jabsco and Flojet parent jump 6% to US$5.5 bn on strength of sustained demand and strong backlog execution
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NewsMalibu sees record FQ2 with saltwater segment leading growth
US builder delivers fantastic quarter as momentum continues
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NewsCummins 2022 revenues up 9%
Gains in revenues, profits driven by strong demand in global markets, offsetting declines in China and suspended operations in Russia
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NewsQ1 a mixed bag for Johnson Outdoors
Rebound of fishing segment revenues offset by higher operating costs and slowing sales in watercraft, camping sectors
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