Brunswick Q1 ‘resilient’ despite COVID-19 impact

Brunswick's David Foulkes at CES

Brunswick Corporation released first quarter 2020 financial results and reported a strong pre-coronavirus performance, with “resilient operating margins despite COVID-19 impact”

Boating industry’s largest company – Brunswick Corporation – reported consolidated net sales from January through March of US$965.5 million, down just over US$1 million, or 8.1% from the same quarter last year.

The company’s breadth of business – across boats, engines, parts and accessories, as well as Freedom Boat Clubs – provides unique insight to the impact of Covid-19 on various segments of the boating industry as well as markets across the world. The company also commented on more recent trends in April during its call with investors…

To continue reading, please see the subscription options below for accessing Premium Content.

This is premium content

You must be a subscriber and signed-in to access this content.

IBI Magazine_Website_promo_July

To continue, subscribe to IBI Plus

Benefits include:

  • Breaking industry news as it happens
  • Unlimited access to all IBI Plus Premium content, including:
  • Industry statistics / Market reports / Company insights / In-depth segment reports
  • Our archive of more than 38,000 news items and features
  • Save articles in your personal library under ’My Account’

to gain access to IBI Plus Premium content.

Alternatively, REGISTER to receive IBI Daily News & Breaking News alerts for free.

Already a subscriber? Sign-in now at the top of this page.