Company News – Page 7
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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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Brownell announces Norwegian distribution partner
US yard equipment manufacturer to be represented by Kristiansand-based Flak AS
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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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Sunseeker deal value disclosed
Latest deal means that all three of Britain’s largest powerboat builders now in the hands of private equity investors
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Fountaine-Pajot acquires top Asian dealership
The move follows a successful 25-year collaboration between the two firms
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MDS Brand inks multiple boatbuilder partnerships
US tech firm announces collaboration agreements with several key boat brands for innovative website configurator tool
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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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IMTRA signs Zipwake supply agreement with Tiara Yachts
Dynamic trim control platform to be incorporated on all 2025 outboard-powered models
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Absolute unveils new model, appoints Spanish dealer
Italian builder adds the Absolute 70 Fly to its expanding range
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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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U-Boat Worx marks milestone with launch of 60th submarine
The latest addition to the fleet is a bespoke Super Yacht Sub 3 in metallic bronze
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Ukrainian RIB builder rolls out new model, targets export market
Gelex is intensifying efforts to expand its international foothold
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ZeroMar, EPT expand strategic partnership
The two companies are working together to propel sustainable marine solutions
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Suntex acquires California marina through joint venture
Discovery Bay Marina is a full-service marina in the San Joaquin Delta
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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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IYBA launches new brokerage platform
International Yacht Brokers Association aims to better control brokerage sales experience, data
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Brunswick sees record sales, market share gains at FLIBS
The US boating giant set a number of new records at this year’s show