All articles by Craig Ritchie – Page 47
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Strong Q2 for Brunswick despite June IT incident
Market share gains and improving boat sales help offset revenue impact of IT security event estimated in US$80m - $85m range
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Management appointments at IMTRA
US importer names new vice president of operations, HR director
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Record Q2 revenues, margins for Teledyne
Raymarine parent reports net sales of US$1.42bn, net income of $185.3m in strong second quarter driven by high demand for imaging equipment
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New president for Trivantage
Bret Kelley to head US fabrics manufacturer upon retirement of outgoing president Steve Ellington in January 2024
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Record Q2 for Marine Products Corp
Chaparral, Robalo boats parent reports increased revenues, gross profit, gross margin and net income despite softening market
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Strong Q2 leads Polaris to raise full-year guidance
Marine division posts market share and profit margin increases despite overall sales decline on softer pontoon market
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Hubbell Q2 revenues up 9%
Electrical equipment manufacturer anticipates full year growth of 8% to 10% on strength of steady market
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Management appointments at Suzuki Marine US
Cerka, Ewing named to general manager roles as outboard engine builder positions for future growth
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Freedom Boat Club to open 400th location
New Jupiter, Florida location set to begin operations in August
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Registration opens for MRAA Dealer Week
US dealer event to deliver three days of educational seminars and onsite trade show with exhibits from boatbuilders, suppliers and dealership service providers
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Yanmar America launches parts e-commerce platform
New e-commerce website to enhance customer service to end users by facilitating access to common service parts
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Record Q2 earnings for Volvo Group
Net sales jump 11% and Volvo Penta net sales increase by 18% despite challenging macroeconomic trends and a softening leisure marine market
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Brunswick preliminary Q2 results down following IT incident
Second quarter revenues of US$1.7 bn fall below expectations in the wake of IT-related security incident revealed in June
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Disappointing Q3 for Vision Marine Technologies
Higher costs, lower revenues spell difficulty for Canadian electric boat, motor manufacturer
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Strong marine division performance drives solid Q2 for Dometic
Record operating cash flow of SEK 2.3 bn earned on strength of higher marine division revenues
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Brunswick announces Boat group executive appointments
Lenn Scholz appointed Boston Whaler president, Jeromie Johnston named president of Lund Boats
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IBEX to launch Sustainability Experience feature
New-for-2023 technology pavilion, trade route, learning lab and education track o draw focus on sustainability initiatives
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Registration filling up for 2023 NMEA Conference
Annual marine electronics symposium to present extensive agenda of manufacturer training sessions for electronics installers, service techs
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Hempel completes Russia exit
Danish coatings manufacturer completes sale of its Russian subsidiary as it divests interests in Russian market
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Garmin signs audio equipment supply agreement with Sportsman Boats
All MY2024 Sportsman Open, Heritage and Masters Series models to come with premium Fusion audio packages