All Equipment Manufacturers articles – Page 4
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News
Quantum Sails announces new leadership structure
US sailmaker strengthens global sales team from within
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Dockmate announces marketing collaboration with MarineMax
Sponsorship of Getaways! events aims to broaden customer base for yacht remote control platforms
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Lectrotab acquires US trim tab specialist
The company has bought the assets of Smart Tabs manufacturer Nauticus Inc
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Lippert Q1 revenues climb by 8%
Strength in resurging US RV market offsets continued softness in marine for US components manufacturer
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KVH Q1 revenues down, but losses reduced
Expense reduction initiatives and higher demand for Starlink, CommBox Edge offerings credited with improved financial picture for US satcom firm
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Sea.AI to bring advanced radar perception to AI-powered machine vision
Austrian firm integrates Tocaro Blue’s Proteus Core software into its navigation platform
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ACR Electronics grows European presence
Holland Nautic to distribute US firm’s full suite of maritime safety solutions in the Netherlands
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Johnson Outdoors Q2 revenues down, profits up
$54m lower operating expenses bring higher net results, but revenue decreases across all business segments remain a concern
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Wichard to open new mast facility in western France
The new factory will produce masts under the group’s Sparcraft brand
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Auto tariffs may impact marine parts, Trump moves to prevent tariff stacking
The NMMA continues to monitor and analyse developments
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Littelfuse Q1 revenues up 3.5%
Growth driven by solid electronics segment demand recovery and robust growth in the industrial segment
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Lower Q1 sales but stronger profits for Hubbell
Gains led by strong performance of electrical solutions segment, which includes Hubbell’s leisure marine business
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Flat Q1 revenues but higher profits for Myers
Gross margin up 33%, operating income up 53% and net income up 94% YoY as internal restructuring drives efficiency improvements
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Patrick Q1 sales up 7%
Gains in RV and housing sectors offset decreases in marine and powersports segments for US components manufacturer
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Record Q1 revenues, operating income for Garmin
Net income up 20% YoY as electronics giant calls for full-year revenues in the range of US$6.85bn
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Polaris reports 12% Q1 revenue decrease
Marine segment revenues drop 7% on lower volumes as US boat and powersports equipment builder withdraws 2025 earnings guidance amid tariff uncertainty
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Dometic Q1 sales dip 11%
Continued OEM, aftermarket softness in ‘turbulent market’ offsets gains from new product launches and cost reductions
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Poland
Accessory manufacturers bet on bigger boats
With orders for smaller boats drying up, Poland’s equipment manufacturers have been tailoring portfolios to the more resilient bigger boat market
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Brownell opens new manufacturing plant
US yard equipment manufacturer cuts ribbon on new 50,000ft² fabrication facility