IBI Market Overviews – Page 7
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Headline Financials: Sealine International - Updated
IBI Plus has posted an updated financial report for British boatbuilder Sealine International which produces performance motor yachts ranging from 35 to 60ft. In August 2011, Sealine was acquired from the Brunswick Corporation by Sealine Yachts Ltd, a newly established subsidiary of US-based Oxford Investment Group. Sealine’s latest ...
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Headline Financials: Sunseeker International - Updated
IBI Plus has posted an updated financial report for UK based Sunseeker International, a top global boatbuilder and one of Britain's leading producers of luxury flybridge and sport motor yachts, ranging in length from 40 to 155 ft. The company was acquired in May 2010 by Portofino Yacht Holdings ...
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UK's marine market
‘Challenging’ was the adjective that seemed to jump most quickly to the lips of interviewees for our annual review of the current state of the UK marine industry. With the domestic economy stagnating, the housing market – traditionally a major driver of boat sales – in a prolonged slump, and ...
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GE Capital Marine Index Q2 2012 Report
According to the most recent release of the GE Capital Marine Index for the European region, marine product turn further slowed during the second quarter of 2012 as market stagnation continued. The GE Capital EMEA Marine Index offers a quarterly view of consumer demand for motorboats, yachts and outboard ...
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Headline Financials: Groupe Beneteau - Updated!
On 7 November, Bénéteau released earnings results for the 2012 financial year ending August 31, 2012, reporting that sales in the Boat division were down -12.3 % to €609.1 million from €694.7 a year earlier, while operating income declined 108% to -€4.3 million from €54.4 million in 2011. Bénéteau’s ...
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ICOMIA World Market Overview
The introduction to the latest ICOMIA (International Council of Marine Industry Associations) Boating Statistics Report – providing an overview of the global boating market – is available for the first time on IBIPlus, as a complimentary preview to subscribers. A compilation of statistics for the recreational marine industry in ...
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Mexico's marine market
Mexico is in the spotlight. Its economy, so far proving resilient to the global downturn, is showing potential signs of becoming the ‘new shining star’ in Latin America after years in the shadow of Brazil as the region’s second biggest market. with its growing middle class, booming manufacturing industry, and ...
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The Netherlands' marine industry
The Netherlands has long been Europe’s fifth most powerful economy, but falling house prices, a fresh tranche of austerity measures and over exposure to the euro crisis has caused a sharp decline in consumer spending. Unsurprisingly, this is having an adverse effect on the domestic marine industry. As reported ...
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US marine market
After four brutal years of declining sales, plant closures, bankruptcies and the culling of aged inventories, enthusiasm is finally replacing fear in many boating executives’ voices. Nobody is ready to call 2012 a boom year, or even a solid turnaround, especially with big-boat sales still on the decline. There ...
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USA Boat Sales Data (30ft and over)
Statistical Survey’s Quarterly Trend report for IBI Plus shows total US sales of fibreglass boats 30 feet and above slowed through the first half of 2012, but remained 0.9% above sales for the second quarter a year ago. Sales of sailboats 30 feet and above were up 5.7% compared ...
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Financial Headlines: Vidal Diffusion Marine
Vidal Diffusion Marine (VDM), a subsidiary of holding group Alliance Marine, was the successful bidder for parts of the Navimo Group, Navimo Distribution and Plastimo Marine groups. Based in Toulon, France and founded in 1987, VDM distributes technical marine products and materials including brands such as Teleflex, Morse, Sierra, ...
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Headline Financials: Lalizas S.A.
One of the main bidders in the acquisition for France's Navimo Group, family-owned and managed Lalisas S.A. manufacturers and distributes marine accessories, parts and safety equipment for the recreational boating industry. Products are distributed through an international network covering Europe, Turkey, the UAE, South Africa, Australia, Thailand and ...
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Headline Financials: Nautor
IBI Plus has posted an updated financial report for Finland’s Oy Nautor AB, which is reporting a strong order book for 2012 for both new builds and refit projects. The yard said it has delivered 8 new Swans this year, including the company’s 2,000th sailboat launched in August, a ...
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Headline Financials: The Navimo Group
Navimo Gets a New Lifeline One of Europe’s largest marine equipment manufacturers and distributors, the Navimo Group, got a new lifeline on 14 September 2012 when a French Commercial Court validated takeover of the company by Vidal Diffusion Marine (VDM), member of the Alliance Marine Group based in Toulon, ...
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Sri Lanka's marine market
Following the end of 26 years of civil war in 2009 Sri Lanka has been looking to develop its business potential. High up on the list of core growth areas is the boatbuilding sector and the government has ambitious plans for Sri Lanka to become a boating hub for southern ...
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Argentina's marine market
The boating sector in Argentina had, in 2011, its best year in decades. Argentinians love the water and are keen advocates of the marine lifestyle, a fact reflected in the rise in numbers taking to the water – while recession and eurozone turmoil has pegged back boating numbers in much ...
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China's marine market
Although still in its infancy, China’s small but rapidly growing marine market offers tremendous scope to outside companies looking to distance themselves from the economic maelstrom that is europe – perhaps not in the short-term, but certainly in the medium to long- term future.
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GE Capital Marine Index Q1 2012 Report
According to the most recent release of the GE Capital Marine Index for the European region, marine product turn further slowed during the first quarter of 2012 as market stagnation continued. The GE Capital EMEA Marine Index offers a quarterly view of consumer demand for motorboats, yachts ...
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Headline Financial Update: Bella Boats
IBI Plus has posted an updated financial report for Finland’s Bella Boats, reported to be considering the possible acquisition of Swedish boatbuilder Nimbus Boats which filed for bankruptcy on 3 July. Like boatbuilders throughout Europe, Bella has battled several tough years of recession and a sharp drop in ...
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Headline Financials: Nimbus Boats
IBI Plus has posted an updated financial report for Sweden’s Nimbus Boats, including results reported for the nine months ending 30 September 2011, which appeared earlier this week in Swedish newspaper Dagens Industri and IBI Plus’ daily news. In 2010, consolidated turnover at the Nimbus Group improved 18% ...
