All articles by Subscriber-only – Page 8
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News
NOAA official tours Miami Boat Show, receives speed restriction rule briefing from NMMA
The proposed North Atlantic right whale rule is currently under review by the US Department of Commerce
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Grand Banks Yachts’ first-half profit jumps 91.7%
Singaporean builder declares first interim dividend since 2008
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Outboard engines
Sector Spotlight | Despite the rise of electric, ICE still reigns supreme
It wasn’t long ago that any sort of market report on outboard motors focused on gasoline-powered product alone
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Paints and Coatings
Insight | Sustainability: Here and now
With growing consumer interest in environmental sustainability, boatbuilders look to future technologies as a means of solidifying their engagement with eco-conscious buyers. But what can the industry do right now to be more sustainable? Quite a bit, it turns out, with a range of green options already available to boatbuilders
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Aftermarket gains, OEM revenue declines leave mixed Q4, full year for Lippert
Stronger aftermarket performance can’t mitigate OEM revenue decrease for US components manufacturer
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TISG’s preliminary results see group on growth path
2023 revenues up 23% and further growth forecast for 2024
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Hope for better times at Gothenburg show
Exhibitors report growing faith in future of the industry
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Sanlorenzo reports double-digit growth for all key indicators in 2023
Order backlog valued in excess of €1bn with 90% sold to final clients
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Mixed results for Patrick Industries Q4, 2023 full-year financials
Revenues down but margins improve as US engineered components manufacturer balances headwinds in marine, RV segments
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Challenging year for Finnish boating industry
But value of exports rise, says industry association Finnboat
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Strong interest in UK marina group currently in administration
More than 30 ‘expressions of interest’ received
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AkzoNobel: 2023 rebound provides “good momentum” heading into 2024
Paints and coatings giant reports solid full-year results
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Nearly 30% marine growth leads Twin Disc FQ2 results
Strength in Marine and Propulsion and Land-Based Transmissions drove performance
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MasterCraft Q2 revenues down 37%
Lower volumes and higher promotion expenses impact revenues, profits in “challenging” second quarter for US boatbuilder
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Record Q3 sales, profits for Suzuki
Q3 marine revenues lag on continued softness in North American boat market
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2023 a mixed bag for Cummins
Record revenues and operating cash flow offset by regulatory and legal woes around US truck settlement
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Xylem Q4, 2023 full-year revenues exceed expectations
Rule, Jabsco and Flojet parent posts double-digit revenue gains for both fourth quarter and full 2023 fiscal year
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Solar-powered boat specialist from Finland targets export markets
Elvene Boats is currently focused on Europe and Africa, but the company is also working to expand its presence to the Middle East and Asia
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2023 a record year for Caterpillar
Record sales, operating profit and profit per share for US engine builder driven in part by higher marine sales