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- News
Investors unfazed by Beneteau’s poor Q1 sales
Company sticks to its full-year outlook for ordinary operations margin in 7%-10% range
- News
KVH Q1 revenues drop 14%
Challenging Q1 for US satcom service provider as it winds down hardware manufacturing operations
- News
Lakes Act key to expand and improve recreation infrastructure
The Act will be a major topic of discussion at the American Boating Congress this week
- News
Hempel to divest JW Ostendorf and Renaulac business units
Proposed sale to equity group Fidelium Partners to include German factory, French stores and about 500 employees
- News
Springer bids adieu to Malibu
Outgoing CEO Jack Springer says his decision to step down was not taken lightly
- News
Another tough quarter for Johnson Outdoors
Second-quarter revenue and profit declines across all operating segments underscore challenging market conditions for US watercraft and equipment manufacturer
- News
Investigation into antidumping, countervailing duties to coincide with ABC
Proposed duties on aluminium extrusions into the US will be high on the agenda when the ABC convenes in Washington next week
- News
Twin Disc acquires power transmissions specialist
US equipment firm to close on deal in next 30 to 40 days
- News
Pre-owned sales one bright spot in soft Q2 for OneWater
US boat retailer saw revenue decrease 7% in the fiscal second quarter
- News
Patrick reports higher revenues, margins, incomes in solid first quarter
Rebound of recreational vehicle sector offsets soft marine market for US engineered components manufacturer
- News
Malibu Boats reports dismal Q3, revises 2024 guidance
US builder anticipates year-over-year decline in annual net sales of around 40%
- News
Cummins Q1 revenues down, but profits up
US engine builder raises full year guidance on strong outlook
- News
Xylem Q1 revenues up 40%
Rule, Jabsco and Flojet parent raises full year guidance on strength of encouraging demand picture
- News
Wells Fargo – don’t expect US rate cuts till September
US bank’s April economic outlook says finance sector in a holding pattern, with no rate adjustments expected until Q3
- News
Record Q1 for Garmin
Consolidated sales up 20%, marine sales up 17% as electronics manufacturer reports record financial results across four of five business segments
- News
Philippine Coast Guard calls for foreign yacht entry ports
Recommendation comes following a major drugs haul at a police check point in Batangas
- News
Sales, earnings, margins all up for Twin Disc in F3Q
Marine sales lead growth at US equipment manufacturer
- News
2023 sees dramatic jump in Croatia’s nautical tourism revenue
Berth rentals were the most significant contribution to growth
- News
Mixed Q1 for Hubbell Inc
Electrical equipment manufacturer reports revenue gains as cost increases reduce profits
- News
Technological neutrality key to marine industry sustainability
Why decarbonisation initiatives cannot take a ‘one-size-fits-all’ approach