Market News – Page 144
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Xylem Q4 earnings up 14%
Full-year revenues for Rule, Jabsco and Flojet parent jump 6% to US$5.5 bn on strength of sustained demand and strong backlog execution
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Osmosis enters supply deal with Indmar
Correct Craft-owned telematics firm to integrate connectivity platform into full line of Indmar marine engines
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Yamaha Motor invests in Finnish startup
Skipperi is Scandinavia’s leading boat club and rental operator
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SA yard shrugs off power crisis thanks to early investment
South Africa is currently grappling with countrywide power supply issues
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Turkish rope manufacturer enters US market
Kaya Ropes opens new sales office and warehouse in Florida
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Silent-Yachts launches first solar cat from own Italian yard
A Silent 60 left the Fano yard this week
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Softening North American market: seasonality or recessionary?
Industry data shows slowing new-boat registrations and building inventory
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Cummins 2022 revenues up 9%
Gains in revenues, profits driven by strong demand in global markets, offsetting declines in China and suspended operations in Russia
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DYT Yacht Servant sails nearly 81,000Nm in one year
The float-on/float-off yacht carrier made 22 global port calls in 2022
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Dutch builder invests in new painting halls
The halls will be used to paint ships, masts and interiors
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Q1 a mixed bag for Johnson Outdoors
Rebound of fishing segment revenues offset by higher operating costs and slowing sales in watercraft, camping sectors
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UK allocates £77m for green marine technology
To win funding, projects must identify ways of launching a zero-emission vessel by 2025
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Public company to select new operator of French marina
Applicants to operate 1,600-berth marina to be unveiled this May
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Ferretti plans secondary listing on Milan exchange
Success would be the first dual Hong Kong and Milan listing
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‘Feet on the ground’ gives Florida manufacturers a leg up in Mexico
Enterprise Florida Inc has maintained local representation in Mexico City for 25 years
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Twin Disc sees continued improvement in FQ2
But global supply chain challenges continue to limit growth
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UK legal practice posts record profits for fiscal 2021-22
Hill Dickinson provides services to the yacht and superyacht industry
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boot Düsseldorf 2023 – in case you missed it; top 10 headlines and key launches
Over 30 press conferences in four days highlights flow of news at world’s biggest indoor show
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Brunswick delivers best Q4 in company history
Read IBI’s full analysis: Brunswick caps 2022 with record sales, operating margins and operating earnings, with an all time best in the boat business; 2023 sales expected to be flat to slightly up