Market News – Page 236
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NewsCummins raises guidance on strong Q1 results
Record first-quarter revenues of US$6.4 bn mark 5% YoY gain over Q1 2021
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NewsUS aid package to Ukraine to include seized assets of Russian oligarchs?
New measure is expected to receive broad bi-partisan support in Congress
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NewsPlans revealed for first Thailand Yacht Show in Pattaya
Event organiser confident show will proceed as planned
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NewsBRP recognised among top employers in Mexico
Mexican business magazine, government applaud Sea-Doo parent for its commitment to employee welfare
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NewsItalian start-up to begin production of “world’s first” submersible hydrofoil
The company claims it’s the first vessel of its kind
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NewsEU eyes more Russia sanctions, including oil import ban by year’s end
Sixth package of sanctions likely to be finalised this week
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NewsCanadian builder embarks on second factory expansion in two years
Kingfisher Boats to add 20,000ft² of production and engineering space
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NewsCanadian government yields new luxury tax concession
Final legislation to be tabled next week exempts boats sold in 2021 along with boats sold in 2022 if delivered before September 1
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NewsSpanish builder unveils first model in new electric llaut series
The traditional Med-styled boat is having its debut in Palma
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NewsPatrick Industries sees 58% jump in Q1 sales
US equipment supplier predicts marine growth through 2024
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NewsBrunswick says consumer demand is holding firm
With top-line growth across all segments, Brunswick Corporation boosted its guidance for 2022 citing improved visibility for the year and confidence in sustained consumer demand
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NewsFerretti reports strong order-taking in Q1
In its first few weeks as a public company, Italy’s Ferretti Group posted strong first quarter results and expressed confidence in the remainder of 2022
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NewsMarineMax sees “sustainable growth” through 2024
US boat and yacht retailer raises fiscal 2022 guidance for second time
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NewsCandela enters French market
Swedish tech firm forms exclusive partnership with recreational boat reseller
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NewsFraser joins Monaco Capital of Advanced Yachting initiative
Yacht services provider among first organisations to sign “historic” charter
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NewsUS dealer breaks ground on ‘significant’ expansion
Newest Tommy’s Boats location to be completed in autumn 2022
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