Market News – Page 5
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NewsInvestors unfazed by Beneteau’s poor Q1 sales
Company sticks to its full-year outlook for ordinary operations margin in 7%-10% range
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NewsSanguineti highlights growth in revenues, products and facilities
The Italian superyacht equipment firm reports “unprecedented growth” following Quick acquisition
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NewsKVH Q1 revenues drop 14%
Challenging Q1 for US satcom service provider as it winds down hardware manufacturing operations
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NewsSoFlo Boat Show kicks off May 17
Second annual south Florida boat show will feature more than 200 boats at Miami Marine Stadium from May 17-19
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NewsLakes Act key to expand and improve recreation infrastructure
The Act will be a major topic of discussion at the American Boating Congress this week
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NewsWilliams Jet Tenders picks up UK King’s Award for Enterprise
British jet tender specialist recognised for international trade
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NewsHempel 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
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NewsIguana introduces first fully electric amphibious boat
New bow rider will be equipped with Evoy’s 300hp Storm outboard
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NewsSpringer bids adieu to Malibu
Outgoing CEO Jack Springer says his decision to step down was not taken lightly
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NewsOasis Marinas takes on management of Texas location
JMK5 Marina is the company’s first property in the Lone Star State
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NewsMustang Survival wins Red Dot Award
The Atlas 190 Pro Sensor Life Jacket was recognised for outstanding product design
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NewsAnother 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
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NewsInvestigation 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
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NewsTwin Disc acquires power transmissions specialist
US equipment firm to close on deal in next 30 to 40 days
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NewsPre-owned sales one bright spot in soft Q2 for OneWater
US boat retailer saw revenue decrease 7% in the fiscal second quarter
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NewsRaymarine Pathfinder radar receives type approval
TÜV SÜD certification said to uniquely differentiate compact radar array
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NewsBenetti’s chief commercial officer reported to have resigned
Sebastiano Fanizza has been CCO since 2018
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NewsPatrick reports higher revenues, margins, incomes in solid first quarter
Rebound of recreational vehicle sector offsets soft marine market for US engineered components manufacturer
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NewsMalibu Boats reports dismal Q3, revises 2024 guidance
US builder anticipates year-over-year decline in annual net sales of around 40%
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