More IBI Market News – Page 22
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News
Headline Financials: Dalian Wanda Group
IBI Plus has posted a new financial report for the Dalian Wanda Group, a Chinese industrial group which has acquired a 92% majority shareholding of UK-based yacht builder, Sunseeker International. The Dalian Wanda Group was founded in 1988 by Jialing Wang, China’s richest man in 2013. The Wanda Group ...
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Headline Financials: Sundiro Holdings
IBI Plus has posted a new financial report for Sundiro Holding, a Chinese industrial group that has invested in a shareholding and joint venture with Italy’s Sanlorenzo. The latest information for Sundiro Holding indicates turnover for the group reached approximately €125 million in 2013, with Net Income (after taxes) of ...
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Headline Financials: Sessa Marine
IBI Plus has posted an updated financial report for Italian boatbuilder Sessa Marine, a three-generation family business which builds four motorboat lines ranging from 18-68 feet, including fishing boats, open sport boats, open and hardtop cruisers and flybridge yachts.d In May 2014, the company filed for Chapter 11 protection and ...
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Headline Financials: Grand Banks
IBI Plus has posted an updated financial report for Grand Banks Yachts Ltd, a Singapore Stock Exchange listed company building yachts in Asia since 1956. Headquarterd in Singapore with production facilities in Malaysia, the company also has two wholly owned sales subsidiaries in the US and one in Australia.For the ...
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Headline Financials: Hallberg Rassy
IBI Plus has posted an updated financial report for Sweden's sailboat builder Hallberg-Rassy. Dating back to 1943, the company has delivered more than 9,400 boats during its 70 year history and today is owned and managed by the Rassy family.For the financial year ending August 2013, Hallberg-Rassy reported consolidated ...
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Headline Financials: X-Yachts
IBI Plus has posted an updated financial report for X-Yachts, a Danish builder of performance racing and cruising sailboats ranging from 33 to 66 feet in length. For the financial year ending July 2013, X-Yachts suffered a decline in profitability of more than 100%, with a gross loss (revenues minus ...
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South Korea marine market
Koreans have only started to enjoy recreational boating in the past decade, encouraged by a government determined to make leisure marine a thriving sector for the country’s economy. Korean GDP grew at 2.8% in 2013, picking up from a couple of years with the economy expanding at a mere 2% ...
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USA Boats Sales Data (30ft and above)
Statistical Survey’s Quarterly Trend report for IBI Plus shows total US sales of fibreglass boats 30 feet and above surged through the third quarter of 2013 posting 22% year-on-year (y/y) growth compared to less than 3% in the previous period. As in Europe, much of the US suffered a slow ...
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BUSINESS REPORT | ITALY: OVERVIEW
A proposed Italian ‘Cruising Tax’ is looming like a shadow over an industry already adapting to cope with the protracted eurozone crisis
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