All Power and Motorboats articles – Page 14
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NewsUpdated: Nimbus Group to build boats in the USA
Sweden’s Nimbus Group acquires US builder for a cash consideration of US$9.5m
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NewsLimestone Boat to delist from American OTC trading platform
Canada-based Limestone Boat Company – owner of the Aquasport, Limestone and Boca Bay boat brands – today announced that it will terminate its exchange listing in the US
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GermanyMarc Diening | Bavaria Yachts CEO on the brand's outlook
Judging by the queues to jump onboard its latest launches at boot Düsseldorf last month (90-minute wait times over the weekends), Giebelstadt, Germany-based sail and motorboat builder Bavaria is back on track after it was plunged into administration in 2018. IBI caught up with CEO Marc Diening at the show ...
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NewsGrand Banks sees strong rebound in most recent quarter
Malaysia’s Grand Banks Marine Group has reported a financial turnaround in revenues and profits for the six months ending 31 December 2022, but expects a softer market going forward
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NewsGroupe Beneteau: Record Q4 paves way for significant 2023 gains
US market surge spearheads growth across all boating divisions; Group set to outperform forecasts
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NewsUS fund to take controlling stake in Princess Yachts
Ownership of UK-based Princess Yachts will change hands according to reports by Sky News this morning
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NewsSanlorenzo exceeds 2022 financial targets
Italian luxury yacht builder Sanlorenzo has reported double-digit growth in revenues, order backlog, and other key metrics at the close of 2022
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NewsExpanded distribution yields record growth for Nimbus Group
The Swedish builder’s strategy to geographically diversify its dealer network and product offering paid off in higher Q4 and 2022 sales
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NewsNimbus Group extends reach in North America
Swedish boatbuilding group continues its growth plans for the USA and Canada with three new dealers
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NewsMarine Products Corp reports record Q4, full year revenues
Improving supply environment and continuing high demand drive double-digit increases in both revenues and profits for US boatbuilder
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NewsItalian Sea Group orderbook surpasses €1 billion
Italian yacht builder (ITSG) approved preliminary 2022 results today in addition to sharing its 2023 outlook with the financial community
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NewsNimbus strengthens US sales operations
Swedish builder appoints Florida-based yacht dealership to help grow sales
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NewsBeneteau makes top appointments in the Boat Division
France’s Beneteau Group confirmed new senior brand positions in the company’s boat business
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NewsHanseYachts posts sales & production gains while losses mount
The German boat building Group published results for fiscal 2021-22 revealing losses in excess of its forecast, but also showing significant progress in revenues, orders and production volume – and the exit from its loss-making investiment in Privilège Marine
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FranceInsight | Gianguido Girotti on how Beneteau Group is moving its entire production toward a sustainable future
The Boat Division CEO on the 10-year manufacturing plan
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NewsBRP boosts balance sheet flexibility with new loan
Canadian boat and personal watercraft manufacturer, BRP, has strengthened its financial flexibility with an additional loan from new and existing lenders
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NewsHanseYachts raises new capital; secures refinancing
Germany’s HanseYachts boatbuilding group announced moves to safeguard Its balance sheet
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NewsBeneteau lifts ’22 forecast; updates ’25 targets
France’s Groupe Beneteau used the occasion of the Paris Boat Show to host an Investor Conference this afternoon providing a comprehensive review of both recent accomplishments and future ambitions
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NewsGaleon goes full throttle in Asia
New models together with a new Asian base are set to expand the company’s footprint and results in the region
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NewsBrunswick Boat Group to electrify as it “makes sense”
IBI speaks with BBG president Aine Denari on the future of electrification
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