All Power and Motorboats articles – Page 4
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Grand Banks expands US footprint
The Malaysia-based luxury yacht group, Grand Banks Marine, continues to build on its sales success in North America
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Ferretti Group remains bullish on continued yacht demand
Ferretti CEO Alberto Galassi said trends were strong across all of the group’s markets and was confident about orders through 2024
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Swedish builder finds receptive market in the US
US growth seen as key to expansion for Sweden’s Nimbus Group
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US market helps drive significant Q3 gains for Beneteau Group
Group comments on latest levels of supply chain disruption
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Italian builder enters US market with classic American design
The Naples-based firm is introducing a Downeast-style boat at the Ft Lauderdale International Boat Show
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Four Winns introduces catamaran concept at Ft Lauderdale
US-based Four Winns, owned by the Bénéteau Group, is launching a new range of outboard-powered catamarans, starting with a 36-footer
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Grand Banks returns to profitability; work force expansion planned
Malaysia-based luxury yacht builder provided a sharp reversal of its fortunes from a year ago in the first quarter of it’s new fiscal year, going from a net loss to a positive bottom line
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Princess 2021 revenues recover; losses reduced
UK luxury builder is looking to improve efficiencies to build 300 yachts a year
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26-strong boatbuilder buying group hits new milestone
The American Boatbuilders Association is a well-established business model in the US which helps independent builders achieve scale of economy in purchasing and promtes shared knowledge
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Nimbus Group and Axopar eye further joint distribution
The Swedish and Finnish builders have renewed their distribution agreement and are considering other potential areas for deeper collaboration
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Hybrid boats not likely part of Brunswick future
CEO David Foulkes speaks with reporters during an event announcing the newly formed Navico Group
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Group Beneteau | 2022 half-year earnings
Latest financials reveal buoyant market despite supply chain challenges
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Ferretti Group acquires two supply chain partners
Italy’s yacht building group is pursuing integration of suppliers to secure its supply chain and improve profitability
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Robust finances spur expansion and new launches at Ferretti
At Cannes 2022, the Ferretti Group provided an update on a flurry of new orders and the builder’s extensive new product development plans
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Ferretti orders still on a roll
The Italian builder logs another €300 million in orders since the end of June
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Cannes 2022: Beneteau Group talks strategy as it evolves from ‘volume’ to ‘value’ driven business
Boat Division CEO Gianguido Girotti outlines keys vision and roadmap for transforming the business
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Nimbus partner – Stream Propulsion – strikes deal with Tohatsu
Japan’s Tohatsu Corporation will deliver key components for electric outboard motors to Stream Propulsion
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Sanlorenzo to provide extra compensation to offset inflation
With raging inflation eroding the value of wages, what will it take for boatbuilders to hang on to their best employees? Sanlorenzo’s latest move suggests one possibility
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Sanlorenzo posts 1st half growth across all financial metrics
The Italian luxury yacht builder also made a number of other significant announcements (see related stories): Employees to get extra compensation as offset for inflation New service venture to be anchored by acquisition of high-end charter business Sanlorenzo bets on hydrogen fuel cells for sustainability ambitions, backed by new ...
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Grand Banks finishes FY 2022 on a high note
The Malaysia-based yacht building group saw off the impact of multiple Covid-related closures to end its 2022 financial year profitably and with a robust order book