All Power and Motorboats articles – Page 8
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NewsGrand Banks back to fulfilling orders
With closures lasting almost 2½ months in its first quarter of fiscal 2021-22 ending 30 September, Grand Banks Yachts saw minimal revenue in Q1, but forward orders remain strong
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NewsHanse bullish on outlook despite Covid impact on profits
With manufacturing operations in Germany, Poland and France, the German boatbuilder experienced significant Covid disruptions to its business, particularly in France and in Griefswald due to restrictions on the normal cross-border flow of employees between Germany and Poland.
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NewsCovid hits 2020 financial results at Princess Yachts
In the context of accelerating sales, UK luxury motoryacht builder Princess Yachts reported a decline in both turnover and profitability for 2020 due to closures lasting between 6 and 8 weeks across its production sites
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NewsMarineMax acquires second boatbuilder
After surprising the industry with its acquisition of Cruiser Yachts in May, US boat retailer Marine Max has announced the addition of another boatbuilder to its broadening portfolio
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NewsBeneteau posts first-half growth in revenues & earnings
Despite a disruptive cyber attack and contraction in fleet sales, France’s Beneteau Group returned to growth in the first half of its financial year ending 30 June.
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NewsYamaha Motor introduces new YAM inflatable range
Japan’s leading boat and engine maker, Yamaha Motor, has announced a new range of YAM TAf inflatable boats equipped with aluminium hulls, “exploring new ground while staying true to its high-quality marine heritage.” Following the 2020 release of a re-designed range of inflatables, the company says the new line is ...
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NewsBRP predicts US pontoon market will hit 100,000 units
A global leader in powersport vehicles, boats and propulsion systems, BRP finished the second quarter of its fiscal year ending 31 July surpassing market estimates for earnings & revenues. Discussing results with analysts, the manufacturer also provided volume expectations for its new ‘Switch’ pontoon range
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NewsMalibu expected to appeal against liability judgement in $200m court award
The Louden, Tennessee based boat builder was cleared on claims of design defects, but is expected to seek a reduction or reversal of the substantial judgement by a Georgia jury in a product liability case involving the tragic death of a seven year old
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NewsYamaha teams up with Lion Yachts on new flybridge
New 60ft flybridge from Italian builder Lion Yachts is powered by Yamaha Motor’s XTO outboard engines
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NewsGrand Banks improves profits despite shutdowns
The luxury motorboat builder remains in a lockdown imposed by the Malaysian government on 1 June, but benefitted from strong demand
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NewsNimbus reports robust boat sales & orders for Q2
Sweden’s largest boatbuilder, the Nimbus Group, reported robust demand across the company’s traditional markets in Sweden, the Nordics and Europe, along with growing success in America. CEO Jan-Erik Lindström provided additional colour on the company’s progress in a call today with analysts.
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NewsBrunswick posts record Q2
Net sales of US$1.55bn mark 57% YOY gain while operational earnings, net income grow by triple digits in “outstanding” Q2; Brunswick projects boat production numbers for 2021 and beyond
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NewsHeyday launches ‘next generation’ wakeboat
Heyday Wake Boats has introduced the H22, a new addition to the brand’s lineup
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USARegulator Marine | US Boatbuilder
Regulator Marine’s 37 Evolution At family-owned Regulator Marine, sales and marketing vice president Keith Ammons enjoys the position of having repeat clientele, based, he says, on the reputation, quality and price point of the Regulator fleet, which runs from 23-41ft. The vast majority of Regulator owners, Ammons ...
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USASailfish Boats | US Boatbuilder
It is the versatility and practicality of centre console and dual console boats that is currently driving growth in the lucrative saltwater fishing category. “There is a segment of boaters, they just want to be on the water and they need something that easily allows them to be on the ...
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USASmoker Craft | US Boatbuilder
The 9% year-over-year growth of the US freshwater fishing boat market in 2020 has to feel particularly rewarding for Indiana-based boatbuilder Smoker Craft Inc, which builds a range of aluminium fishing boats under its Smoker Craft, Starcraft and Starweld banners. An all-new line of tiller-controlled models sold under its Starcraft ...
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USATiara Yachts | US Boatbuilder
The Florida market has been “huge” for Tiara Yachts’ new 48LS, according to sales and marketing vice president, Dave O’Connell – so much so that the company introduced the new boat at a private Ocean Reef Club showing in the Florida Keys following the cancellation of the Miami International Boat ...
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NewsHanse hits order book milestone
German boat group, HanseYachts, reports preliminary year-end financials yielding record results
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NewsChris Craft expanding capacity on the back of continued growth
US boat brand Chris Craft enjoyed a strong growth trajectory in Q3 together with its parent company Winnebago Industries
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ItalyFerretti Group | Alberto Galassi
Record demand and the new normal; the Ferretti Group CEO talks to IBI about record sales, acquisition targets, selling boats on Instagram, and why Forrest Gump holds the key
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