All Power and Motorboats articles – Page 9
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News
Fairline Yachts puts finances in place to cope with challenging times
British motorboat builder secures £26m-plus in finance facilities to address Brexit and pandemic uncertainties; the company suffered significant loses in fiscal 2019
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News
Sanlorenzo confirms 2020 results and profitability
Italian yacht builder Sanlorenzo approved draft financial statements for 2020, revealing strong profit gains on stable revenues and a growing backlog
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News
New add-on for Mastercraft boats: watersports coaching
American ski and wakeboat specialist Mastercraft will team boat buyers with personalised coaching from world-class athletes via a new partnership with Givego
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News
US wholesale boat shipments down 15% in 2020
Supply chain disruptions and workforce issues are key hurdles for American boat builders as they work through record low inventories and average back orders of up to 6 months, says the NMMA
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News
Beneteau reports better than forecast year-end; cyber-attack update
The Beneteau Group has released a preliminary report on revenues indicating a boost in outboard boat demand which helped offset a collapse in fleet sales.
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News
Hanse reports record backlog
German boatbuilder Hanse Yachts AG – parent company of the Hanse, Dehler, Moody, Fjord, Sealine and Privilège sail and motorboat brands – said its order backlog is the highest its been in the company’s history
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News
Grand Banks logs revenue and profit gains
Despite Covid-related challenges, luxury motoryacht builder Grand Banks Yachts closed out the first half of its fiscal year ending 31 December with increases in revenue, profit and new orders.
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Spain
De Antonio increases capacity, launches new models
Spanish builder riding surge of boating interest with two new model launches in as many months
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News
Grand Banks temporarily halts work due to Covid
The luxury motorboat builder Grand Banks has halted operations at its yard in Malaysia after an outbreak of Covid infections
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Hanse overcomes Covid outbreak; announces record order book
The order book at the end of December 2020 was 62.5% higher than a year earlier
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Article
Nimbus to issue IPO
Sweden’s top boat producer, Nimbus Group, will list its shares on Nasdaq Nordic growth market, aiming to raise SEK 200 million (€20m); This will be second time the company has been publicly traded.
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News
Global boat demand drives expansion and job growth at Brunswick
The boating industry’s largest player, Brunswick Corporation, is undertaking substantial expansion in the US, Mexico and Portugal to respond to unprecedented demand for new boats
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News
Sunseeker posts 2019 gains
Financial accounts for UK boatbuilder Sunseeker International filed this week show the builder doubled its profits on a modest gain in revenues in 2019; significant financial restructuring will allow the company to carry forward with a launch plan to extend its range to 20 models.
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News
US boat sales hit 13-year high in 2020; boom to continue
With heightened interest in outdoor recreation and ways to social distance, consumer demand for new boats is expected to carry over into 2021 and beyond
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News
Chris Craft is part of Winnebago Q1 gains
Strong consumer interest in the outdoors continued to drive sales, revenues and profitability in the first quarter, ending 28 November, for the manufacturer’s portfolio in recreational vehicles and Chris Craft boats
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News
Fountaine Pajot expects 2021 recovery
French catamaran builder Fountaine Pajot and parent company of Dufour Yachts confirmed its 2020 fiscal results confirming the negative Covid impact on both revenues and profitability
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News
Hanse Yachts establishes new technical centre
Germany’s HanseYachts and its Polish subsidiary TTS jointly launched the BALTICDESIGN Institute today
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News
New team takes the helm at Italy’s Fiart
October saw Ernesto De Bartolomeis, general manager of Fiart and grandson of the founder, leave the Italian yard. A new team is now in place to steer several new model launches which mark the company’s 60th anniversary.
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Video
IBI Interview with head of US boating association (trailer)
In the latest installment of the IBI Interview series, IBI Contributor Craig Ritchie speaks with NMMA President Fred Hugelmeyer about the state of the US boating market and the prospects for the association’s boat shows in 2021. IBI plus subscribers, can watch the full video by clicking here.
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News
Workforce dispute at Beneteau quickly resolved
Last Tuesday morning workers walked out of the Beneteau factory in Challans, in Vendée on the French Atlantic coast, though the dispute lasted less than 24 hours. In early September, Beneteau announced its plans to address the consequences of the Covid-19 pandemic, launching job protection plans (PSE) and the closure ...