Sector News – Page 154
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NewsCummins reports higher revenues, margins, income for Q3
15% revenue jump and record operating cash flow underscore solid quarter for US engine builder
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NewsSuppliers the target of many cost-reduction efforts
US boatbuilders call on suppliers to get pricing back to where it needs to be
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NewsNorthman premieres Maxi 35 in Barcelona
Polish yard’s new flagship is optimised for sailing in the Med
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NewsXylem Q3 revenues up 50%
Rule, Jabsco and Flojet parent raises full-year earnings outlook on continued revenue growth
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NewsNew chief financial officer at Groupe Beneteau
Nicolas Retailleau joined the company in September 2022 as CFO of the Boat division
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NewsSmallwoods Yachtwear now available in Australia
Smallwoods and Quality Marine Clothing form partnership
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NewsTrinidad launches Yachting Marine Apprenticeship Programme
Classes addressing 10 specialisations start early December
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NewsNew production manager at Aicon Yachts
Giuseppe Picciolo joins Italian builder with immediate effect
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NewsSolid Q3 for Garmin despite slower marine sales
Electronics manufacturer reports record Q3 revenue in four of five operating segments
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NewsQ3 sales, profits decline for Myers Industries
Fuel tank manufacturer again revises full year outlook on another soft quarter
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NewsSouthern Wind celebrates success at ISS Design & Leadership Awards
SW96 Nyumba won Best Sailing Yacht under 500GT and Best Interior Sailing Yacht
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NewsMDL Marinas continues to invest
Some £7m will be invested across its 18 UK marinas this year alone
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NewsHubbell Q3 net income jumps 33% in 8th consecutive quarter of growth
Continued demand from strong end markets drives income and margin gains
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NewsBrunswick reports record sales, share gains at FLIBS
US builder says many of it brands performed exceptionally well
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NewsMalibu reports down, but better than expected, FQ1
The company has revised its fiscal 2024 outlook downward
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NewsDutch builder to deliver four superyachts by 2029
Among the projects is a 111m motoryacht due for delivery in 2025
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NewsSunreef named overall winner at inaugural MRH Innovation & Sustainability Awards
New awards presented at FLIBS celebrate excellence in sustainable practices and environmental stewardship
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NewsRAD Propulsion partners with Hyrex on new electric boat
The Hyrex 28 day cruiser will be powered by a RAD 40 outboard
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NewsTorqeedo forms new training academy
The German propulsion specialist aims to educate, empower and inspire the electric boating community through its newly established Torqeedo Academy
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NewsGrand Banks net profit jumps 158% in Q1
Five new orders were secured during the quarter, taking value of order book to SG$148.8m
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