All articles by Subscriber-only – Page 17
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NewsWichard to open new mast facility in western France
The new factory will produce masts under the group’s Sparcraft brand
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NewsAuto tariffs may impact marine parts, Trump moves to prevent tariff stacking
The NMMA continues to monitor and analyse developments
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NewsLittelfuse Q1 revenues up 3.5%
Growth driven by solid electronics segment demand recovery and robust growth in the industrial segment
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NewsLower Q1 sales but stronger profits for Hubbell
Gains led by strong performance of electrical solutions segment, which includes Hubbell’s leisure marine business
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NewsUS consumer confidence sinks in April
Growing concerns over tariffs, overall economic outlook puts US consumer confidence at lowest level in five years
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NewsOneWater sees modest FQ2 decline
Drop in new boat sales offset by US dealer chain’s other revenue streams
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NewsFlat Q1 revenues but higher profits for Myers
Gross margin up 33%, operating income up 53% and net income up 94% YoY as internal restructuring drives efficiency improvements
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NewsPatrick Q1 sales up 7%
Gains in RV and housing sectors offset decreases in marine and powersports segments for US components manufacturer
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NewsFrench initiative to bolster leisure marine industry by region
The Occitanie region in southwest France was the first to receive help in 2024
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NewsAlva Yachts sold to Australian firm
Acquisition creates “the world’s largest solar yachting company”
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NewsSafe Harbor sale puts Florida marina redevelopment in doubt
St Petersburg’s Municipal Marina is now owned by global investment firm Blackstone
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NewsRecord Q1 revenues, operating income for Garmin
Net income up 20% YoY as electronics giant calls for full-year revenues in the range of US$6.85bn
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NewsTurkish brokerage builds first in-house designed yacht
The official Benetti distributor has just launched a 12m motoryacht
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NewsCaterpillar Q1 revenues, earnings down
US engine builder reports lower numbers across the board
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NewsPolaris reports 12% Q1 revenue decrease
Marine segment revenues drop 7% on lower volumes as US boat and powersports equipment builder withdraws 2025 earnings guidance amid tariff uncertainty
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NewsVolvo Group Q1 revenues down 7%
Volvo Penta down 3% in period marked by tariffs, stock market upheavals and decreasing consumer confidence
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NewsMarineMax CEO: recovery may be slower than anticipated
The US firm is approaching the spring selling season with increased caution
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NewsDometic Q1 sales dip 11%
Continued OEM, aftermarket softness in ‘turbulent market’ offsets gains from new product launches and cost reductions
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Paints and CoatingsEnvironmental awareness driving innovation
Technological advances, regulatory pressures and environmental awareness continue to drive innovation and product refinement in the ever improving marine coatings sector
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