All articles by Subscriber-only – Page 20
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NewsTwin Vee revenues up, losses reduced in positive third quarter
US boat builder making progress on return to profitability through cost controls, dealer growth and monetisation of non-core assets
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NewsSunseeker International secures new capital injection amid restructuring
The UK luxury yacht builder is set to receive a multimillion-pound investment from Cheyne Capital and Cross Ocean Partners. Possible link with proposed acquisition of Sunseeker London
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NewsFlat revenues, lower profits in challenging Q2 for Suzuki
Higher material costs and unfavourable currency exchange eat at profits
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NewsMasterCraft first-quarter results exceed expectations
US boat builder reports 5.6% YoY revenue gain on higher volumes, prices
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NewsRecord new-unit marine bookings lift Twin Disc FQ1 sales nearly 10%
The US equipment firm reported a relatively strong fiscal first quarter 2026
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NewsCanada axes luxury tax on boats
Fall 2025 budget rescinds wildly unpopular tax on boats, autos and aircraft which led to job losses while failing to meet revenue objectives
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NewsMaltese builder unveils new flagship
The Petecraft 355 HC made its debut appearance at the 2025 Malta Boat Show
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NewsTrump tariffs head to court
US Supreme Court to hear arguments on Wednesday challenging new tariffs as unconstitutional
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NewsPrincess Yachts confirms 40 more jobs at risk
Latest cuts blamed on reduction in wholesale boat orders
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NewsBeneteau Q3 results reflect continuing challenges
Q3 sales decline by 3% but motorboat sales improve, sail still struggles; order intake up as a result of new model introductions and destocking reverses; turnround predicted in H2 with profitability restored; US Boat Club rental business being reviewed; US tariffs impacting sales
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NewsYamaha Motor to merge Finnish and Scandinavian divisions
The merger is set to take place later in 2025
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NewsQ3 sales flat, gross profits up for Myers
Growth in Signature, Scepter business units drive profit gains
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NewsFinnish boat retailer files for corporate restructuring
Two of the company’s main creditors oppose the move
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NewsPatrick Q3 revenues up 6%, marine revenues up 11%
Growth attributed to lean channel inventories as US market shows signs of stabilisation
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NewsUS dealer expands Gulf Coast footprint with latest acquisition
Deal adds Alabama and Florida locations to Ashley Marine’s growing southeast network
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NewsUS tariffs prompt top SA yard to outfit boats in US on trial basis
Hammer Yachts says the move could benefit South Africa if it leads to increased production
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NewsMood index: EU business, consumer survey results pick up in October
Rising confidence across almost all sectors fuels growth in the European Commission’s Economic Sentiment Indicator
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NewsXylem reports 8% Q3 revenue gain
Q3 results exceed expectations for Jabsco, Rule and Flojet parent
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NewsMalibu FQ1 “modestly exceeds” management expectations
The US builder has maintained its full-year guidance, expecting net sales to be flat to down by mid-single digits year over year
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NewsLippert Q3 revenue up 13%
Higher revenues, profits on stronger RV OEM and aftermarket performance
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