All articles by Subscriber-only – Page 231
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IBEX webinar: Supply chain woes not mitigating soon
Supply chain expert Andrea Sordi airs his views as part of the IBEX 365 Education Series
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Nimbus reports strong year-end results
Swedish builder reached net sales of just over SEK 1bn in 2020
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NZ marina developer welcomes court decision
Consent granted for construction of new marina on Waiheke Island
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Patrick Q1 sales up 44%, net income up 124%
US component manufacturer posts robust Q1 numbers on strength of continued strong demand for boats, RVs
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Brunswick: “Fantastic start to 2021”
In a wave of positive first quarter financial results, it’s hard to find new superlatives to describe unprecedented boating industry growth: today US boating leader Brunswick reports nearly 50% increase in revenues and builds more than 9,400 boats in Q1
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Perini Navi rescue deal put forward by owning company Fenix
€50m capital increase projected in deal with Italian investment fund
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Yamaha CEO issues European-wide apology
Yamaha Europe president makes heartfelt apology to dealers and customers regarding supply problems
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Hurricane Boats expands manufacturing
US fibreglass boat builder begins production at former Rinker plant
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OneWater Marine reports record Q2, 74% revenue hike
US boat retailer “firing on all cyclinders”
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First European Covid impact study shows mixed impact on industry in 2020
Report also notes optimism for the years ahead
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Marine Products Corp reports strong Q1 results
Chaparral, Robalo and Vortex boats parent reports 106% YOY increase in operating profit, 92% gain in net income
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Canadian electric fan manufacturer expands
Caframo adds more employees and production space in bid to keep up with surging market
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Polaris touts unprecedented Q1 demand
US based Polaris Inc. – producing outdoor on and off-road vehicles including snowmobiles, motorcycles and boats in the deck and pontoon segment – exceeded expectations in its first quarter despite substantial supply chain challenges.
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Garmin Q1 revenues up 25%
Double-digit growth with strong contribution from marine segment helps propel electronics manufacturer to another record quarter
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U-Boat Worx delivers five subs, expects to double that by year’s end
All models ended up on high-luxury expedition cruise ships or superyachts
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Fountaine Pajot becomes first yacht-builder to offer hydrogen as onboard energy option
Energy Observer Developments’ system will replace gensets to provide clean electricity
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Singapore webinar: Boat hire and charter sectors see substantial growth
Singapore Marine Guide’s marine tourism webinar shows demand for boat hire and charter services is growing alongside yacht sales
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Superyacht service firm starts 2021 strongly with record order book
FY2020 saw moderate drop in results
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Fountaine-Pajot projects double-digit growth
France’s second largest boat builder, Fountaine Pajot, reported results for the first half of fiscal 2021 and is optimistic for the remainder of the year
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Vaan Yachts sees drive for sustainable boatbuilding finding a market
Dutch builder prepares for launch of first highly sustainable sailing cat