All articles by Subscriber-only – Page 31
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NewsMarine Products reports mixed full-year, Q4 results
Signs of recovery in Q4 offer encouragement following tough 2024
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NewsAl Seer Marine reports operational growth amid market-driven recovery
2024 revenues driven by diversification across key sectors
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NewsSchaefer Yachts targets European market in Düsseldorf
Brazilian builder talks to IBI about the latest company developments
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NewsLittelfuse Q4, full year results “in line with expectations”
US electrical component manufacturer posts flat Q4 revenues in soft market
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NewsNew Polboat report identifies Poland as Europe’s largest yacht-building nation
Polish yards build around 25,000 boats each year, of which 95% are exported
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NewsAkzoNobel sees no major 2025 market rebound; relies on ‘self-help’
CEO says company’s goal this year is to get adjusted EBITDA above €1.55bn
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NewsRevenues down but profits up for Volvo Group
Q4 revenue decrease offset by full-year profit gains following challenging year for Swedish truck and engine builder
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NewsPolaris 2024 Q4 revenues down 23%
Fourth quarter marine segment revenues drop just 4% while segment gross profit margin dips by 65 bps on managed inventory reduction initiatives
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NewsSpirit Yachts reports on first year after changed ownership
UK boatbuilder very active on new builds, refits and new designs
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NewsBureau Veritas and SGS end merger talks
The merger would have created a €30bn venture with key yacht and marine interests
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NewsFSG Nobiskrug administrators in advanced talks with potential investors
Insolvency proceedings start on February 1
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NewsEx-bookkeeper defrauds Royal Hakvoort for almost €2m
Dutch court convicts former employee for embezzlement
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NewsFairline Yachts placed into administration after change of ownership last month
Around 100 workers were made redundant just two weeks after new owners took over
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NewsItalian subcontractor sets up own superyacht brand
The Giangrasso Group partners with Ocean Independence in exclusive global sales deal
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NewsTwin Vee reports strong start to 2025 after difficult Q4 2024
US catamaran builder is seeing a noticeable uptick in orders
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NewsSir Ben Ainslie and Ineos part ways
Ineos Britannia has announced they are entering the next America’s Cup themselves
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NewsVanquish Yachts’ 12-strong portfolio keeps luring buyers
Dutch yard’s founder talks to IBI about his efforts to grow the business
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NewsFountaine Pajot unveils strategic plan extending to 2028
The move builds on the success of Odyssea 2024 which saw group become a much larger player in the European boating market
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NewsMarineMax sales, revenues, profits lower; margins higher amid “muted demand”
CEO Brett McGill tells analysts that higher margins helped insulate the business in FQ1
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NewsSouth Africa reports growth in visiting cruising yachts in 2024
The increase coincides with a similar increase in the number of visiting superyachts
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