All articles by Subscriber-only – Page 37
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NewsTwin Disc has solid FQ3, led by marine segments globally
Outlook for the balance of the fiscal year is positive
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NewsMasterCraft Q3 results beat expectations
Planned volume reductions yield lower income but improved dealer pipeline as US boatbuilder adjusts to ‘evolving macroeconomic conditions’
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NewsKVH Q1 revenues down, but losses reduced
Expense reduction initiatives and higher demand for Starlink, CommBox Edge offerings credited with improved financial picture for US satcom firm
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NewsGlobal launch of the Azimut Grande 25 Metri announced in Brazil
The new model is in production and will be presented later this year
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NewsCummins Q1 revenues, profits dip
Engine builder withdraws 2025 earnings guidance as it navigates “increasingly challenging” business environment
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NewsNew Jersey dealer buys marina for US$5.2m
Acquisition brings new business opportunities with expanded storage space and facilities for larger boats
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NewsPort Denarau Marina invests in superyacht infrastructure
New jetty extension and associated dredging scheduled for completion this year
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NewsWill Trump tariffs trigger new logistics disruptions?
As the last pre-tariff shipments arrive in US ports from China, experts say economic uncertainty could lead to a repeat of 2021’s supply chain upheavals
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NewsDay 2 of Balearic Superyacht Forum - superyacht refit sector in the spotlight
Accuracy of quotes, scope for standardisation, and recruiting and training enough people among issues addressed
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NewsJohnson Outdoors Q2 revenues down, profits up
$54m lower operating expenses bring higher net results, but revenue decreases across all business segments remain a concern
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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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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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NewsAuto tariffs may impact marine parts, Trump moves to prevent tariff stacking
The NMMA continues to monitor and analyse developments
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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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NewsAlva Yachts sold to Australian firm
Acquisition creates “the world’s largest solar yachting company”
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