All articles by Arlene Sloan – Page 20
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News
Yamaha marine sales up 6.4% in 2018
The industry’s second largest marine manufacturer records value and unit sales growth in 2018 and aims for ambitious targets in 2021.
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Dometic Group posts record 2018
Dometic Group reported record sales and earnings for its 2018 year-end and fourth quarter results. The marine segment is playing a bigger part in the Swedish equipment company’s success.
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US equipment company Lippert reports 15% growth
Lippert Components is on a fast-track to diversify from the RV sector by expanding in marine markets and other adjacent industries
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Update: Beneteau projects slowdown in 2019 boat market to +2%
The stock market has reacted negatively to Beneteau Group’s FY 2018-19 outlook (announced after the close of the Paris stock exchange yesterday) in which the French builder projected a slowdown in the global boat market.
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Brunswick: record earnings & 9th year of growth
Brunswick Corporation announced 4th quarter and 2018 year-end results today with total marine revenues of US$4.12 billion for the year, up 12% (adjusted)
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British marine firm to appear in BBC program on Brexit
Barton Marine CEO outlines the impact Brexit will have on her company for BBC television show
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Control of Cannes boat show awarded to Fédération des Industries Nautiques (FIN)
The Paris High Court (Tribunal de Grande Instance de Paris) has issued a ruling in favour of the French boat industry federation (FIN) in its case against UK-based Reed Exhibitions concerning control of the Cannes Yachting Festival.
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News
World's largest charter operator forms boat club partnership with Zodiac
Global manufacturing partnership means Zodiac Nautic becomes the exclusive supplier of semi rigid boats to Dream Boat Club
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Retail executive to head up West Marine
America’s largest marine equipment retailer has gone outside of the boating industry to find its new CEO
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US powerboat registrations up 4.6% in September
US registrations for new powerboats were up 4.6% in September on a rolling 12-month year-over-year basis (R12M YOY), according to preliminary data released today by the National Marine Manufacturers Association (NMMA). Source: Discover Boating, NMMA The seemingly unending appetite for ski and wakeboard boats, pontoon boats and ...
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Brian Scott named president of Brunswick's Attwood Division
Scott will head up one of Mercury’s key brands in the parts and accessories business
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Bavaria purchase confirmed
German-based investment fund will take over one of the industry’s most high-profile builders; continued dealer loyalty key to success
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Article
Brunswick remains bullish about 2018 results
World’s largest boatbuilder reports 2Q /1st half results
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Article
Beneteau reports robust growth in boat sales
Strong boat orders from Europe and fleet demand drove 7% revenue growth for the French builder’s first nine months (at constant exchange rates)
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US trade war intensifies
25% tariffs on boat parts imported from China went into effect Friday
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Brexit hardliners resign from UK cabinet
The departure of Boris Johnson and David Davis suggests a softer Brexit stance for the UK
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Binding offers for Bavaria due by Friday
It is believed the German sailing yacht and powerboat builder will soon be purchased and recapitalised
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EU tariffs on US boats effective today
A 25% duty was levied by the EU earlier than expected on a range of US products including boats
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European dealers cancel US boat orders in anticipation of tariffs
Industry leaders on both sides of the Atlantic appeal to Trump
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Article
Sea Ray deal nears conclusion
Informed sources suggest that an agreement to purchase Sea Ray will be reached within a matter of weeks