All articles by Arlene Sloan – Page 7
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News
New OXE Marine CEO meets industry at Miami
OXE Marine was on hand at the Miami boat show during an eventful week in which it confirmed a new CEO, completed a deal with US-based Diesel Outboards and released 2021 financials.
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Dometic: “We’re walking the talk”
President and CEO of Sweden’s Dometic Group, Juan Vargues, will be in Miami this week to reiterate why Marine remains a key part of the equipment manufacturer’s portfolio even as it propels the business forward on a massive strategic transformation first communicated to the market in 2019
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Sanlorenzo presents message of financial strength and consistent growth
Perotti buys 50m superyacht to support brand’s sustainability commitment
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Teledyne: “Raymarine had a great year”
In his Q&A with analysts following the company’s results webcast, Teledyne’s CEO made several specific comments on Raymarine’s performance, including a response to analysts’ speculation about divestitures
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Volvo increases deliveries amidst a turbulent year
Volvo Group’s marine engine business reported a 21% boost in net sales for 2021, which carried through the fourth quarter with strong demand in the leisure marine market
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Brunswick aiming for $10bn in revenues; profits up 59%
Closing out 2021 with another record year of growth, US-based Brunswick Corporation projects up to $7bn in total sales for 2022 and $10bn by 2025, with gains coming across all segments of the business in both domestic and international markets; continued M&A activity on the horizon
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French builder anticipates a year of growth
France’s Fountaine Pajot Group has confirmed its growth prospects for the company’s financial year which runs through August 2022
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UK and USA to open negotiations on tariffs
Trade representatives for the UK and US have agreed to begin negotiations on retailiatory tariffs that include US-made boats
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Profit guidance for Grand Banks
Shareholders have been advised about the group’s financial performance during the first half of fiscal 2022
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A record year for Europe’s RV market
2021 sales of new RVs (towable and motor caravans) provided the best annual result in the industry’s history and a good indication of demand trends for outdoor leisure products in Europe; more growth expected for 2022
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Chip shortage drives European car sales to record lows
Hampered by the pandemic and a shortage of semi-conductor chips, auto industry figures released today show that EU car sales hit a new low in 2021
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Top 20 UK companies
As part of its annual overview of the UK boating market, IBI highlights the top 20 companies in the British leisure boating sector
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UK
Lockdown proves leveller but boatbuilders look to future
After a tough year of lockdowns, UK builders have been grappling with supply chain and logistical issues as they seek to maximise unprecedented demand in 2021. Perhaps not the ideal time to fuel further orders, but who could turn down a marketing boost from the ultimate brand ambassador – James ...
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Top management change at HanseYachts
New operations manager comes aboard; Gerhardt to step down on 1 February
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boot Düsseldorf cancelled for January 2022
For the second year running, boot Düsseldorf has been forced to cancel one of the world’s largest boat shows due to mounting Covid infections and new regulations announced by the German government
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HanseYachts marks 13-year record in Q1, in spite of supply shortages
Germany’s largest production boat building group offers fascinating insight into supply chain challenges holding it back from an even stronger performance in the first quarter of fiscal 2021-2022
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Yanmar reports on first-half financials
Japanese industrial manufacturer, Yanmar Holdings, reported a strong lift in consolidated sales – which includes Yanmar Marine – for the first half of 2021
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IBI Tech Talk on Connectivity
IBI’s Ed Slack discussed one of the hottest topics in the boating industry – Connectivity – with ASG’s Ton de Winter and Navico’s Knut Frostrad during METSTRADE for insights on the latest trends and challenges in this rapidly developing area
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News
A good time to sell? IBI assesses mergers and acquisitions deals
With some 70 M&A deals in the recreational boating sector already logged in the second half of 2021 including this week’s €200 million transaction, is it the right time to consider a sale?
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News
IBI Tech Talk at METSTRADE 2021 - Remote monitoring and the Internet of Things
IBI live from METSTRADE 2021 studio