All Boatbuilders articles – Page 151
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Invincible launches new cat, branding campaign as it enters international waters
With the Miami International Boat Show (MIBS) right in its backyard, Invincible Boats – maker of monohull and catamaran open fisherman-style offshore boats since 2006 – announced a new model and a new branding campaign as the company begins international operations as part of an aggressive growth campaign.
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Marquis Yachts in for the long haul; sale imminent
CEO Rob Parmentier: A deal could come as early as this week or next
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Case against Tectrax struck out in High Court
Sealegs International and its parent, Future Mobility Systems, have withdrawn their High Court claim against fellow New Zealand-based company Tectrax for alleged infringement of copyright in the unique arrangement of features in the Sealegs amphibious system.
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Grand Banks reports 10-year high for order book
Singapore-based boat builder of the Grand Banks and Palm BeachMotor Yacht brands posted a strong first half with a 66% increase in net profit to S$2.0 million (US$1.5m) and a net order book worth S$64 million (US$46m); the company’s Palm Beach GT60 (above) makes its debut at the Miami show ...
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Riviera signs on record number of apprentices for 2020
Boatbuilder welcomes 80 budding boatbuilders to its annual training program
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Sanlorenzo’s 2019 preliminary results show 39% growth in revenues
Following its IPO in December, Italian yachtbuilder Sanlorenzo posts strong gains in sales and profitability with EBITDA up 73.4% to €66m
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Norwegian builder invests in Lithuanian facilities
Marex is expanding its foreign presence amid rising sales
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Busy start to 2020 for McConaghy in both China and Australia
McConaghy, the specialist raceboat and multihull yacht builder, has had a busy start to 2020 at both its yards in China and Australia.
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Scout to unveil multiple new models at Miami show
Fibreglass boat builder Scout Boats will unveil a number of new outboard-powered day boat models at the Miami Boat Show this week which reflect unique design elements achieved through its vertical integration strategy.
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Malibu Boats reports solid Q2 sales
Higher sales, higher unit volumes and higher net sales per unit lead to solid second quarter for US boatbuilder
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Beneteau confirms positive outlook for 2020
French boatbuilder Beneteau Group confirmed a positive financial outlook for the Boat Division’s 2019-2020 financial year, based on ‘robust’ trends in European and charter markets
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Misty Harbor to close Iowa plant
Pontoon boat manufacturer Misty Harbor is closing its manufacturing plant in Iowa to consolidate operations at its headquarters in Indiana “to optimise operational efficiency and reduce logistical costs, the company announced Monday afternoon. 45 employees will lose their jobs.
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Softer Q2 for MasterCraft
MasterCraft Boat Holdings Inc reported declines in net sales, net income and adjusted ABITA in its 2020 second quarter results, reflecting impacts of a weather-dampened summer 2019 retail season and subsequent measures to “right-size” dealer inventories.
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Sanlorenzo opens new production facilities in Ameglia
The project began in 2018 and involved over 200 workers, 20,000 hours of design and 250,000 man hours
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Appointment at Beneteau
Groupe Beneteau announced last week that the company has named Bruno Thivoyon as its new group chief financial officer (CFO).
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David Tydeman leaves Fairline having fulfilled remit
Tydeman’s directorship at Fairline was terminated on January 14
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Brunswick details full year performance on analyst call
Despite a slight decline in 2019 sales, the industry’s largest company reports strong earnings with solid margin growth, delivering shareholders a tenth consecutive year of EPS gains. CEO David Foulkes tells analysts this afternoon why the company is ’built to win’
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Schaefer Yachts sees advances in its US business
Brazilian boatbuilder Schaefer Yachts says it is committed to continuing its efforts to develop the Schaefer line of motoryachts in the US market with a focus on styling and quality.
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Axopar 37 range reworked after only four years
Since it started operations in 2014, the Finnish Axopar brand has grown into the largest boating company in the Scandi countries. In that time it has sold over 2,200 boats which are now active in some 70 countries and another 500 or so are on order. The company has developed ...