Company Financials – Page 20
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Dometic reports marine sales as separate segment
In its first quarter reporting on Marine as a separate segment, Sweden’s Dometic Group provided significant insight in to how the business has developed since 2017 when it acquired SeaStar Solutions
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Cummins raises guidance on strong Q1 results
Record first-quarter revenues of US$6.4 bn mark 5% YoY gain over Q1 2021
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Financials Friday: IBI’s round-up of the key Q1 financials reported this week
Supply chain and logisitics challenges take their toll, but outlook remains favourable
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Patrick Industries sees 58% jump in Q1 sales
US equipment supplier predicts marine growth through 2024
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Brunswick says consumer demand is holding firm
With top-line growth across all segments, Brunswick Corporation boosted its guidance for 2022 citing improved visibility for the year and confidence in sustained consumer demand
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Ferretti reports strong order-taking in Q1
In its first few weeks as a public company, Italy’s Ferretti Group posted strong first quarter results and expressed confidence in the remainder of 2022
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MarineMax sees “sustainable growth” through 2024
US boat and yacht retailer raises fiscal 2022 guidance for second time
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Garmin Q1 revenues a record $1.17bn
Marine revenues up 21% in strong first quarter, despite ‘old and new’ headwinds
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Supply chain, logistics challenge Q1 revenues for Marine Products Corp
Component shortages and logistics bottlenecks lead to lower revenues and profits
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Polaris Q1 sales flatten under supply chain woes
Marine segment leads with 6% YoY sales growth, to $211.5m
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Hubbell reports Q1 sales, profit gains
Electrical equipment manufacturer reports 21% YoY revenue increase and near-40% jump in net income, reflecting what CEO describes as a “strong start” to 2022 fiscal year
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Volvo Penta parent group reports Q1 results
Sweden’s Volvo Group, parent to marine engine maker Volvo Penta, released financial results today for the company’s first quarter highlighting ’continued strong performance’
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“Vigorous pricing” fuels strong Q1 earnings for AkzoNobel
Dutch multinational reports strong revenue growth in bothg paints and coatings
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Croatian marina chain exceeds 2021 financial expectations
ACI Marinas operates a network of 22 marinas along the Adriatic coast
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US brokerage posts record sales and revenues for 2021
Victory Marine Holdings presents year-end financial overview
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Oyster reports ‘full build-bays’ but delayed return to profitability
In financials results for its latest fiscal year ending March 2021, Oyster Yachts saw its 3-year turnaround plan delayed, while strong demand continues to boost revenues
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TISG confirms 2022 guidance, reports significant growth in 2021 net sales
The Italian Sea Group confirms guidance for 2022 on back of strong results
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Italy’s Ferretti Group valued at €890m
After a successful IPO in the context of very uncertain times, Italian luxury yacht builder Ferretti Group will start trading on the Hong Kong exchange Thursday
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BRP Q4, full-year revenues up nearly 30%
Marine segment revenues up 7.6% in fourth quarter propelled by launch of Sea-Doo Switch pontoon boat line