Company Financials – Page 24
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NewsMarine Products Corp Q3 sales up 10%
Sales gains offset by supply headwinds to yield flat operating profit, net income for US boatbuilder
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NewsRecord Q4, full-year results for MarineMax
World’s largest boat dealer reports 16% Q4 revenue gain, record gross margin, record FY revenues and EPS that exceeds guidance
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NewsPolaris boat sales grow 18% in Q3
Net sales flat but supply constraints impact overall profitability for US boat, powersports equipment builder; FY guidance adjusted down to 16% YOY gain
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NewsPrices still going through the roof, reports Dometic
In line with a predominant theme emerging in marine industry third quarter financial reports, material and freight costs are exerting a significant influence on Dometic’s business against a backdrop of continuing high demand
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NewsDemand is greater than supply everywhere, says Volvo Group
In his presentation with investors today, Volvo Group President and CEO Martin Lundstedt explained how the company delivered solid results despite persistent headwinds in the supply chain
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NewsRaw material prices figure heavily in AkzoNobel Q3 results
Dutch multinational specialist in paints and coatings, AkzoNobel, discussed the significant impact raw material inflation is having on the business in today’s call with investors
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NewsWinnebago reports record US$1bn Q4, $3.6bn FY revenues
Strong continuing demand for boats and RVs propels US builder to best-ever financial results
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NewsHanse bullish on outlook despite Covid impact on profits
With manufacturing operations in Germany, Poland and France, the German boatbuilder experienced significant Covid disruptions to its business, particularly in France and in Griefswald due to restrictions on the normal cross-border flow of employees between Germany and Poland.
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NewsCovid hits 2020 financial results at Princess Yachts
In the context of accelerating sales, UK luxury motoryacht builder Princess Yachts reported a decline in both turnover and profitability for 2020 due to closures lasting between 6 and 8 weeks across its production sites
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NewsBeneteau posts first-half growth in revenues & earnings
Despite a disruptive cyber attack and contraction in fleet sales, France’s Beneteau Group returned to growth in the first half of its financial year ending 30 June.
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NewsBRP predicts US pontoon market will hit 100,000 units
A global leader in powersport vehicles, boats and propulsion systems, BRP finished the second quarter of its fiscal year ending 31 July surpassing market estimates for earnings & revenues. Discussing results with analysts, the manufacturer also provided volume expectations for its new ‘Switch’ pontoon range
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NewsRecord Q4, 2021 FY for MasterCraft
US boatbuilder posts record 2014% Q4 sales gain to conclude most profitable fiscal year in company history
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NewsGrand Banks improves profits despite shutdowns
The luxury motorboat builder remains in a lockdown imposed by the Malaysian government on 1 June, but benefitted from strong demand
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NewsMalibu boat group sees record Q4, fiscal 2021 year-end growth
US towboat builder saw sales gains across all market segments; company nears a major milestone in revenues
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NewsNimbus reports robust boat sales & orders for Q2
Sweden’s largest boatbuilder, the Nimbus Group, reported robust demand across the company’s traditional markets in Sweden, the Nordics and Europe, along with growing success in America. CEO Jan-Erik Lindström provided additional colour on the company’s progress in a call today with analysts.
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NewsTwin Disc Q4 sales up 11%
Higher sales and profit gains highlight fourth quarter and full fiscal year for US marine transmission builder
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News“Unprecedented” third quarter for Johnson Outdoors
Fishing revenues up 51%, watercraft sales up 30% as US recreation products manufacturer reports “another quarter of unprecedented results”
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NewsYamaha marine business sees significant growth
Half-year results reveal sales and profits for period to June 31
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NewsMyers Industries Q2 revenues climb 58%
Gains in revenues, operating income, net income and adjusted earnings-per-share point to strong quarter for US plastics manufacturer, in spite of rising input costs
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NewsCummins reports strong Q2 results
Near 60% sales growth and triple-digit gains in operating income, net income driven by surging North American markets
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