Company Financials – Page 27
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NewsPatrick Q1 sales up 44%, net income up 124%
US component manufacturer posts robust Q1 numbers on strength of continued strong demand for boats, RVs
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NewsBrunswick: “Fantastic start to 2021”
In a wave of positive first quarter financial results, it’s hard to find new superlatives to describe unprecedented boating industry growth: today US boating leader Brunswick reports nearly 50% increase in revenues and builds more than 9,400 boats in Q1
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NewsOneWater Marine reports record Q2, 74% revenue hike
US boat retailer “firing on all cyclinders”
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NewsMarine Products Corp reports strong Q1 results
Chaparral, Robalo and Vortex boats parent reports 106% YOY increase in operating profit, 92% gain in net income
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NewsPolaris touts unprecedented Q1 demand
US based Polaris Inc. – producing outdoor on and off-road vehicles including snowmobiles, motorcycles and boats in the deck and pontoon segment – exceeded expectations in its first quarter despite substantial supply chain challenges.
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NewsGarmin Q1 revenues up 25%
Double-digit growth with strong contribution from marine segment helps propel electronics manufacturer to another record quarter
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NewsFountaine-Pajot projects double-digit growth
France’s second largest boat builder, Fountaine Pajot, reported results for the first half of fiscal 2021 and is optimistic for the remainder of the year
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NewsBoat sales up 19% in Catana’s first half
The Catana Group, French builder of the Catana and Bali catamaran ranges, confirmed its growth target for fiscal 2021 with a strong order book
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NewsMarine sector adds to record Q1 at Dometic
Sweden’s Dometic Group reported a record start to 2021 despite supply chain challenges, and provided details on latest acquisition
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NewsBoat show organiser Informa reports £1.14bn pre-tax loss for 2020 as Covid pandemic hits results
2021 seen as transition year as physical events make a comeback
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NewsAnother record quarter for MarineMax
Second quarter revenues up 70% overall and gross margin hits 30% as America’s biggest dealership chain raises FY2021 guidance
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NewsVolvo Penta sees strong orders in Q1
Strong profitability and market demand highlighted Swedish engine maker Volvo Penta’s first quarter in 2021, along with continued supply chain disruption
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NewsFerretti reports record-breaking quarter
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NewsSanlorenzo shareholders approve €10million dividend
The Ordinary Shareholders’ Meeting of Sanlorenzo SpA was held today under the chairmanship of Massimo Perotti, approving the company’s financial statements for fiscal year 2020 as well as distribution of of a dividend of €0.30 per share, gross of withholding tax, for a total amount of €10.3 million. Perotti, Chairman ...
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NewsAkzoNobel posts strong Q1 2021
The paint and coatings specialist is the market leader in Marine and Yacht Coatings, providing further detail on performance of the sector in the latest results
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NewsOyster Yachts returns to profit; turnaround plan underpins future growth
Yacht production turnover to double by 2022 supported by strong sales and demand
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NewsComponent supplier Patrick Industries to refinance debt
American equipment and component supplier Patrick Industries has announced a private offering of $350 million of senior debt notes; investor presentation details the company’s key performance indicators for the marine sector
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NewsMarina group SUTL reports fall in 2019 revenue and profit
ONE°15 marina brand has projects in Thailand, China, Indonesia and Malaysia underway
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NewsBRP’s final quarter ends on a surge, CEO references increased PWC output in Mexico
Powersports and propulsion specialist BRP highlighted a strong end to the financial year and outlined what it called “ambitious plans” for the marine sector today during a webcast with analysts.
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NewsMarine share prices lose ground
IBI’s stock ticker for marine companies was decidedly in the red yesterday, after share prices for most publicly-trade boating companies saw strong downward movement on Tuesday, in step with a general downturn in major indices for the day. At one point, MarineMax shares were down 9.9%, Malibu’s ...
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