Company Financials – Page 30
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NewsStrong Q4 drives Johnson Outdoors to higher full-year earnings
Gains in revenues, profits led by strong sales of watercraft and fishing products; supply chains remain stretched
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NewsBRP posts Q3 growth in sales and profits
As with other peers in the recreational sector, BRP saw continued momentum in consumer demand and growth in new entrants through its FY2021 third quarter, ending 31 October.
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NewsProduction move impacts OXE Marine results; BMW to co-brand OXE300
OXE saw a busy third quarter with a 77% jump in its order book, further development plans with BMW and Evoy, preparations for production in the US and Poland, and first sales to China via partner Parsun Power
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NewsUS dealer group OneWater posts record sales
OneWater Marine – one of America’s largest boat retailers – topped $1 billion in sales for the first time; the company also expanded its reach in Florida with another acquisition
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NewsMarine stocks continue upward march
News on several fronts of the pending success of a Covid-19 vaccine and promising treatments boosted stock indices around the world this week, sending share prices of marine industry companies upwards with them. Amidst news of the worsening outbreaks in America and Europe, the prospects of a viable vaccine certainly ...
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NewsMasterCraft posts most profitable first quarter in company history
Lower unit sales volumes attributed to supply chain challenges offset by delivery of more content-rich product as US boatbuilder ramps up for continued production increases
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NewsSanlorenzo sales remain on par with 2019
The Board of Directors of Italian yachtbuilder Sanlorenzo SpA today confirmed and approved the company’s results for the quarter and nine months ending 30 September. Consolidated net revenues from the sale of new yachts for the first nine months of 2020 totalled €322.6 million, compared to €322.8 for the same ...
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NewsYamaha first three quarter results, marine down 10.9%
Net sales for Yamaha Motor Company’s consolidated accounting period for the first nine months of the fiscal year ending December 31, 2020 were ¥1,067.1 billion (a decrease of ¥200.1 billion or -15.8% compared with the same period of the previous fiscal year). Operating income was 56.4 billion yen (a decrease ...
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News‘Phenomenal’ first quarter for Malibu
Growth in net sales, gross profit and net income point to strong start to 2021 FY for US fibreglass boatbuilder
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NewsSuzuki Marine has credible first-half year
While total corporate results showed sigfnificant weakness, Suzuki’s Marine division produced first-half results virtually level with 2019…
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NewsFLIR releases Q3 results ‘in line with expectations’
FLIR reported third quarter financial results in line with expectations on the strength of growing military sales Virginia, US-based FLIR Systems Inc released its third quarter financial results on Friday, reporting strong earnings, a healthy backlog and the reinstatement of its 2020 guidance. For the quarter ended ...
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NewsLippert reports ‘exceptional’ Q3
US-based Lippert Components added its Q3 results to the recent stream of good sales and revenue reports coming out of the third quarter, generated by the unexpected surge in demand for outdoor products in 2020 – including boating.
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NewsBrunswick reports ‘outstanding’ Q3 and is bullish on 2021
The industry’s largest company said it outperformed the market in its third quarter ending September 30, achieving double-digit growth in sales and earnings. Historically-low boat inventory levels position the company exceptionally well for the remainder of the year and throughout 2021.
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NewsRV, marine drive Patrick Industries' strong Q3 growth
OEM component manufacturer Patrick Industries showed strong third-quarter growth that belies an otherwise off year due to Covid-related shutdowns of its facilities and the many industries it serves.
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NewsThird quarter brings mixed bag for Xylem
Xylem Inc released its third-quarter financial results on Thursday, reporting overall revenues of US$1.22bn for the period and marking a 6% year-over-year decline from the $1.29bn reported for the third quarter of 2019.
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NewsKVH posts strong Q3 results
Gains in both product and mobile connectivity service sales drive “strongest Q3 in years”
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NewsGarmin record Q3 results buoyed by strong marine sales
Marine segment posts 54% YOY revenue growth, 152% increase in operating income
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NewsMarineMax posts record Q4 and year-end results
America’s mega boat and yacht retailer group, MarineMax, achieved the company’s highest ever revenue and earnings for the fourth quarter and year-ended September 30, making it one of the industry’s largest companies.
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NewsSurprise Q3 results for Marine Products Corporation
Marine Products Corporation, makers of Chaparral, Robolo and Vortex boats, surprised Wall Street with its third quarter results that saw a nearly 10.5% reduction in unit sales and a 4.8% drop in sales revenue reported at US$68.7m.
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NewsHubbell feels Covid pinch in 2020 Q3 results
Declines in net sales, gross profits and net profits point to continued uncertainty in the power market
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