Company Financials – Page 36
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NewsBrunswick 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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NewsSoft Q4 leads to full-year sales decline for Marine Products Corp
Marine Products Corp, manufacturer of the Chaparral, Robalo and Vortex boat brands, reported its fourth quarter and full 2019 financial results on Wednesday, with a softer Q4 leading to a slight overall loss for the full year.
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NewsMarineMax raises earnings guidance based on record Q1 results
America’s largest recreational boat and yacht retailer announced 26% growth for the quarter ending December 31 and has boosted its guidance for full 2020 earnings by 15%. The company’s share price jumped 20% in early trading in response to the news.
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NewsBeneteau’s activity report highlights a year of rapid expansion
Spend under 2 minutes to see the highlights of Beneteau Group’s 2018-19 fiscal year, in which the French builder sold more than 9,800 boats, introduced 32 new models and achieved revenues of €1.14 billion in it’s Boat Division
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NewsLiqui Moly reports record turnover
Liqui Moly, the German oil and additive specialist, has reported record turnover of €569m in 2019 – a 4% increase over the previous year and a new sales record.
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NewsPrincess Yachts seeks multi-million investment funding from shareholders to maintain expansion
Focus on new product development and facility expansion to meet demand
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NewsFountaine Pajot eyes investments in capacities amid higher sales
Boatbuilder’s higher revenues to stimulate investments
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NewsDiscovery Yachts Group overcomes financial troubles to secure future
Lawsuit over 2017 delivery will cost Discovery over £1.5m in compensation, repair and legal fees
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News2019 has been a crucial year for Fairline Yachts
The company has hopes of profitability after heavy losses during its first 3 years of operation. Fairline’s just-filed accounts for 2018 show a loss of £14.8m
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NewsDiscovery Yachts’ possible administration yet to be confirmed
UK builder reported to be facing financial difficulties
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NewsPositive Q4, 2019 FY for Johnson Outdoors
Continued momentum in fishing segment propels 14% sales gain for quarter, full-year revenue gain of 3%
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NewsBRP celebrates record Q3
Quebec, Canada-based BRP Inc released third quarter results for its 2019 fiscal year today, celebrating what president and CEO José Boisjoli described as the company’s best third quarter ever with year-over-year increases in total revenues, gross profits, net incomes and EBITA.
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NewsYamaha Motor’s share price jumps 13% on Q3 results
Japan’s top manufacturer of outboard motors, personal watercraft, and boats reported a 4% increase in marine revenues for the first nine months of 2019, and confirmed the company’s outlook for year-end results
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Osculati reports strong 2019 results
Italy’s Osculati Group has reported turnover of €72m for the year ended August 31, 2019 – an 8% increase over the same time last year. Positive performance was recorded across all markets and product categories, with sales in Italy up 5% and sales in the rest of Europe up 9%. ...
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NewsACI reports drop in profits for first nine months
The Croatian state-owned marina operator ACI has reported a 14.6% drop in profits for the first nine months of 2019. The company, which operates a chain of 22 marinas, achieved a profit of Kuna 33.7m – a Kuna 5.7m or 14.6% weakening in profits for the period ended September 30, ...
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NewsStrong Q1 for MasterCraft Boat Holdings
MasterCraft Boat Holdings Inc marked a strong start to its 2020 fiscal year, reporting gains in revenues, net income and adjusted EBITA among its first quarter results.
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NewsKVH reports softer third quarter results
Mobile connectivity and inertial navigation system manufacturer KVH Industries posted total revenues of US$39.3m in its 2019 third quarter results, while celebrating the shipment of its 10,000th VSAT system.
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