Company Financials – Page 38
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Mixed 2019 Q1 results for Suzuki
Suzuki Motor Corp released its 2019 first-quarter results on Monday, revealing lower overall sales and profits attributed to a sagging Indian automotive market offsetting gains in the company’s marine and motorcycle business.
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Cummins reports mixed bag in Q2 results
Cummins Inc has released its second quarter results reporting mild revenue increases overall in a generally flat market.
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Johnson Outdoors reports Q3 revenue gains
Marine and outdoor equipment manufacturer Johnson Outdoors Inc released its 2019 third quarter results on Friday, reporting higher revenues on the strength of solid fishing equipment sales.
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KVH marks strong Q2 results
Maritime VSAT provider KVH Industries Inc released its second quarter results on Friday, marking revenue gains and record product shipments.
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Garmin reports record Q2 revenues, profits
Marine electronics manufacturer Garmin Ltd. reported record revenues and profits in its second quarter 2019 results, released yesterday.
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FLIR posts strong Q2 results
US-based electronic equipment manufacturer FLIR Systems posted strong 2019 second quarter results this week, highlighted by year-over-year gains in revenues and gross profits.
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MarineMax Q3 sales up 6%
US dealership chain MarineMax released its 2019 third quarter results on Thursday, marking year-over-year gains in both revenue and net income.
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Brunswick’s 2nd quarter results show a weakening US market
The industry’s global leader posted a solid performance for the first half of 2019, but a slowdown in wholesale shipments reflects concerns about weaker market conditions for the remainder of the year
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Record Q2 sales for Marine Products Corp
US-based fibreglass boat builder Marine Products Corp has released its 2019 second quarter results, reporting record sales for the period.
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Polaris reports strong Q2 financials
Polaris Industries released strong 2019 second quarter results on Tuesday, driven in part by strong boat sales.
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AkzoNobel: strong results overall, but flat in marine coatings
Dutch paint and coatings manufacturer AkzoNobel has posted strong first-half results, including a €280m net profit, up 24% from the same 2018 period. It cited cost savings and higher prices for AkzoNobel products.
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Sunseeker reports solid growth in profitability
The UK’s Sunseeker International has reported substantial growth in gross margins and retained profit for the year ended December 31, 2018.
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Ancasta grows turnover from new-boat and brokerage sales
One of Europe’s largest boat sales networks, operated by Ancasta International Boat Sales Ltd, achieved a 2.7% increase in turnover for the year ended August 31, 2018, based on growth in both new-boat and brokerage sales. The group’s profit fell back because of increased distribution costs and administration expenses, and ...
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Premier Marinas reports small fall in profits
Premier Marinas Ltd, one of the UK’s largest marina operators, has reported a 6% fall in post-tax profits to £4.782m for the 2017-18 fiscal year to September 30, 2018 compared with £5.088m in the year previous. The figures were filed with Companies House, the UK business register.
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Camper & Nicholsons Marinas returns to profit
Camper & Nicholsons Marinas Ltd (CNM) saw a return to profitability in 2018, as shown by its most recent filing to Companies House, the UK business register. After tax, a loss of £40,948 in 2017 was transformed into a profit last year of £356,249.
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BRP posts 17% year-over-year quarterly growth
BRP is out with some strong financial numbers for its first quarter of 2019, showing 17% growth year-over-year from the period ended 30 April 2018.
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Suzuki posts strong 2018 marine performance
Global financial results for the 2018 fiscal year released by Suzuki Motor Corp reveal strong performance by its marine division
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Twin Disc opens distribution centre on heels of strong Q3 results
May has proven to be a good month for Wisconsin-based marine power transmission manufacturer Twin Disc Inc, as the company announced the completion of new global distribution centre and plans to expand a second facility on the heels of strong third quarter results.
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Positive Q3 for Malibu
Increases in both unit volumes and dollars-per-unit drove strong third-quarter results for Malibu Boats Inc on the strength of a surging US boat market.