Company Financials – Page 39
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MasterCraft reports strong Q3 results
MasterCraft Boat Holdings Inc delivered strong third quarter results with total net sales of US$128.4m, reflecting a near 37% year-over-year gain against sales of $93.8m reported for the prior-year period.
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Higher Q2 revenues, profits for Johnson Outdoors
Higher revenues and operating profits highlighted second-quarter results for Racine, Wisconsin-based marine equipment manufacturer Johnson Outdoors Inc.
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Beneteau growth outpaces market
French boatbuilder reports 6% gain in revenues for the first half of its financial year and confirms full-year growth estimate of 4-6%
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Brunswick drops 11% following earnings news
Financial performance from Brunswick’s largest retailer may have contributed to the sell-of
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Brunswick reports “strong results” in Q1
Engine sales help drive robust growth despite Brunswick’s exit from sport yacht market
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FLIR reports solid Q1 results
Sensing technology manufacturer posts higher revenues, margins, profits and earnings
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MarineMax Q2 up 12%
For the six-months ended March 31, 2019, revenue increased approximately 8%
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Marine Products Corporation posts higher Q1 sales
Chaparral, Robalo Boats parent posts 7.1% revenue gain for its first quarter of 2019
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Ferretti reports strong 2018 financials
Italy’s Ferretti Group presented its 2018 financial results in Milan today, confirming its growth and financial solidity. Total profit after tax was up 29% to €31m compared to the previous year. The consolidated production value rose to €669m, growing by 7.5% compared to €623m in 2017. EBITDA stands at €53m ...
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DP World boosts revenues by 20%
DP World, the parent company of P&O Marinas, Dubai Maritime City and Drydocks World, has reported a 20% increase in revenues for the financial year ended December 31, 2018. The acquisition of Dubai Maritime City (DMC), a key facility for yacht repair, maintenance and refit work, along with the purchase ...
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KVH reports strong Q4, 2018 full-year financials
Revenue gains in its fourth quarter supported a strong fiscal 2018 for Middletown, Rhode Island-based mobile connectivity and inertial navigation systems provider KVH Industries as the company released its Q4 and 2018 full year results.
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Winch Design reports strong 2017/18
London, UK-based superyacht design studio, Winch Design Ltd, increased its turnover and pre-tax profit in the financial year ended May 31, 2018. The company, which also undertakes design work on houses, aircraft and other projects, described its yacht design activity as being ‘stable’.
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Mixed first quarter for Johnson Outdoors
Racine, Wisconsin-based marine equipment and watercraft manufacturer Johnson Outdoors has announced lower sales and higher net income year-over-year for the first quarter of the company’s 2019 fiscal year.
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SUTL Enterprise reports fall in 2018 net profit
Singapore-listed marina developer and operator, SUTL Enterprise Ltd, has reported a net profit of S$5.8m for the year ended December 31, 2018. This is a 14% fall compared with the restated S$6.8m recorded in 2017. Earnings per share slipped to S6.71 cents as against S7.81 cents in the year previous.
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Garmin posts strong Q4, 2018 full-year results
Garmin ended both its 2018 fourth quarter and full fiscal year on a high note, reporting higher revenues, gross margins, operating margins and operating incomes driven in part by strong contributions from its marine segment.
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FLIR posts Q4, full-year results
Wilsonville, Oregon-based FLIR Systems posted mixed results for its fourth quarter and 2018 full year, with lower revenues offset by record adjusted earnings on the strength of improved margin performance.
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AkzoNobel reports mixed 2018; Vows ‘to invest in growth’
AkzoNobel NV, the Dutch-based multinational maker of decorative paints and performance coatings, has reported mixed 2018 results due to adverse currency movements, pricier raw materials and lower volumes.
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Yamaha marine sales up 6.4% in 2018
The industry’s second largest marine manufacturer records value and unit sales growth in 2018 and aims for ambitious targets in 2021.