Company Financials – Page 43
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MIT receives Investors in People award
The UK's Marine & Industrial Transmissions (MIT) was honoured for its long-standing commitment to employee training
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Investors acquire majority stake in Sunseeker
A group of investors led by FL Partners, a Dublin-based private equity firm, have acquired a majority stake in the UK boatbuilder for 25m
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Marine business latest stock price review
In this week's share price review, Brunswick, West Marine, MPC, Cummins, Teleflex and Caterpillar all release Q1 results, Raymarine take over latest and Bayliner recruits more staff,
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Brunswick sees 15 per cent sales gain in Q1, and posts first quarterly operating profit in two years
Its stock jumps 16 per cent in early morning trading
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Oceanco changes ownership
Superyacht builder Oceanco has been acquired by Mohammed Al Barwani, a private investor based in the Sultanate of Oman
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Volvo Penta goes from loss to profit
The company has reported improved profitability and growing sales during the three months ended March 31, 2010
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Elan chairman expects to emerge from receivership in May
But the Slovenian firm is selling one of its boatbuilding facilities in Croatia
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Two analysts cite near-term caution on Brunswick
But both say the company has significant long-term earnings potential
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Actuant reports stronger Q2 results
While sales are flat with Q2 2009, they are up since the last quarter
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West Marine reports strong gains in 2009
The US accessories retailer finished the year debt-free, with a record amount of cash on hand. Net income reached US$12.4m in 2009, a gain of US$51.2m compared to fiscal 2008
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Marine business latest stock price review
In this week's share price review, West Marine delays earnings release, Brunswick shares 52 week high, Raymarine share price rallies
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West Marine delays distribution of annual earnings release
But the US accessories retailer says the fiscal year "exceeded our budgeted expectations"
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True Heading prepares for stock listing
The Swedish AIS specialist is preparing to float on the AktieTorget stock exchange
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Ekomarine to list on Swedish stock exchange
The Swedish developer of non-toxic antifouling Neptune Formula is to list its shares on the AktieTorget stock exchange
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Yamaha marine sales fall 37 per cent in 2009
The company said it expects to break even in 2010
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Twin Vee back in business, to merge with Sea Cat
The Florida builder of power catamarans was bought out of bankruptcy by its founder
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Rodriguez reports significant drop in sales
The French boatbuilder has reported a 73.4 per cent drop in sales during the nine months ended June 30, 2009
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Brunswick reports 22 per cent drop in Q4 sales, net loss of US$124.0m
But Brunswick forecasts increased production in 2010, with lower levels of discounts to move retail products