Company Financials – Page 46
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Brunswick swings to net loss for Q1
CEO McCoy: "No meaningful economic recovery" for 2009, but Brunswick is "successfully managing" its businesses through the downturn
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Bnteau reports net loss of 20m
French boatbuilding group Bnteau has recorded a net loss of 20.3m for the first half of 2008/2009 compared to a profit of 29.8m for the same period last year
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Gander Mountain reports record sales and higher net income for Q4
But the national chain of outdoor equipment stores, posting a net loss of US$9.4m for the year, says it is exiting the powerboat business
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Askeladden to restart production
The Norwegian boatbuilder is to resume production in the coming weeks
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Nimbus factory to restart production
A group of investors has taken over the former Nimbus factory on the island of Gotland in the Baltic Sea
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Resurrecting a popular brand: Louisiana investors buy VIP assets out of bankruptcy
The new owners have high hopes for the VIP, Baystealth and Deckliner brands
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Possible takeover at Sweden Yachts
Two Norwegian investors may take over the ailing boatbuilder after the company filed for bankruptcy on Monday
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Askeladden to restart production
Norway's largest boatbuilder, Askeladden, is to restart production after filing for bankruptcy in 2008
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US powerboat sales may be off by 20 per cent in 2009
Brunswick CEO says sales volume may fall below 150,000 units compared to 196,000 last year
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West Marine reports 6 per cent drop in sales in Q4
The national marine retailer also reported a net loss of US$29m for the quarter
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Norberto Ferretti and senior managers negotiate to buy back company
If negotiations pan out, Ferretti and senior managers would own the boatbuilding conglomerate, while private equity firms Candover and Permira would have no stake in the company
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Garmin reports lower sales and profits for Q4
Sales of marine products were flat for the quarter
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Volvo Penta reports Q4 drop in sales
Sales of engines to the leisure marine market fell by 32 per cent to SEK 1,412m in the fourth quarter of 2008
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Yamaha reports 18 per cent drop in marine sales
The company is also forecasting its first net loss in 26 years for 2009
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Brunswick sees 50 per cent decline in marine sales in Q4
Boat and engine sales were off by 25 and 17 per cent, respectively, for 2008
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Twin Disc reports slight drop in sales
The company expects revenues from megayachts and pleasure craft to be off for the rest of the year
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Brunswick amends credit revolving facility
The new facility should address concerns about Brunswick's liquidity going forward
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Marine business latest stock price review
In this week's share price review, Johnson Outdoors appoints Swedish distributor, Raymarine issues trading update and Rodriguez reports a 34 per cent drop in annual sales
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Investor holds positive outlook for industry growth
Speaking Tuesday morning to attendees at the 2008 METS ICOMIA Breakfast Briefing, Hugo Maurstad of Altor Equity Partners expressed optimism about the mid- to long-term outlook for the leisure marine industry
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Rodriguez Group reports 34 per cent decline in annual sales
The French builder has decided to "significantly" cut back production because of global economic circumstances
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