Company Financials – Page 50
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Gurit lowers full-year forecast
The Swiss composites specialist has revised its full-year sales target for 2007 downwards following rapid expansion and rising material prices
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Brunswick reports 1 per cent drop in sales
Net income was US$1.9 million, a decline of 95 per cent compared to the same quarter a year ago
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Twin Disc reports record sales and earnings
Sales rose 12 per cent for its first fiscal quarter, while net income was up 39 per cent
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US financial analyst: Q3 boat sales down double-digits
RBC Capital markets sees potential downward revisions for Brunswick and MarineMax estimates for 2008
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Groupe Bnteau "calm" in face of weak US dollar and lower forecasts for new boats in the US
Speaking before its annual report is released this week, chairman Bruno Cathelinais said that the twin threats in the US market haven't hurt the French conglomerate
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Fountain ends fiscal year on US$5.0 million loss
Net sales were also down by 13 per cent for the year
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CNMI releases strong interim results
As of June 30, 2007, CNMI's net assets amounted to 48.4 million, and its cash balance was approximately 39 million
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Marine business latest stock price review
HanseYachts reports strong preliminary figures for fiscal 2006/07, the European Commission sanctions the proposed acquisition of Zodiac Marine by the Carlyle Group, and Brunswick voluntarily recalls 3,200 boats in Europe
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HanseYachts reports strong preliminary figures
Sales for the 2006/07 fiscal year soared by around 58.6 per cent to 105.2 million on the sale of 850 yachts
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Sunseeker reports record-breaking sales
The privately owned yacht builder has reported annual sales of 240 million an 18.5 per cent rise over last year's figure of 202 million
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Gurit releases first-half results
The Swiss composites specialist says that first-half sales grew by 19.5 per cent over the same time last year to CHF 224.4 million
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NMBA Report: US loan volume down, but values up
The US marine bankers association reports that the volume of marine loans originated in 2006 was down, but the average loan value rose
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Raymarine releases first-half results and acquires German distributor
The company says that sales in the first six months of 2007 grew by just 0.4 per cent to 83.7 million on account of a weak retail market in the US
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Lost patent verdict impacts Brunswick's second-quarter earnings
A US$3 million patent judgment against Mercury Marine has prompted Brunswick to restate Q2 earnings
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Brunswick reports 1 per cent decline in Q2 sales
Profits for the quarter fell by 29 per cent
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Volvo Q2 results reflect softer markets in North America and Japan
Although net sales for the quarter were up 5 per cent, income was down by six per cent to SEK 71.4 billion
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Brunswick's McCoy: 2007 will be "weakest year since 1965" for US boat retail sales
"My view is that it's not going to pick up," McCoy predicts for 2008. He also says Brunswick will reduce its boat brands and manufacturing footprint
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Gurit forecasts strong year-end results
The Swiss composites specialist says that full-year sales are expected to reach CHF 475 million
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West Marine lowers earnings guidance
The mass retailer expects same-store sales to decrease between 1.5 and 2.5 per cent
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Marine business latest stock price review
In this week's review, Cummins says it expects "dampened" sales growth for 2007; Volvo releases its Q1 results; and Yamaha Motor (UK) appoints a new marine dealer
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