Company Financials – Page 52
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Fountain sees sales and profits decline in second quarter
The company expects to end its fiscal year with about US$66 million in sales compared to US$79.2 million last year
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MAN breaks fiscal end of year record
The Group has announced an operating profit of 1.105 billion
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Marine business latest stock price review
In this week's review Caterpillar is facing a class-action lawsuit; Camper & Nicholsons float on London's AIM stockmarket; and Cummins, ITT and Volvo release strong end of year results
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Marine business latest stock price review
In a busy week, Brunswick shares rise despite a 2 per cent decline in sales; Caterpillar celebrates record results again; Deuxmil Marine shares continue to drop; Johnson Outdoors faces a 1 per cent decline in sales; MarineMax records big sales but faces a big net loss; MPC announces a 20 ...
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Brunswick shares lift on news of quarterly loss
As Dusty McCoy tells investors that 2007 will be the worst year for marine industry since 2000, its stock soars nearly 10 per cent
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Brunswick sales drop two per cent for Q4
The company also posted a net loss of US$53.2 million. McCoy: "We will be reducing production through at least the first half of 2007"
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Twin Disc posts record fiscal Q2 results
The company's net earnings rose 127.8 per cent for the quarter and sales were up 30 per cent
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Virginia governor proposes boat user taxes return to state boating agency
Timothy Kaine's budget would return US$400,000 to the Virginia Department of Game and Inland Fisheries this year, and US$1-2 million next year
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Mastervolt's Strategy for Growth reaps record net sales
Sales reached almost 40 million for 2006, representing an increase of 25 per cent on 2005
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Analysts lower estimates on industry weakness
Financial analysts have lowered their earnings estimates for Brunswick, MPC and MarineMax, after MarineMax reported a lower earnings guidance for 2007
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UK leisure marine industry on upward swing
According to the British Marine Federation, UK companies generated sales of around 2.8 billion during the 2005/6 financial year
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MarineMax chief sees "increased softness" in US marine industry
The national boat retailer today lowered its earnings guidance for 2006, and expects to post a loss in first-quarter profits
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West Marine Q4 sales down while same-store sales remain flat
West Marine cut 35 "underperforming" stores during the last two quarters for long-term growth. Net sales for 2006 rose by 3.3 per cent
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Business opportunities
IBI reveals details of three new business opportunities in Guam, Turkey and Argentina
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Business opportunities
IBI reveals details of two new business opportunities in Guam and Turkey
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Marine business latest stock price review
In the share price review this week, Bnteau and Zodiac release year-end results, Zodiac shares dip to a 52-week low and Johnson Outdoors posts its Q4 figures
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Deutz releases promising Q3 results
The German marine engine manufacturer saw new orders climb by 19 per cent during the first nine months of the year to 1,235.7 million
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Fountain Q1 sales rise slightly, but posts net loss
The company said setting up an international dealer network, sales incentives to dealers and a new lean manufacturing system added to the lower bottom line
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Camper & Nicholsons launches 200 million marina fund
The Camper & Nicholsons Marina Investment fund will invest in Mediterranean and American marinas
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Cummins enjoys historic Q3 results
The company reported a record-breaking 18 per cent increase in net earnings on a 14 per cent increase in sales, compared to the same period in 2005