Company Financials – Page 54
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Marine business latest stock price review
Twin Disc is a new entry in the share price review this week, the Rodriguez Group posts first-half results as shares dip to a new low, Volvo Penta has acquired Eastern Engine, and Westmarine posts Q2 results
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Fiskars acquires Sweden's Silva Group
The Finnish creative tools company strengthens its position in the outdoor recreation market by acquiring Sweden's Silva Group
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Marine business latest stock price review
ITT Industries reiterates June forecast, Marinemax expands credit facility, Ringprop suspends trading on AIM, and Volvo Penta installs first IPS in catamaran
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Jupiter Marine posts record revenue increase for third quarter 2006
The manufacturer of Jupiter semi-custom centre console boats reported a revenue increase of 37.2 per cent to US $4.1 million and an order backlog that remains steady at six months
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Marine business latest stock price review
The Bnteau Group releases third quarter sales figures and first-half results for 2006, ITT Industries acquires F.B. Leopold Company, Teleflex issues revised 2006 earnings guidance, and Yamaha Marine Co. builds new manufacturing plant
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Marine business latest stock price review
ITT Industries is expecting second quarter earnings to come into the higher end of its predicted range, and Johnson Outdoors has recalled its Scubapro X650 Stage Regulator
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Deutz first quarter figures show positive growth
The report is encouraging for the engine manufacturer as the first quarter of 2005 included contributions from the marine service business for the last time
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BRP investors could recoup C$300 million of original investment
The company has a plan to borrow C$900 million to finance the payout to the US-led shareholder group, fund operations, repurchase shares and refinance C$200 million of subordinated notes. It is also contemplating a possible IPO of the company
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Correction: Sea Front Development conference held during Beirut Boat Show
Daniel Natchez, first vice chairman of ICOMIA's Marinas Committee, was a keynote speaker at the conference
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Marine business latest stock price review
Fountain Powerboat Industries releases positive results for the third quarter and nine-month period ended March 31, 2006
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Marine business latest stock price review
Johnson Outdoors has posted results for its second fiscal quarter ended March 31, 2006
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Johnson Outdoors posts higher sales, lower profits for Q2
The electronics and boat manufacturer reported an increase in sales of one per cent for the quarter
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Deutz releases 2005 financial results
The company announced strong year-end results for 2005 after it exceeded targets, raised operating profit by 17 per cent, and reduced its debt
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Brunswick's Q1 sales increase by five per cent, but profits decline
The company reported higher sales in its marine engine and boat group divisions, but a decline in production at its boatbuilding facilities and a shift in product mix in outboards led to lower operating earnings. It expects cuts in "select products" to continue into the second quarter
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BRP reports lift in Q4 sales
The company also reported a lift in profits, and said that its rationalisation programmes are taking hold. But its Marine Engines division continues to lose money
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Analyst on Brunswick: Near-term caution, long-term opportunity
Edward Aaron of RBC Capital issued a report today, anticipating tomorrow's earnings release, saying that Brunswick may lower its '06 earnings guidance, but that the stock is undervalued
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Saltwater recognised as Investor in People
The UK-based marine consultancy firm is recognised as an Investor in People following a March assessment
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Xtreme Companies reports year-end sales
The boatbuilder reported record revenues for 2004, but also net losses for its fourth quarter and full-year results
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Clyde Marine announces 'disappointing' interim results
Chairman R.M. Swire said in a statement that the outcome was due to difficult market conditions exacerbated by significant management changes
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Software costs bring West's '05 results lower
The company restated its earnings due to cancellation of a software development programme. West posted a net loss of US$2.2 million for the year
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