Brunswick details full year performance on analyst call

Brunswick's David Foulkes

Despite a slight decline in 2019 sales, the industry’s largest company reports strong earnings with solid margin growth, delivering shareholders a tenth consecutive year of EPS gains. CEO David Foulkes tells analysts this afternoon why the company is ’built to win’

Brunswick Corporation (BC) reported fourth-quarter and annual financial results for 2019 that show a slight decline in sales but “strong earnings performance with solid margin growth,” according to the company’s report released today.

For the whole of 2019, Brunswick’s unadjusted sales were US$4.11 billion, down from the US$4.12 billion reported in 2018. US $49.4 million of sales related to Sport Yacht and Yachts, were excluded from adjusted reporting. Diluted EPS in 2019 was $0.36 on a GAAP basis and $4.33 on an adjusted basis, a 4.8% increase from 2017….

To continue reading IBI’s full report on Brunswick results and today’s investor call, please see the options below for subscribing to our Premium Content.

To continue reading this article…

   Already registered?   

Create a FREE account

To continue reading this article you must
register for a free account and login.

FREE REGISTRATIONAlready have an account? Sign in

Subscribe to IBI Plus

Subscribe today and recieve
instant unlimited sitewide access.

START YOUR IBI PLUS TRIALAlready have an account? Sign in