All articles by Craig Ritchie – Page 38
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NewsCaterpillar reports double-digit gains across the board in ‘better than expected’ Q2
22% growth in revenues, 88% growth in operating profit and 75% gain in adjusted profit per share highlight strong second quarter results for US engine builder
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ElectrifcationPortuguese start-up debuts solar-powered charging dock concept
Faroboats unveils innovative solar-powered dock with integral EV charging capability
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NewsIntellian targets small vessel market with new satcom partnership
Collaboration with SK Telink aims to ‘significantly enhance’ satcom service for smaller yachts and fishing vessels in the Asia Pacific market
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NewsRecord Q2 for OXE Marine
Swedish diesel outboard builder records highest quarterly revenues in company history driven by growth in Americas
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NewsTohatsu, Honda to develop electric outboard
Joint development agreement will see outboard manufacturers collaborate on electric propulsion system for small boats
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NewsStrong Q2 for Brunswick despite June IT incident
Market share gains and improving boat sales help offset revenue impact of IT security event estimated in US$80m - $85m range
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NewsManagement appointments at IMTRA
US importer names new vice president of operations, HR director
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NewsRecord Q2 revenues, margins for Teledyne
Raymarine parent reports net sales of US$1.42bn, net income of $185.3m in strong second quarter driven by high demand for imaging equipment
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NewsNew president for Trivantage
Bret Kelley to head US fabrics manufacturer upon retirement of outgoing president Steve Ellington in January 2024
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NewsRecord Q2 for Marine Products Corp
Chaparral, Robalo boats parent reports increased revenues, gross profit, gross margin and net income despite softening market
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NewsStrong Q2 leads Polaris to raise full-year guidance
Marine division posts market share and profit margin increases despite overall sales decline on softer pontoon market
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![Hubbell CEO Gerben Bakker[12]](https://d1ajyvl96t5n4x.cloudfront.net/Pictures/100x67/9/6/9/35969_hubbellceogerbenbakker12_455663_crop.jpg)
NewsHubbell Q2 revenues up 9%
Electrical equipment manufacturer anticipates full year growth of 8% to 10% on strength of steady market
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NewsManagement appointments at Suzuki Marine US
Cerka, Ewing named to general manager roles as outboard engine builder positions for future growth
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NewsFreedom Boat Club to open 400th location
New Jupiter, Florida location set to begin operations in August
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NewsRegistration opens for MRAA Dealer Week
US dealer event to deliver three days of educational seminars and onsite trade show with exhibits from boatbuilders, suppliers and dealership service providers
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NewsYanmar America launches parts e-commerce platform
New e-commerce website to enhance customer service to end users by facilitating access to common service parts
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NewsRecord Q2 earnings for Volvo Group
Net sales jump 11% and Volvo Penta net sales increase by 18% despite challenging macroeconomic trends and a softening leisure marine market
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NewsBrunswick preliminary Q2 results down following IT incident
Second quarter revenues of US$1.7 bn fall below expectations in the wake of IT-related security incident revealed in June
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NewsDisappointing Q3 for Vision Marine Technologies
Higher costs, lower revenues spell difficulty for Canadian electric boat, motor manufacturer
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NewsStrong marine division performance drives solid Q2 for Dometic
Record operating cash flow of SEK 2.3 bn earned on strength of higher marine division revenues
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