All Power and Motorboats articles – Page 11
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NewsGlobal boat demand drives expansion and job growth at Brunswick
The boating industry’s largest player, Brunswick Corporation, is undertaking substantial expansion in the US, Mexico and Portugal to respond to unprecedented demand for new boats
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NewsSunseeker posts 2019 gains
Financial accounts for UK boatbuilder Sunseeker International filed this week show the builder doubled its profits on a modest gain in revenues in 2019; significant financial restructuring will allow the company to carry forward with a launch plan to extend its range to 20 models.
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NewsUS boat sales hit 13-year high in 2020; boom to continue
With heightened interest in outdoor recreation and ways to social distance, consumer demand for new boats is expected to carry over into 2021 and beyond
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NewsChris Craft is part of Winnebago Q1 gains
Strong consumer interest in the outdoors continued to drive sales, revenues and profitability in the first quarter, ending 28 November, for the manufacturer’s portfolio in recreational vehicles and Chris Craft boats
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NewsFountaine Pajot expects 2021 recovery
French catamaran builder Fountaine Pajot and parent company of Dufour Yachts confirmed its 2020 fiscal results confirming the negative Covid impact on both revenues and profitability
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NewsHanse Yachts establishes new technical centre
Germany’s HanseYachts and its Polish subsidiary TTS jointly launched the BALTICDESIGN Institute today
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NewsNew team takes the helm at Italy’s Fiart
October saw Ernesto De Bartolomeis, general manager of Fiart and grandson of the founder, leave the Italian yard. A new team is now in place to steer several new model launches which mark the company’s 60th anniversary.
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VideoIBI Interview with head of US boating association (trailer)
In the latest installment of the IBI Interview series, IBI Contributor Craig Ritchie speaks with NMMA President Fred Hugelmeyer about the state of the US boating market and the prospects for the association’s boat shows in 2021. IBI plus subscribers, can watch the full video by clicking here.
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NewsWorkforce dispute at Beneteau quickly resolved
Last Tuesday morning workers walked out of the Beneteau factory in Challans, in Vendée on the French Atlantic coast, though the dispute lasted less than 24 hours. In early September, Beneteau announced its plans to address the consequences of the Covid-19 pandemic, launching job protection plans (PSE) and the closure ...
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VideoIBI speaks with management team at Fairline Yachts
IBI Editor Ed Slack speaks with Fairline Yachts; Peter McNulty, Chief Operating Officer, and Jason Carley, Chairman in the UK about the boating market, the builder’s strategy during the pandemic and upcoming plans.
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VideoIBI Interview with top execs at Fairline (trailer)
In the latest installment of the IBI Interview series, Ed Slack speaks with Fairline’s Chief Operating Officer Peter McNulty and Chairman Jason Carley. IBI plus subscribers, can watch the full video by clicking here.
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NewsBRP posts Q3 growth in sales and profits
As with other peers in the recreational sector, BRP saw continued momentum in consumer demand and growth in new entrants through its FY2021 third quarter, ending 31 October.
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NewsUS posts second highest monthly boat sales in 10 years
After a brief respite in July and August, US new boat sales took off again in September, nearly beating the highest monthly sales in more than a decade.
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FeatureKiwi big-boat boom
With more than 80 boats over 10m currently in build or on contract in New Zealand, it seems that the Kiwi big boat industry is still very much alive and well. In fact you could say it has never been stronger.
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NewsBetter than forecast results for Groupe Beneteau
The multi-brand French boatbuilder said the company is benefiting from its global, multi-segment positioning against the adverse environment of Covid 19
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NewsFountaine Pajot reports 2019-20 turnover
France’s second largest boatbuilder has released preliminary information for its fiscal year, ending August 31 noting a significant impact stemming from the Covid-19 crisis
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NewsGrand Banks achieves Q1 profitability
Despite dampened business sentiment due to the COVID-19 pandemic, Grand Banks Yachts Ltd recorded quarterly revenue of S$24.6 million (€15.2m) for the three months ending 30 September 2020 – a dip of 5.7% compared to the same quarter last year. The Singapore publicly-listed company – parent of the Grand Banks ...
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NewsUS boat sales expected to hit 13-year high
NMMA reports 2020 has been a banner year for new power boat retail sales
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NewsHanseYachts makes investment case
German boatbuilder HanseYachts presented its performance and outlook at an investor conference in Munich today, reporting solid post-Covid demand
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NewsBeneteau sells US plant; scales back at other facilities
Group Beneteau’s US production facility in Marion, South Carolina is being purchased by a fibreglass pool manufacturer, while the Group reduces production capacity and headcount across other facilities
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