All Power and Motorboats articles – Page 7
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News
Hanse reports record-high orderbook
German boatbuilding group, HanseYachts, said its order backlog as of 31 March is more than double the previous-year level, although supply chain challenges continue to have a detrimental impact on profitability
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Princess issues statement on sale rumours
The UK boatbuilder responds to rumours that it could be for sale following Sky News article
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Grand Banks reverses shutdown losses
Luxury motorboat builder Grand Banks Yachts updated the company’s financial results today for its fiscal third quarter ending 31 March 2022
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Yamaha Marine records growth despite logistical problems
Outboard engine sales particularly strong
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And the winner is… Astondoa’s online marketing campaign proves hit
More than 10,000 followers registered their vote to choose the interior look of latest launch
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Germany
Germany | CEO insights from Hanse & Bavaria
The new bosses of Germany’s two largest series boatyards – HanseYachts and Bavaria Yachtbar – are united in their struggle with supply chains. They share their visions for the respective brands, and insights on how they are adapting to a fast-changing market
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Beneteau releases Q1 results & 2022 outlook
France’s leading boatbuilder and the world’s largest sailboat producer says boat markets are performing well and updates its outlook for the remainder of the year
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Record order book at Nimbus
Sweden’s Nimbus Group echoed reports of strong boat demand across its markets in Europe and the US
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Beneteau CEO to step down
Other key changes include new Boat Division CEO and board appointments
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America’s Cup team launches hydrogen-powered chase boat
Emirates Team New Zealand has launched its prototype hydrogen-powered foiling chase boat in Auckland
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Italy’s Ferretti Group valued at €890m
After a successful IPO in the context of very uncertain times, Italian luxury yacht builder Ferretti Group will start trading on the Hong Kong exchange Thursday
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BRP Q4, full-year revenues up nearly 30%
Marine segment revenues up 7.6% in fourth quarter propelled by launch of Sea-Doo Switch pontoon boat line
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Unique conveyor production system key to success says Linssen Yachts
The Dutch motoryacht builder began with a single Logicam line in 2006
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Beneteau returns to profitability; robust growth to continue
The Beneteau Group released earnings results this evening showing improved profitability for 2021 with projections for further gains in 2022. The builder’s statement also included comments on the Ukraine-Russia conflict
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Sanlorenzo confirms financial results and 2022 order status
Leading Italian yacht builder, Sanlorenzo, continued to build its order book with new contracts in the first two months of the year and reiterated low risk in terms of the Russian yacht market
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UIM bans Russian and Belarusian motorboat competitions
The world governing body for all powerboat activities reaffirms solidarity with Ukraine
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Italy’s Monfalcone yard becomes
Groupe Beneteau ItaliaFormerly dedicated to production of the Monte Carlo Yachts brand, the Monfalcone shipyard is now a multi-brand facility for French boatbuilder Groupe Beneteau
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Beneteau finished 2021 with boat revenues up 10.7%
France’s Beneteau Group posted a strong end to the year with particularly robust boat sales in the fourth quarter
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Nimbus sees faster growth through company-owned dealers
Sweden’s largest boatbuilder saw robust gains in both revenues and profitability in 2021, underpinned by an ongoing strategy of vertical integration into the retail segment, along with expanded distribution in promising growth markets
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As forecast, Grand Banks posts loss for 1st half
The luxury motoryacht builder was shutdown due to Covid-imposed restrictions for much of the company’s first quarter, running from July through September 2021