Sector News – Page 240
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NewsPolaris hints at further acquisitions in marine segment
2022 Analyst and Investor Day presentation notes marine segment positioned as strategic platform for future M&A activity
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NewsYamaha developing hydrogen-powered motor
Engine manufacturer in collaborative effort to bring next generation of engine to reality
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NewsStock watch: Zacks suggest four leisure stocks, three in boating
Investors should be eyeing the marine sector
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NewsCummins invests in next-gen propulsion systems
Decarbonisation seen as a significant growth opportunity for US engine builder
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NewsBattery production - the choke point for electric boating?
Market for both electric and hybrid boats to reach US$20b in the next five years
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NewsBeneteau 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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NewsePropulsion CEO on development of electric boating and 2021 unit sales
Electric engine builder predicts strong growth for 2022
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NewsRolls-Royce Power Systems business unit reports strong results
Underlying profits significantly increase, despite Covid
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NewsMiami show provides “outstanding” start for Brunswick
Boatbuilder and engine manufacturer says Miami show spotlighted advances made in its Next Wave and ACES strategies
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NewsNeander expands US distributor network
Diesel outboard manufacturer teams up with Florida’s ADR Power Systems
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NewsLargest refit sheds on Gold Coast, open for business
The Boat Works’ Mega Sheds now able to offer refit and refinishing work for superyachts up to 50m
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NewsMaltese prime minister stops controversial marina plan
Strong local opposition wins over political intent and poor consultation
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NewsNimbus 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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NewsDiesel gathers leisure momentum
Once the remit of the commercial sector, leisure boat users too are waking up to the benefits associated with diesel outboards, and not just in the higher horsepower ranges
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NewsSophistication migrates to the mid-range
Buyers of mid-range outboards want all the same features as the big motors, just in a more compact package
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