All articles by Subscriber-only – Page 27
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News
Lakes Act key to expand and improve recreation infrastructure
The Act will be a major topic of discussion at the American Boating Congress this week
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Springer bids adieu to Malibu
Outgoing CEO Jack Springer says his decision to step down was not taken lightly
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News
Another tough quarter for Johnson Outdoors
Second-quarter revenue and profit declines across all operating segments underscore challenging market conditions for US watercraft and equipment manufacturer
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News
Investigation into antidumping, countervailing duties to coincide with ABC
Proposed duties on aluminium extrusions into the US will be high on the agenda when the ABC convenes in Washington next week
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Twin Disc acquires power transmissions specialist
US equipment firm to close on deal in next 30 to 40 days
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News
Pre-owned sales one bright spot in soft Q2 for OneWater
US boat retailer saw revenue decrease 7% in the fiscal second quarter
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News
Patrick reports higher revenues, margins, incomes in solid first quarter
Rebound of recreational vehicle sector offsets soft marine market for US engineered components manufacturer
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Malibu Boats reports dismal Q3, revises 2024 guidance
US builder anticipates year-over-year decline in annual net sales of around 40%
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News
Cummins Q1 revenues down, but profits up
US engine builder raises full year guidance on strong outlook
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Xylem Q1 revenues up 40%
Rule, Jabsco and Flojet parent raises full year guidance on strength of encouraging demand picture
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News
Wells Fargo – don’t expect US rate cuts till September
US bank’s April economic outlook says finance sector in a holding pattern, with no rate adjustments expected until Q3
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Stabilisation
The self-levelling yacht - CMC Marine spearheads use of advanced sensor tech
Harnessing artificial intelligence with powerful and responsive actuators and hydrodynamic comtrol surfaces can eliminate much of the movement associated with seasickness
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News
Record Q1 for Garmin
Consolidated sales up 20%, marine sales up 17% as electronics manufacturer reports record financial results across four of five business segments
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Philippine Coast Guard calls for foreign yacht entry ports
Recommendation comes following a major drugs haul at a police check point in Batangas
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News
Sales, earnings, margins all up for Twin Disc in F3Q
Marine sales lead growth at US equipment manufacturer
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News
2023 sees dramatic jump in Croatia’s nautical tourism revenue
Berth rentals were the most significant contribution to growth
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News
Mixed Q1 for Hubbell Inc
Electrical equipment manufacturer reports revenue gains as cost increases reduce profits
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News
Technological neutrality key to marine industry sustainability
Why decarbonisation initiatives cannot take a ‘one-size-fits-all’ approach
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Soft furnishings
Poltrona Frau and the evolution of onboard furniture
Marco Gaspari, head of the Italian furniture specialist’s marine unit, talks design trends and the evolution of onboard furniture
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News
First quarter gain in US RV shipments brings optimism to US marine sector
A 9% year-over-year increase in wholesale camper deliveries through the first three months of 2024, combined with good winter boat show sales, suggest brighter days ahead for the leisure marine segment