All articles by Subscriber-only – Page 86
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Sanlorenzo exceeds 2022 financial targets
Italian luxury yacht builder Sanlorenzo has reported double-digit growth in revenues, order backlog, and other key metrics at the close of 2022
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Finnish boat industry returns to ‘normal’
2022 boat sales reflect more nomal activity but remain above pre-pandemic levels
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Zhik launches crowdfunding effort to support growth plans
A$4m equity crowdfunding campaign backed by equity firm Nightingale Partners
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X Shore touts technology in Seattle
Swedish firm has the fully-electric boat segment to itself at the 2023 Seattle Boat Show
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US dealership buys former Eichenlaub Boatyard location
Jeff Brown Yachts is the new leaseholder of the historic Shelter Island site
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SA hails milestone of first 3D printed yacht
The 45ft powerboat is currently under construction in Cape Town
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New Turks & Caicos resort to include 60-berth marina
The South Bank development is due for completion later this year
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Sunseeker reports “significantly improved” financial results for 2021
Revenues jump but Covid-19 causes drop in earnings; builder in strong position for 2023-24
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Another record Q2 for MasterCraft
Ninth consecutive record quarter for US boatbuilder delivers highest ever Q2 net sales, net income and adjusted EBITDA
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AkzoNobel reports grim 2022 due to inflation, lower volumes, higher costs
Double-digit loss in operating income for Dutch paint and coatings specialist
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UK study says business leaders distrust each other’s climate claims
75% of business leaders don’t believe their peers’ environmental reporting, but 81% do believe their own
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Baltic Lifejackets reports strong global sales
Exports have overtaken domestic sales for the first time, says Swedish firm
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Expanded distribution yields record growth for Nimbus Group
The Swedish builder’s strategy to geographically diversify its dealer network and product offering paid off in higher Q4 and 2022 sales
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“Propulsion of the future” poll an instructive addition to boot Düsseldorf
The findings reveal industry thoughts on looming energy transition
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Xylem Q4 earnings up 14%
Full-year revenues for Rule, Jabsco and Flojet parent jump 6% to US$5.5 bn on strength of sustained demand and strong backlog execution
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Malibu sees record FQ2 with saltwater segment leading growth
US builder delivers fantastic quarter as momentum continues
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Osmosis enters supply deal with Indmar
Correct Craft-owned telematics firm to integrate connectivity platform into full line of Indmar marine engines
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Mercury Marine president steps down, replacement named
Chris Drees to leave Brunswick to pursue opportunities outside the marine industry