Company Financials – Page 11
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NewsPolaris reports steep rise in Q3 earnings
Marine sector earnings increase 42% year-over-year in face of reduced supply headwinds
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NewsCiting macroeconomic turmoil, AkzoNobel drops 2023 earnings goal
Dutch coatings and paints giant abandons goal of posting EBITDA of €2bn in 2023
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NewsWinnebago hits $1.1bn in Q4 revenues; remains bullish about boat business
Marine division revenues jump 81.8% on quarter, over 630% on full year
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NewsPrincess 2021 revenues recover; losses reduced
UK luxury builder is looking to improve efficiencies to build 300 yachts a year
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NewsGroup Beneteau | 2022 half-year earnings
Latest financials reveal buoyant market despite supply chain challenges
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News2021 growth for UK luxury boat distributor hits 19%
Despite a year of continued ’abnormal conditions’ Orca Marine sees continued growth
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NewsRecord Q2 revenues for BRP
Canadian boat and PWC manufacturer delivers record second quarter sales and EBITDA while forecasting stronger second-half to 2023 fiscal year
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NewsMasterCraft reports record financial results as it sells off NauticStar business
Seventh consecutive record quarter, second consecutive record year and confirmation of fishing brand divestiture cap big week for US boatbuilder
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NewsFerretti orders still on a roll
The Italian builder logs another €300 million in orders since the end of June
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NewsSanlorenzo posts 1st half growth across all financial metrics
The Italian luxury yacht builder also made a number of other significant announcements (see related stories): Employees to get extra compensation as offset for inflation New service venture to be anchored by acquisition of high-end charter business Sanlorenzo bets on hydrogen fuel cells for sustainability ambitions, backed by new ...
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NewsTwin Disc sees dramatic turnaround with highest quarterly net income in a decade
Hinkley Yachts’ SilentJet cited as important component of long-term growth
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NewsGrand Banks finishes FY 2022 on a high note
The Malaysia-based yacht building group saw off the impact of multiple Covid-related closures to end its 2022 financial year profitably and with a robust order book
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NewsLimestone reports improved financials, dip in production
Canadian boatbuilder expects positive trend to continue
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NewsMalibu Boats ends fiscal ’22 with more record-breaking performance
CEO Jack Springer tells analysts in an earnings call that results surpassed expectations with revenues, volumes and profits all up strongly
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NewsLeading UK marine and leisure equipment distributor reports record sales of £59.5m
Business shows reassuring growth as industry benefits from the covid factor. Pre-tax profits exceed £5 million.
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FeatureWhere will consumer demand for boats go next?
IBI has been taking the latest pulse on the market with in-depth coverage of Q2 financial reports from all the major industry players around the world, including CEO comments to analysts; most of them had something to say about consumer demand…
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NewsTwin Vee reports 158% jump in Q2 revenues
Establishment of Forza X1 electric boat division as independent financial entity to strengthen Twin Vee results through second half of 2022
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NewsHigh gear for Suzuki North American engine sales
Global outboard engine maker Suzuki is among companies reporting record high net sales and operating profit in its most recent quarter
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NewsYamaha’s marine business outpaces overall results
Yamaha Motor reports robust demand and higher outboard sales for the first half of 2022
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NewsKVH Q2 revenues down 4% as company exits inertial navigation business
Sale of inertial navigation segment to Emcore Corp brings $55m in cash
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