Company Financials – Page 8
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NewsExpanded 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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NewsXylem 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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NewsMalibu sees record FQ2 with saltwater segment leading growth
US builder delivers fantastic quarter as momentum continues
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NewsCummins 2022 revenues up 9%
Gains in revenues, profits driven by strong demand in global markets, offsetting declines in China and suspended operations in Russia
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NewsQ1 a mixed bag for Johnson Outdoors
Rebound of fishing segment revenues offset by higher operating costs and slowing sales in watercraft, camping sectors
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NewsTwin Disc sees continued improvement in FQ2
But global supply chain challenges continue to limit growth
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NewsUK legal practice posts record profits for fiscal 2021-22
Hill Dickinson provides services to the yacht and superyacht industry
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NewsBrunswick delivers best Q4 in company history
Read IBI’s full analysis: Brunswick caps 2022 with record sales, operating margins and operating earnings, with an all time best in the boat business; 2023 sales expected to be flat to slightly up
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NewsAcquisitions boost sales and margins at OneWater Marine
But US retailer lowers full-year outlook, anticipating flat to modest same-store sales
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NewsHubbell revenues jump 10% in Q4, 12% over full year
Easing input costs lead electrical equipment manufacturer to forecast 2023 sales gains of 5% to 7%
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NewsRecord Q4 and 2022 full-year revenues for Polaris
Continued growth of boat division helps drive full-year revenues to over US$8.5bn
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NewsDouble-digit Q4, full-year sales growth for Caterpillar
US engine builder posts higher earnings on strength of marine engine and parts sales
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NewsMarine segment is strong performer in Dometic’s Q4
In the context of a challenging macroeconomic environment and high channel inventories, Sweden’s Dometic Group reported record sales for the 2022 financial year, achieving growth of 38% to SEK 29.8 billion, through the end of December. Adjusted operating profit (earnings before interest, tax and amortisation) rose to SEK 3.9bn, ...
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NewsVolvo chalks up record sales and electrification gains
Even with all-time high revenues and profits, the Volvo Group still fell slightly short of analysts expectations for the fourth quarter while CEO Lundstedt warned of ongoing supply chain issues
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NewsLippert makes surprise release of preliminary Q4 results
RV and marine component manufacturer Lippert provided an early indication that fourth quarter sales and profits will come in lower than expected; extra Q4 costs appear to include severance payments for staff reductions
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NewsMarineMax reports jump in Q1 revenue, gross margin
But stock price falls after cutting 2023 guidance and revealing a return of industry seasonality together with increased economic challenges
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NewsMarine Products Corp reports record Q4, full year revenues
Improving supply environment and continuing high demand drive double-digit increases in both revenues and profits for US boatbuilder
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NewsItalian Sea Group orderbook surpasses €1 billion
Italian yacht builder (ITSG) approved preliminary 2022 results today in addition to sharing its 2023 outlook with the financial community
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NewsCatana reports continued growth momentum
French multihull specialist, Catana Group, has reported robust revenue gains for the first quarter of its 2022-23 fiscal year, and foresees a strong 2023-24
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NewsFountaine-Pajot posts solid results for 2022 financial year
The French builder reported revenue gains and a strong uplift in profitability, while also reaffirming its sustainability commitment
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