Company Financials – Page 14
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Malibu Boats records Q3 driven by pricing strategy, product mix and production efficiencies
CEO Jack Springer announces strong fiscal third-quarter earnings
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Q1 a mixed bag for KVH
Hardware sales declines partially offset by higher service income, leaving US satcom provider calling for full-year revenue growth of between 2% and 5%
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Supply chain bites Johnson Outdoors in tough Q2
Year-over-year gains in watercraft, camping gear and diving equipment sales not enough to offset supply-related speed bumps in fishing business as US equipment manufacturer reports overall revenue, profit declines
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Sanlorenzo posts strong Q1 results, confirms 2022 guidance
In a two-day event hosted in Venice for analysts, leading Italian yacht builder Sanlorenzo highlighted its latest financials, sustainability efforts and growth initiatives
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Record order book at Nimbus
Sweden’s Nimbus Group echoed reports of strong boat demand across its markets in Europe and the US
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OneWater adjusts 2022 outlook up, continues acquisition strategy
US dealer says fiscal second-quarter results were better than anticipated
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Record Q1 for Myers Industries
Significant YoY increases in revenues, gross earnings and net profits lead US plastics supplier to raise 2022 outlook
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Twin Disc reports Q3 revenue, profit gains
Third-quarter sales jump 2.9% year-over-year as US propulsion equipment manufacturer sells off historic company headquarters
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OXE Marine kicks off Q1 with new commercial model
Diesel outboard producer started 2021 on a strong footing with a new organisation encompassing both its Swedish origins and new business operations in the USA
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Xylem Q1 revenues reach US$1.3bn
All business segments surpass previous guidance, leading to higher full-year outlook
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Limestone Boats expects 2022 to be “transformative” given backlog and demand
Canadian boatbuilder reports strong fiscal Q4 earnings
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Dometic reports marine sales as separate segment
In its first quarter reporting on Marine as a separate segment, Sweden’s Dometic Group provided significant insight in to how the business has developed since 2017 when it acquired SeaStar Solutions
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Cummins raises guidance on strong Q1 results
Record first-quarter revenues of US$6.4 bn mark 5% YoY gain over Q1 2021
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Financials Friday: IBI’s round-up of the key Q1 financials reported this week
Supply chain and logisitics challenges take their toll, but outlook remains favourable
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Patrick Industries sees 58% jump in Q1 sales
US equipment supplier predicts marine growth through 2024
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Brunswick says consumer demand is holding firm
With top-line growth across all segments, Brunswick Corporation boosted its guidance for 2022 citing improved visibility for the year and confidence in sustained consumer demand
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Ferretti reports strong order-taking in Q1
In its first few weeks as a public company, Italy’s Ferretti Group posted strong first quarter results and expressed confidence in the remainder of 2022
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MarineMax sees “sustainable growth” through 2024
US boat and yacht retailer raises fiscal 2022 guidance for second time
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Garmin Q1 revenues a record $1.17bn
Marine revenues up 21% in strong first quarter, despite ‘old and new’ headwinds