Company Financials – Page 6
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Marine sales keep Patrick Industries afloat in Q1
Patrick’s strategy of diversification and integration continues to show a return
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Webasto 2022 revenues reach record €4.4bn
Revenue gain of 19% year-over-year attributed to increases in roof system sales and growing contributions from battery and charging system sales
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MarineMax sees softening market, adjusts fiscal 2023 guidance
US boat retailer cites growing macroeconomic uncertainty for downward projections
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Record Q1 revenues for Brunswick
Net sales exceeding US$1.7bn and adjusted earnings of $262m highlight strong first quarter for world’s largest marine company
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Marine revenues grow 19% in challenging Q1 for Dometic
Net sales down just 3% overall as strong marine segment performance helps offset declines related to US RV business
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Record Q1 for Marine Products Corp
Net sales up 55%, net profit up 64% as improved supply and logistics, good boat show results drive strong first quarter for US builder
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Hubbell marks sixth consecutive quarter of double-digit growth
YoY gains in net revenue, gross profit, operating income and net income lead US electric equipment manufacturer to raise FY2023 guidance
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Polaris Q1 sales up 22% YoY
Marine sector revenues climb 25% on strength of favorable pricing and product mix
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Nimbus Group reports record 2022
Swedish builder attributes sucess to its collective ability to pursue a clear growth strategy
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AkzoNobel beats forecasts with ‘above expectation’ Q1 financials
Robust pricing cited for rise in adjusted operating income
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Volvo Group Q1 revenues up 25% in record quarter
Volvo Penta revenues grow by 33%, driven in part by gains in marine engine sales
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British Marine halves pandemic losses
UK trade association reports strong recovery in latest financial accounts
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Oyster reports strong order book but turnaround takes longer than expected
Owner provides extra investment to support UK builder’s success
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Troubled Canadian builder reports 2022 gross loss
Limestone Boats is actively working to pursue financial restructuring initiatives
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FY2022 a mixed bag for Twin Vee Powercats
Revenue gain of 103% offset by net loss as US builder spins off Forza electric boat brand
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Inmarsat outstrips competitors with strong 2022 performance
Maritime communications firm says it outperformed the competition last year in terms of revenue growth
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Record Q4, full-year revenues for BRP
FY2023 revenues top $10bn as boat and PWC builder forecasts marine business to increase by 45% to 50% in FY2024
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Beneteau reports higher 2022 results than forecast
Growth and increase in profitability confirmed for 2023
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Winnebago Q2 boat revenues up 16%
Strong gains in marine division offset declines in RV sector for US parent to Barletta, Chris-Craft boat brands
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KVH posts first operating profit in six years
Revenue gains for fourth quarter and full fiscal year speak to success of restructuring efforts, says CEO