Company Financials – Page 7
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Hempel's marine business sees double-digit growth in 2022
Marine business delivered highest-ever organic growth
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Ferretti exceeds €1bn in full year-revenues
Italian builder reports double-digit rise in net sales for fiscal 2022
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MAN full-year revenues up 4%
German engine builder reports adjusted operating result of €139m despite losing six weeks of production time to Ukraine war
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Record Q4, full-year results for Myers Industries
Fourth consecutive record quarter drives US plastic fuel tank manufacturer to 18% increase in full-year revenues
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Croatian marina operator reports 92% jump in profits
Further 25% profit growth anticipated for 2023
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Limestone Boat to delist from American OTC trading platform
Canada-based Limestone Boat Company – owner of the Aquasport, Limestone and Boca Bay boat brands – today announced that it will terminate its exchange listing in the US
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Suzuki Q3 marine sales and profits at record highs
The outboard engine maker posted strong results in the marine sector and across its portfolio for the first nine months of fiscal 2022, revising its full-year forecast upward
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OXE Marine reports bleak Q4
In his opening comments on the engine maker’s most recent financial report released today, OXE Marine CEO Anders Berg acknowledged, “Q4 is nothing but a significant disappointment.”
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Record 2022 for Rolls-Royce Power Systems
Profit margins hit by supply chain disruption, inflation and Russia-Ukraine conflict; Drive to increase profitability in 2023 while signalling a focus on hydrogen as key to green energy transition
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Pearl Yachts expanding capacity and dealer network to meet demand
UK luxury motoryacht builder reported fiscal 2021-22 profits down while gross profit margin increased
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Record revenues propel Garmin marine segment to 10 consecutive years of growth
‘Outstanding accomplishment’ of marine division partially offsets low single digit revenue, profit decreases related to inflationary, currency pressures
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2022 Yamaha unit sales decline, while financials remain buoyant
The global producer of outboard engines, personal watercraft and boats posted strong revenues and profits for the past year, while projecting a bullish forecast for 2023
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Lippert marine sales help offset RV slowdown
Equipment manufacturer, Lippert Components achieved all-time high revenues for 2022, following a challenging fourth quarter which included job cuts
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Grand Banks sees strong rebound in most recent quarter
Malaysia’s Grand Banks Marine Group has reported a financial turnaround in revenues and profits for the six months ending 31 December 2022, but expects a softer market going forward
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Patrick marine sales surpass $1 billion in 2022
Marine sales at US-based component manufacturer, Patrick Industries, posted the strongest performance in the company’s portfolio and helped lift annual sales 20% to $4.9 billion
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Groupe Beneteau: Record Q4 paves way for significant 2023 gains
US market surge spearheads growth across all boating divisions; Group set to outperform forecasts
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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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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