Company Financials – Page 3
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News
Volvo Group Q3 revenues up 15%
Volvo Penta revenues up despite lower unit volumes, reflecting overall declines in small boat sales
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HanseYachts reports best Q1 in over 10 years
German builder closed the first quarter of the 2023/24 financial year with record results
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Beneteau reports “excellent results” for first half of 2023
Outlook for profitability raised for 2023, and 2025 ambition unchanged
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Record revenues for BRP, but not a perfect Q2
Strong sales of powersports equipment and Sea-Doo product offset by declines in marine segment revenues as supply hiccups continue to delay new product ramp-ups
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Recreational marine stocks drop as US markets see four days of gain
OEM and dealer stocks took a tumble yesterday
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MasterCraft reports most profitable fiscal year to date
2023 full-year sales up 3.2%, net income up 2.9% in third consecutive record-setting year for US boatbuilder
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Malibu closes fiscal ’23 with record earnings despite softening market
But the outlook remains mixed, says CEO
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Marine leads Twin Disc to strong Q4 and full-year results
US firm confident going into fiscal 2024 based on order book
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Twin Vee reports 18% YTD revenue hike
US boatbuilder looks to newly acquired Aquasport monohull brand to bolster overall earnings
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Taiga Q2 revenues jump 924%
Canadian electric PWC manufacturer reports triple digit revenue growth as product deliveries ramp up
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KVH reports higher profits on flat Q2 revenues
Cost reductions continue to improve bottom line for US satcom firm
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Yamaha FY2023 first-half revenues, profits up across the board
Marine sales up 17% with strong demand for large outboards in North America and Asia, and strong global demand for PWC
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Sanlorenzo reports strong first half, revises guidance upwards
Italian builder reports solid order portfolio
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Softer US RV market brings lower Q2 revenues and income for Lippert
Resilience in marine, aftermarket and international sales said to now represent more than half of total revenues
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Return to profit in sight for Sunseeker International
FY2022 said to be a “greatly improved year” with historic level of future orders
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Second quarter holds promise for Forza X1
US electric boat builder posts US$3.4m loss in production ramp-up against growing order book
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Suzuki reports record Q1 revenues despite softer marine sales
Marine revenues of ¥33.4bn fall just behind Q1 2022 while matching operating profit of ¥9.2bn
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Strong first-half results for Rolls-Royce
Significant improvement driven by restructuring programme initiated by new CEO
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Fishing sales up, watercraft sales down in mixed Q3 for Johnson Outdoors
US sporting equipment manufacturer to focus on new product innovation in face of softer boating market
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Ferretti reports strong half-year results, confirms mid-term guidance
Italian builder grows on strength of steadily increasing order book