Company Financials – Page 2
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Lippert Q3 revenues, profits down on softer OEM outputs
Lower shipments in US leisure marine, recreational vehicle segments drag down earnings despite 53% YoY gain in aftermarket revenues
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Ferretti reports improved margins, growing order backlog in first nine months
Italian builder confirms mid-term guidance following strong set of financial results
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All eyes on 2024 as Forza X1 releases 2023 Q3 results
President and CEO Jim Leffew addresses company’s third-quarter earnings with analysts
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Twin Disc reports “impressive” FQ1, return of dividend payments
Marine and Propulsion systems led the quarter for the company
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Cummins reports higher revenues, margins, income for Q3
15% revenue jump and record operating cash flow underscore solid quarter for US engine builder
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Xylem Q3 revenues up 50%
Rule, Jabsco and Flojet parent raises full-year earnings outlook on continued revenue growth
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Solid Q3 for Garmin despite slower marine sales
Electronics manufacturer reports record Q3 revenue in four of five operating segments
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Q3 sales, profits decline for Myers Industries
Fuel tank manufacturer again revises full year outlook on another soft quarter
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Hubbell Q3 net income jumps 33% in 8th consecutive quarter of growth
Continued demand from strong end markets drives income and margin gains
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Malibu reports down, but better than expected, FQ1
The company has revised its fiscal 2024 outlook downward
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Caterpillar reports double-digit Q3 revenue, profit gains
US engine builder reports attributes higher sales volumes across multiple segments for “another great quarter”
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Grand Banks net profit jumps 158% in Q1
Five new orders were secured during the quarter, taking value of order book to SG$148.8m
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Dometic Q3 solid despite 10% revenue drop
Improved EBITA margin and second best operating cash flow ever offset lower revenues from softer end markets
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Decent Q3 for Patrick Industries despite 22% revenue drop
Slower demand in end markets offset in part through cost controls and automation investments to protect margins
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Brunswick Q3 down from prior year
The decline was partially offset by price increases, market share gains and a wealth of new product introductions
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MarineMax ends fiscal ’23 with record quarter, annual growth
Jump in revenues driven largely by acquisitions
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Q3 a mixed bag for Marine Products Corp
Third-quarter revenues down 22% while year-to-date revenues remain up 15% in bad news, good news Q3 for US boatbuilder
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Flat Q3 volumes lead AkzoNobel to cut costs, improve supply chain efficiency
Dutch coatings specialist expects ongoing macro-economic uncertainties to continue
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Polaris Q3 marine revenues down 48%
Lower volumes attributed to inflation, higher consumer finance rates
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Winnebago Q4, full-year revenues and profits down despite marine gains
Full-year marine revenue growth of 10.5% not enough to offset RV declines in tough Q4, full year for US RV and boat manufacturer