Company Financials – Page 12
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TISG reports strong first-half sales, unveils new Picchiotti fleet
Total revenues up 64% compared to the same time last year
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Supply woes lead to mixed Q3 for Johnson Outdoors
Gains in watercraft sales not enough to offset supply-constrained declines in core fishing business for Humminbird, Minn Kota parent
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Rolls-Royce Power Systems reports record order intake
Demand for products and solutions soars in second quarter
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Orders, revenues and profits up at Ferretti Group
In addition to the 180th Anniversary of the iconic Riva brand, Ferretti also had strong financials to celebrate in the first half of 2022, along with a higher number of launches
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OneWater Marine posts record Q3 earnings, outperforming last year and industry
US retailer sees significant organic growth in both units and average prices
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Supply chain, inflation spell mixed Q2 results for Garmin
Growth in marine segment sales through first half of FY2022 offset by inflation, higher interest rates and strengthening US dollar
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Record Q2 revenues for Cummins in spite of continuing supply challenges
Strong demand for engines in North America and western Europe offset declines in Asia to drive solid second quarter
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Xylem Q2 results beat expectations
Flat second quarter exceeds previous guidance for Rule, Jabsco, Flojet parent
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Lippert Q2 results buoyed by marine sales
US-based Lippert Components announced a strong uplift in second quarter sales – including marine – spurred by the continuing popularity of outdoor pursuits
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Another record Q2 for Myers Industries
US fuel tank manufacturer raises 2022 outlook, hints at future acquisitions
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Caterpillar Q2 revenues up 11% to US$14.2bn
Energy and Transportation sector revenues increase 15% YoY, while profits jump 11%
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Brunswick delivers its best quarter in history
Industry’s largest player today confirmed its full-year revenue guidance and production of close to 40,000 annual units for 2022
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Beneteau reports H1 revenue gains
France’s largest boatbuilder and second largest global builder unable to deliver 600 boats due to supply chain disruption
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MarineMax Q3 revenue up despite same-store sales decline, raising 2022 guidance
The world’s largest recreational boat retailer saw revenue increase 3% to a record US$688.5m
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Patrick Q2 revenues up 45% to $1.5bn
Marine sector revenues grow 74% in strong quarter, anticipated to exceed $1bn annually in 2023
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Raymarine parent, Teledyne, reports Q2 results
Supply chain constraints, inflation and negative exchange rates all provided headwinds during the quarter, but the group has returned to the M&A market and is looking at further bolt-on acquisitions
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Fincantieri reports first-half loss of €234m
Italian shipbuilder says results were hit by a review of the business portfolio and various one-offs
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Marine Products Q2 sales up 42%
US boatbuilder increases dealer deliveries by 15% amid continuing supply challenges to drive growth in revenues, operating profit and net income
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Strong boat sales a bright spot in otherwise challenging Q2 for Polaris
Marine segment revenues jump 38% in second quarter, partially offsetting 23% decline in powersports equipment retail sales
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Hubbell Q2 revenues up 19%
US electrical equipment manufacturer anticipates full-year growth in range of 14% - 16% driven by organic increases and potential acquisitions