Volvo Penta reports sales decrease in Q3 2024 amid market uncertainty
Volvo Group, the parent company of industrial engine and marine propulsion specialist Volvo Penta, has revealed the financial results...
Financial results for marine companies
BRP sells marine division in bid to boost profit
Bombardier Recreational Products (BRP), the parent company of brands including Alumacraft, Manitou, Sea-Doo and Rotax, is selling off its...
One°15 Brooklyn Marina files for Chapter 11 bankruptcy
The owners of One°15 Brooklyn Marina, located in Brooklyn Bridge Park, have filed for Chapter 11 bankruptcy protection, citing...
Harland & Wolff: the administration of the archetype British shipbuilder
Strings of local businesses may suffer from Harland & Wolff’s collapse and administration, says Philippa Langton, partner at law...
Azimut-Benetti – order book valued at €2.6 billion and new investment revealed
Azimut-Benetti Group has detailed its financial results for the year 2023/2024, with revenues of €1.3 billion and a predicted...
Q2 revenues down 34% for Seadoo manufacturer, BRP
Bombardier Recreational Products (BRP), the parent company of brands including Alumacraft, Manitou, Sea-Doo, Rotax and Quintrex, has presented its...
Ferretti Group reports record earnings margin for H1 2024
Italian boatbuilding giant Ferretti Group has published its consolidated financial results for the first half of 2024, showing an...
Global consumer demand for boat buying continues to wane in 2024
Consumer demand is waning, says Boats Group. It’s just released its mid-year market index report for 2024. The report...
OneWater Marine’s CEO on 2024’s Q3 results, exiting brands, dealers exiting and June softness
OneWater Marine has announced its results for its fiscal third quarter ended June 30, 2024. “In the third quarter,...
‘Record commercial performance in all businesses’ for Fincantieri’s first half 2024
Fincantieri says it has achieved a record order pipeline of €41.1 billion, providing business visibility up to 2032 and...
Brunswick Corporation issues ‘below expectations’ second quarter results
Brunswick says its 2024 second quarter isn’t quite working out how it predicted. Brunswick CEO, David Foulkes believes that...
