OneWater revenue declines despite uptick in pre-owned sales
United States boat retailer OneWater Marine has announced results for its fiscal second quarter ended March 31, 2024. The...
Financial results for marine companies
List of Marine Industry News articles about companies’ financial results. Read latest news about who is doing well in the marine market, what the challenges are in 2024 and what the financial outlook is across the globe as recreational boat market ‘softens’.
Beneteau Group revenues down 39% in Q1
French boatbuilding giant Beneteau Group has revealed its revenues came to €229m for the first quarter of 2024, following...
Record quarter for Garmin as sales up 20%
Electronics manufacturer Garmin has reported a record first-quarter revenue and operating income, with consolidated revenues of $1.38bn in the...
Brunswick sales down 22 per cent, first quarter 2024
Although gross margins have remained resilient and the company delivered a solid first quarter consistent with guided expectations, Brunswick...
Oyster Yachts announces return to profit
British yacht manufacturer Oyster Yachts has announced a return to profit following an increase in turnover in 2023. The...
Groupe Beneteau reports record earnings for 2023
French boatbuilding giant Groupe Beneteau has released its consolidated full-year earnings, revealing a record financial performance for 2023. The...
HanseYachts delists from Frankfurt Stock Exchange
HanseYachts will end trading of its shares on the Frankfurt Stock Exchange, after closing the first half of its...
Challenging retail environment, says MarineMax
A challenging retail environment has led to MarineMax being “required . . . to take more aggressive pricing actions,”...
Cannes 2023: Sunseeker commits £40m to product development
UK boatbuilder Sunseeker International has revealed its product development plan and shipyard development strategy during a press reception at...
Twin Vee reports 18% revenue increase for H1 2023
Florida boatbuilder Twin Vee PowerCats, which designs, manufactures and distributes recreational and commercial power boats, has reported financial results...
Inventory levels bouncing back and consumer interest high, report finds
The demand for boats remained strong during the first half of the year as inventory levels continue to recover...
