Sterndrive

Mettler-Toledo International Inc. Reports Fourth Quarter 2023 Results

Retrieved on: 
Thursday, February 8, 2024
Manufacturing, Other Manufacturing, Machinery, Machine Tools, Metalworking & Metallurgy, Chemicals, Plastics, EPS, Sterndrive, Tax, Growth, MTD, GAAP, Mettler Toledo, Adjustment, Risk, Face, Automation, Quality control, Food, Forecasting, Kaltenbach

Mettler-Toledo International Inc. (NYSE: MTD) today announced fourth quarter results for 2023.

Key Points: 
  • Mettler-Toledo International Inc. (NYSE: MTD) today announced fourth quarter results for 2023.
  • In local currency, sales decreased 13% in the quarter as currency increased sales growth by 1%.
  • Excluding these delays, our results came in as we had expected as we continued to face challenging market conditions in the fourth quarter.
  • Included in the first quarter guidance is an estimated 4% headwind to Adjusted EPS growth due to adverse currency.

Mettler-Toledo International Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023
Hardware, Other Defense, Semiconductor, Security, Data Management, Manufacturing, Government Technology, Technology, Defense, Other Manufacturing, Telecommunications, Science, Software, Internet, Research, Engineering, NYSE, Mettler Toledo, Kaltenbach, Food, Risk, Tax, EPS, Sterndrive, Quality control, GAAP, MTD, Forecasting, Growth, Face, Video game, Natural gas, Cryptocurrency, Adjustment

Mettler-Toledo International Inc. (NYSE: MTD) today announced third quarter results for 2023.

Key Points: 
  • Mettler-Toledo International Inc. (NYSE: MTD) today announced third quarter results for 2023.
  • In local currency, sales decreased 5% in the quarter as currency increased sales growth by 1%.
  • Included in the fourth quarter guidance is an estimated 1% headwind to Adjusted EPS growth due to adverse currency.
  • Included in the 2023 guidance is an estimated 3% to 4% headwind to Adjusted EPS growth due to adverse currency.

Cobalt Connects with Dealers to Celebrate a Successful Year and Introduce the New R4 Series with its Three All-New Variants

Retrieved on: 
Friday, September 24, 2021
Person, R4, LOA, Sterndrive, Boat, List, Cobalt Boats, NPS, GLOBE, Cassette tape

Other events included a cocktail reception, a Cobalt Fun Run/Walk and, of course, boat demos, extending to the chance to wake-surf behind the new R4 Surf model.

Key Points: 
  • Other events included a cocktail reception, a Cobalt Fun Run/Walk and, of course, boat demos, extending to the chance to wake-surf behind the new R4 Surf model.
  • The meeting also gave the company the chance to recognize the dealerships that earned Cobalt awards for sales promotion and customer service excellence in 2021.
  • All models in the new R4 series feature a 24 3 LOA and an 8 6 beam, with a dry weight of 5,530 lb.
  • About Cobalt: Headquartered in Neodesha, KS, Cobalt Boats LLC, is a publicly owned, industry-leading manufacturer of luxury family day boats.

Brunswick Corporation Declares Quarterly Dividend

Retrieved on: 
Thursday, April 29, 2021
Brunswick Boat Group, Brunswick Corporation, Mercury Marine, Sterndrive, Bayliner, Sea Ray, Dividend, Quicksilver, Companies, Shipbuilding, Sports

b'METTAWA, Ill., April 29, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Brunswick Corporation (NYSE: BC) today declared a quarterly dividend on its common stock of $0.335 per share, an increase of 24% to the current dividend.\nThis marks the ninth consecutive year of dividend increases.\nThe dividend will be payable on June 15, 2021 to shareholders of record at the close of business on May 18, 2021.\n\xe2\x80\x9cOur strong financial profile, exceptional earnings and cash flow generation affords us the opportunity to significantly increase our dividend earlier in the year than we have in past years, reflecting the continued confidence we have in our outlook and strategy\xe2\x80\x9d said Dave Foulkes, Brunswick Corporation Chief Executive Officer.\nHeadquartered in Mettawa, Ill., Brunswick Corporation\xe2\x80\x99s leading consumer brands include Mercury Marine outboard engines; Mercury MerCruiser sterndrive and inboard packages; Mercury global parts and accessories including propellers and SmartCraft electronics; Advanced Systems Group, which includes industry-leading brands like MotorGuide, Attwood, Mastervolt, Blue Sea Systems, CZone, and ASG Connect system integrators; Land \xe2\x80\x99N\xe2\x80\x99 Sea, BLA, Payne\xe2\x80\x99s Marine, Kellogg Marine, and Lankhorst Taselaar marine parts distribution; Mercury and Quicksilver parts and oils; Bayliner, Boston Whaler, Crestliner, Cypress Cay, Harris, Heyday, Lowe, Lund, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern boats; Boating Services Network, Freedom Boat Club and Boat Class.\xc2\xa0 For more information, visit brunswick.com.\n'

Key Points: 
  • b'METTAWA, Ill., April 29, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Brunswick Corporation (NYSE: BC) today declared a quarterly dividend on its common stock of $0.335 per share, an increase of 24% to the current dividend.\nThis marks the ninth consecutive year of dividend increases.\nThe dividend will be payable on June 15, 2021 to shareholders of record at the close of business on May 18, 2021.\n\xe2\x80\x9cOur strong financial profile, exceptional earnings and cash flow generation affords us the opportunity to significantly increase our dividend earlier in the year than we have in past years, reflecting the continued confidence we have in our outlook and strategy\xe2\x80\x9d said Dave Foulkes, Brunswick Corporation Chief Executive Officer.\nHeadquartered in Mettawa, Ill., Brunswick Corporation\xe2\x80\x99s leading consumer brands include Mercury Marine outboard engines; Mercury MerCruiser sterndrive and inboard packages; Mercury global parts and accessories including propellers and SmartCraft electronics; Advanced Systems Group, which includes industry-leading brands like MotorGuide, Attwood, Mastervolt, Blue Sea Systems, CZone, and ASG Connect system integrators; Land \xe2\x80\x99N\xe2\x80\x99 Sea, BLA, Payne\xe2\x80\x99s Marine, Kellogg Marine, and Lankhorst Taselaar marine parts distribution; Mercury and Quicksilver parts and oils; Bayliner, Boston Whaler, Crestliner, Cypress Cay, Harris, Heyday, Lowe, Lund, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern boats; Boating Services Network, Freedom Boat Club and Boat Class.\xc2\xa0 For more information, visit brunswick.com.\n'

Cobalt Reimagines the Outboard with the Premium R8 Outboard Sport Runabout

Retrieved on: 
Tuesday, March 16, 2021
Marine propulsion, Watercraft, Marine engines, Propellers, Sterndrive, Outboard motor, Ships, Cobalt Boats, R8, Runabout, Propulsion

NEODESHA, Kan., March 16, 2021 (GLOBE NEWSWIRE) -- With families continuing to seek quality outdoor time together, premium luxury manufacturer Cobalt Boats has announced the introduction of its R8 Outboard, a top-of-the-line addition to its series of outboard runabouts.

Key Points: 
  • NEODESHA, Kan., March 16, 2021 (GLOBE NEWSWIRE) -- With families continuing to seek quality outdoor time together, premium luxury manufacturer Cobalt Boats has announced the introduction of its R8 Outboard, a top-of-the-line addition to its series of outboard runabouts.
  • Featuring the clean lines, superb performance and deluxe appointments found in the sterndrive R8, the R8 Outboard offers the same 27 10 length and 8 6 beam with greater fuel capacity for its powerful outboard Yamaha or Mercury engines.
  • Yacht Certified, the R8 OB is a reimagining of what an outboard can be, setting new standards for luxury, versatility and durability.
  • Currently entering production, the Cobalt R8 Outboard is available for order through Cobalts World Class Dealer Network.

Mercury Marine introduces the all new V12 600hp Verado engine — redefining outboard performance

Retrieved on: 
Thursday, February 11, 2021
Marine propulsion, Manufactured goods, Brunswick Corporation, Fond du Lac, Wisconsin, Mercury Marine, Watercraft, Ships, Propellers, Marine engines, Sterndrive, Outboard motor, Mercury

FOND DU LAC, Wisc., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Mercury Marine, a division of Brunswick Corporation (NYSE: BC), today introduced the new 7.6liter V12 600hp Verado outboard engine.

Key Points: 
  • FOND DU LAC, Wisc., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Mercury Marine, a division of Brunswick Corporation (NYSE: BC), today introduced the new 7.6liter V12 600hp Verado outboard engine.
  • The V12 Verado outboard is Mercurys answer, said Chris Drees, Mercury Marine president.
  • The V12 Verado outboard delivers boaters unrivaled freedom, luxury and power to pursue their passions on the water.
  • Mercurys industryleading brand portfolio includes Mercury outboard engines, Mercury MerCruiser sterndrive and inboard packages, Mercury propellers, Mercury inflatable boats, Mercury SmartCraft electronics, Land 'N' Sea marine parts distribution and Mercury and Quicksilver parts and oils.

Malibu Boats Celebrates Five Million Safe Man Hours

Retrieved on: 
Wednesday, January 27, 2021
Loudon County, Tennessee, Malibu Boats, Malibu, Sterndrive, Motorboat

LOUDON, Tenn., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Malibu Boats, the global leader in towboat sales, has proudly achieved over five million safe man hours worked at its Loudon, TN facility.

Key Points: 
  • LOUDON, Tenn., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Malibu Boats, the global leader in towboat sales, has proudly achieved over five million safe man hours worked at its Loudon, TN facility.
  • Malibu and Axis boats are both manufactured by Malibu Boats LLC, which are produced out of the Loudon, TN factory that reached the five million safe hours.
  • To put such a huge number in perspective, in the over four years it took to achieve five million man hours, Malibu built approximately 17,500 boats, the stock market doubled, and Malibus Team headcount increased from 474 to 775 people, signifying that over 300 team members were onboarded and trained in at their respective positions to the high level that helped achieve five million man hours.
  • Based in Loudon, Tennessee, Malibu Boats, Inc. (MBUU) is a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive and outboard boats.

Global Boat Steering Systems Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 10, 2020
Transport, Maritime, Marine propulsion, Propellers, Sterndrive

The "Boat Steering Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Boat Steering Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The 383-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021.
  • The U.S. Market is Estimated at $169.7 Million, While China is Forecast to Grow at 10.6% CAGR
    The Boat Steering Systems market in the U.S. is estimated at US$169.7 Million in the year 2020.
  • In the global Sterndrive segment, USA, Canada, Japan, China and Europe will drive the 6.9% CAGR estimated for this segment.

Mercury Marine and Beneteau Strengthen Partnership to offer award-winning outboards to Global Customers

Retrieved on: 
Friday, October 23, 2020
Marine propulsion, Engines, Brunswick Corporation, Fond du Lac, Wisconsin, Mercury Marine, Sterndrive, Record labels, Mercury, Companies, Marine engines, Beneteau, Outboard motor

PETIT-RECHAIN, Belgium , Oct. 23, 2020 (GLOBE NEWSWIRE) -- Mercury Marine, a division of Brunswick Corporation (NYSE: BC), has announced an expanded partnership with Beneteau on a global scale to leverage both companies leadership position and offer Beneteau customers Mercury power on 2021 models.

Key Points: 
  • PETIT-RECHAIN, Belgium , Oct. 23, 2020 (GLOBE NEWSWIRE) -- Mercury Marine, a division of Brunswick Corporation (NYSE: BC), has announced an expanded partnership with Beneteau on a global scale to leverage both companies leadership position and offer Beneteau customers Mercury power on 2021 models.
  • This announcement comes exactly two years to the day when Mercury Marine and Beneteau announced a partnership in North America.
  • I am very excited about the increased partnership with Mercury Marine and we look forward to a long and successful partnership, said Yann Masselot, Beneteau Brand Director.
  • Mercurys industry-leading brand portfolio includes Mercury outboard engines; Mercury MerCruiser sterndrive and inboard packages; Mercury propellers; Mercury inflatable boats; Mercury SmartCraft electronics; Land N Sea marine parts distribution; and Mercury and Quicksilver parts and oils.

Mercury Marine continues its growth as outboards will be offered on select Sportsman models for the first time

Retrieved on: 
Monday, September 21, 2020
Marine propulsion, Engines, Brunswick Corporation, Fond du Lac, Wisconsin, Mercury Marine, Sterndrive, Propulsion, Physical sciences, Marine engines, Mercury, Outboard motor

We were extremely excited to hear Sportsman and Mercury are working together and we can start offering Mercury engines on Sportsman boats to our customers, said Bill Erickson, Founder and Owner of Erickson Marine.

Key Points: 
  • We were extremely excited to hear Sportsman and Mercury are working together and we can start offering Mercury engines on Sportsman boats to our customers, said Bill Erickson, Founder and Owner of Erickson Marine.
  • Mercury has awesome products and our customers were demanding Mercury outboards on their boats.
  • Beginning in early November, Mercury packages will be offered on orders of Sportsman models 352, 322, 302, 251, 252, 267, 267OE and 247.
  • Mercurys industry-leading brand portfolio includes Mercury outboard engines; Mercury MerCruiser sterndrive and inboard packages; Mercury propellers; Mercury inflatable boats; Mercury SmartCraft electronics; Land N Sea marine parts distribution; and Mercury and Quicksilver parts and oils.