Dometic Reports First Quarter 2025 Results
April 30, 2025
Net sales were down 11%, and the company delivered SEK$181 million ($18.8 million) profit for the period.
Net sales were down 11%, and the company delivered SEK$181 million ($18.8 million) profit for the period.
The Dometic Marine President speaks with Gary Reich at the Miami International Boat Show
The components and accessories manufacturer reported a 10% decline in net sales during the final quarter of FY24.
Students from Delft University of Technology will attempt a passage from the Netherlands to the U.K. in a hydrogen-powered foiling boat.
Net sales of $599.4 million were a decrease of 10% year-over-year, and operating profit fell by $7.2 million.
At the helm of Dometic since 2018, president and CEO Juan Vargues is a passionate engineer by training and has overseen the acquisition of 11 companies during the past six years.
Net sales in the OEM channel declined 14% primarily because of lower sales volume in the marine and RV segments in the Americas.
The company’s marine segment reported increased net sales of $171.5 million, while overall net sales and profits saw declines.
Net sales of $596 million were up 11% compared with the previous-year quarter, and profit was reported at $2.6 million.
Net sales of $692.4 million were a 37 percent increase, and operating profit was at a 14 percent margin.
Net sales were down 11%, and the company delivered SEK$181 million ($18.8 million) profit for the period.
The Dometic Marine President speaks with Gary Reich at the Miami International Boat Show
The components and accessories manufacturer reported a 10% decline in net sales during the final quarter of FY24.
Students from Delft University of Technology will attempt a passage from the Netherlands to the U.K. in a hydrogen-powered foiling boat.
Net sales of $599.4 million were a decrease of 10% year-over-year, and operating profit fell by $7.2 million.
At the helm of Dometic since 2018, president and CEO Juan Vargues is a passionate engineer by training and has overseen the acquisition of 11 companies during the past six years.
Net sales in the OEM channel declined 14% primarily because of lower sales volume in the marine and RV segments in the Americas.
The company’s marine segment reported increased net sales of $171.5 million, while overall net sales and profits saw declines.
Net sales of $596 million were up 11% compared with the previous-year quarter, and profit was reported at $2.6 million.
Net sales of $692.4 million were a 37 percent increase, and operating profit was at a 14 percent margin.
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