Limestone Boat Co. Reports 15-Month Financials
August 2, 2023
The Canadian builder reported revenues of $9.18 million for the period and announced plans to relocate from Ontario to New Brunswick.
The Canadian builder reported revenues of $9.18 million for the period and announced plans to relocate from Ontario to New Brunswick.
The shore power and electrical components company posted a 9%increase in net sales and operating profit growth of approximately 50%.
Revenues increased 16 percent, and gross margin was up 3.8 percent despite slightly decreased production of 38 units.
The company said revenue, net income, same-store sales and profit margin all improved in its fiscal third quarter.
The company attributed net sales of $95.8 million and gross profit of $23 million to what it called a “favorable model mix.”
The company reported higher revenue and profit, and wider profit margins in its third quarter.
The parent of Bennington, Godfrey and Hurricane pointed to “healthy” demand and easing supply-chain issues in its quarterly report.
In its first quarter as a separate segment, the marine unit reported net sales of $150 million.
The company reported revenue growth of 15 percent to more than $472 million, with net income increasing 52 percent to $35.9 million.
The company showed record growth across its brands for the quarter and fiscal year 2021.
The Canadian builder reported revenues of $9.18 million for the period and announced plans to relocate from Ontario to New Brunswick.
The shore power and electrical components company posted a 9%increase in net sales and operating profit growth of approximately 50%.
Revenues increased 16 percent, and gross margin was up 3.8 percent despite slightly decreased production of 38 units.
The company said revenue, net income, same-store sales and profit margin all improved in its fiscal third quarter.
The company attributed net sales of $95.8 million and gross profit of $23 million to what it called a “favorable model mix.”
The company reported higher revenue and profit, and wider profit margins in its third quarter.
The parent of Bennington, Godfrey and Hurricane pointed to “healthy” demand and easing supply-chain issues in its quarterly report.
In its first quarter as a separate segment, the marine unit reported net sales of $150 million.
The company reported revenue growth of 15 percent to more than $472 million, with net income increasing 52 percent to $35.9 million.
The company showed record growth across its brands for the quarter and fiscal year 2021.
