The prospective transaction would include the Alumacraft, Manitou and Telwater brands, but not Sea-Doo and jet propulsion products.
Revenues were down 33.7%, but North American sales in the marine segment were up 35%, “given a low retail volume period as basis of comparison.”
Total revenues were down 16.4% year-over-year, and the marine segment was down 56.6%.
The company has released 298 employees at its Sturtevant, Wis., facility and 106 workers from Alumacraft in Saint Peter, Minn.
The agreement with Synchrony provides U.S. BRP dealers consumer loan options through the financial services provider.
The Sea Doo parent had a 3% increase in revenues for the year, and marine revenues were $323.3 million.
The powersports and marine groups are now combined under the leadership of Sandy Scullion, who was promoted from president of the powersports business.
The Sea-Doo parent now boasts a dealer network of nearly 3,000 in 130 countries and annual revenues that have quadrupled.
The marine segment had a 10.2% decline in revenues compared with the same quarter a year ago.
Yamaha Motor Australia will acquire the Australian boatbuilder.
The prospective transaction would include the Alumacraft, Manitou and Telwater brands, but not Sea-Doo and jet propulsion products.
Revenues were down 33.7%, but North American sales in the marine segment were up 35%, “given a low retail volume period as basis of comparison.”
Total revenues were down 16.4% year-over-year, and the marine segment was down 56.6%.
The company has released 298 employees at its Sturtevant, Wis., facility and 106 workers from Alumacraft in Saint Peter, Minn.
The agreement with Synchrony provides U.S. BRP dealers consumer loan options through the financial services provider.
The Sea Doo parent had a 3% increase in revenues for the year, and marine revenues were $323.3 million.
The powersports and marine groups are now combined under the leadership of Sandy Scullion, who was promoted from president of the powersports business.
The Sea-Doo parent now boasts a dealer network of nearly 3,000 in 130 countries and annual revenues that have quadrupled.
The marine segment had a 10.2% decline in revenues compared with the same quarter a year ago.
Many products featured on this site were editorially chosen. Soundings Trade Only may receive financial compensation for products purchased through this site.
Copyright © 2025 Soundings Trade Only Firecrown. All rights reserved. Reproduction in whole or in part without permission is prohibited.
