Suzuki Reports Fiscal 2024 Earnings
May 13, 2025
The marine division posted an 11.4% increase in operating profit despite a drop in revenue for the year.
The marine division posted an 11.4% increase in operating profit despite a drop in revenue for the year.
Susan Shidler comes to the outboard manufacturer after working with the NFL’s Tampa Bay Buccaneers.
The outboard manufacturer elevated seven employees to new positions in anticipation of continued growth.
Randy Bowers, who joined Suzuki in 2018, will be responsible for servicing the engine builder’s OEM and dealer accounts.
The company reported a 15.8% increase in net sales year-over-year, though the marine segment was down 16.6%.
Net sales of $564.9 million for the nine months from April to December 2023 were a 17.5% drop compared with 2022.
Owners of old, 2-stroke outboards will receive dealer discounts for trading them in with the purchase of a new 4-stroke.
Kate Donadio will handle such marketing communications activities as social media, press relations and promotional materials.
Daiki Sugiura, who most recently oversaw outboard motor markets in Germany and Eastern Europe, has been named executive vice president of sales and marketing.
The marine segment was down for the quarter due to reduced demand for outboards in Europe and the United States.
The marine division posted an 11.4% increase in operating profit despite a drop in revenue for the year.
Susan Shidler comes to the outboard manufacturer after working with the NFL’s Tampa Bay Buccaneers.
The outboard manufacturer elevated seven employees to new positions in anticipation of continued growth.
Randy Bowers, who joined Suzuki in 2018, will be responsible for servicing the engine builder’s OEM and dealer accounts.
The company reported a 15.8% increase in net sales year-over-year, though the marine segment was down 16.6%.
Net sales of $564.9 million for the nine months from April to December 2023 were a 17.5% drop compared with 2022.
Owners of old, 2-stroke outboards will receive dealer discounts for trading them in with the purchase of a new 4-stroke.
Kate Donadio will handle such marketing communications activities as social media, press relations and promotional materials.
Daiki Sugiura, who most recently oversaw outboard motor markets in Germany and Eastern Europe, has been named executive vice president of sales and marketing.
The marine segment was down for the quarter due to reduced demand for outboards in Europe and the United States.
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