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International Boat IndustryInternational Boat Industry

International Boat Industry February - March 2019

Business-to-business magazine for the recreational marine industry distributed to boat builders, designers, equipment manufacturers, distributors and retailers in over 120 countries. Contains industry news, market facts and data, country reports, technical, new product news, and management features for OEMs, distributors and retailers.

Pays:
United Kingdom
Langue:
English
Éditeur:
Boating Communications Ltd.
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the way boats are constructed, marketed and sold will change. we’re questioning everything

One of the key launches at Boot Düsseldorf this January wasn’t a boat, but Raymarine’s new DockSense assisted docking technology, which the electronics firm unveiled jointly with partners Prestige Yachts. It’s the latest in a trickle of exciting new technology aimed at improving user experience and accessibility to boating. Volvo Penta unveiled its own self-docking solutions in June last year with plans to bring them fully to market in 2020; while in early February IBI reported on Yanmar’s collaboration with the Japan Agency for Marine-Earth Science and Technology (JAMSTEC) for its own potentially revolutionary auto docking offering – again, it is destined to be applied to Yanmar’s recreational marine and fishing vessels in Japan next year. The future, it seems, is catching up with our industry. Talking to Prestige Yachts’ new…

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top 10 most read news on ibi plus

1 Wakeboats could be sunk under proposed Vermont legislation ibinews.com February 8 2 Yanmar developing fully automatic, hands-free docking technology ibinews.com February 11 3 Kiwi-designed and built electric boat goes into production ibinews.com February 8 4 Raymarine unveils DockSense technology at Düsseldorf ibinews.com February 8 5 Sanlorenzo turnover up 27% in 2018 ibinews.com February 5 6 London Yacht Show relaunched as ‘boutique’ event offering slice of luxury in heart of the capital ibinews.com February 6 7 New brand Cetera unveils ‘multispace’ yacht concept with debut 60-footer ibinews.com February 11 8 Amasea Yachts unveils new catamaran concept ibinews.com February 4 9 Beneteau projects slowdown in 2019 boat market to +2% ibinews.com February 7 10 Winnebago CEO on Chris-Craft growth plans ibinews.com February 6…

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beneteau projects slowdown in 2019 boat market

FRANCE Groupe Beneteau has predicted a slower pace of revenue growth for its Boat Division – between 4% to 6% – down from 9% last year. The builder said the forecast figures are based on “an increasingly challenging economic and financial environment as well as a slowdown in the global boat market, affected by the inboard motorboat segment’s slowdown (all hull lengths).” The company said the order book for FY 2018-19 – as of January 31, 2019 – is up 4.1% compared with the same period the previous year. The sailing segment is continuing to develop, with its order book up 12.3%, while the motorboat segment is down 3.2%, notably due to the market slowdown in the inboard segment. Despite Beneteau’s still positive expectations for its own business, investors have reacted negatively…

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finnboat reports boom in domestic boat sales

FINLAND Finnish marine federation Finnboat says that the warm summer of 2018 helped boost domestic sales of small motorboats and PWCs in Finland last year. Sales of motorboats over 9m in length also continued to grow, as did sales of large outboard engines. Measured in euros, the whole industry’s domestic sales of products and services grew by 10%, while the total net sales increased by 4%. “Last summer, boat dealers were able to clear out their stocks of small boats, and the deliveries of motorboats less than 5m in length increased by as much as 23% over the previous year,” says Finnboat CEO Jarkko Pajusalo. Another development is the rapid increase in the sales of electric outboard motors. Almost 6,000 electric outboard motors were sold in Finland in 2018, compared with 3,500 the…

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dometic group posts record 2018

SWEDEN The Dometic Group posted record sales of SEK 18.27bn for its 2018 financial year ended 31 December 2018, representing 30% growth over 2017. The improvement included +5% organic growth, +22% acquisitions and +3% currency effects. According to Dometic, full-year growth was primarily driven by strong performances in Aftermarket (up +7%) and Marine (+11%), but all business areas saw growth. Earnings before interest and taxes (EBIT) were up 36% (excluding items affecting comparability), representing an improved margin of 14.2%, while net income (after taxes) rose 5% to SEK 1.58bn. President and CEO Juan Vargues, told analysts the Americas achieved strong sales up 10%, with growth in all businesses except recreation RVs which experienced a sharp slowdown in wholesale shipments during 2018. Aftermarket growth of 13% in the America’s helped offset a 10%…

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london yacht show becomes ‘boutique’ event

UK The newly relaunched London Yacht Show, to take place from May 8-12 at St Katharine Docks in the heart of London, is being billed as a ‘boutique’ event, with a VIP preview day very much setting the tone for the show that will focus on high-end luxury products. Brands that had signed up to exhibit by early February included Sunseeker, Princess, Fairline, Azimut and Bavaria, with more expected in the coming weeks. The relaunched show replaces the London On Water Boat Show, which was acquired by Informa in late 2018, and will be organised by Informa Markets with partners, British Marine and St Katharine Docks. Addressing media at a press conference in London in early February, Andrew Williams, president, Maritime, Informa Markets, said: “This will be a significantly different show to previous…

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