The FFVoile supports e-sailing
The French Sailing Federation continues its commitment to the development of e-sailing and video games dedicated to sailing. For a 2nd year, it renewed its partnership with the game publisher Virtual Regatta for the organization of an e-sailing world championship.
Bénéteau renews its partnership with the Yacht Racing Forum
After having supported the Lorient edition of the Yacht Racing Forum, Bénéteau is renewing its partnership with the meeting place for professionals in offshore racing and regattas. The leader in French water sports shows his persistent interest in competitive sailing after the 1st season of the Figaro Bénéteau 3.
Results up for Sunseeker
The British shipyard Sunseeker announces an increase in its results. The 2018 sales of the motor boat builder, who recently changed CEOs, amounted to £299.8m. Profits are £6.6m. The gross margin increased by 39% compared to 2017.
Dismissals at Brunswick
The American leader in Brunswick yachting had already announced 100 layoffs in its support functions in June 2019. The elimination of 300 additional positions in its subsidiaries, the engine manufacturer Mercury Marine and boat builders, has just been made public. It is expected to result in operational savings of approximately $30 to $35 million.
Wall Street worried about American boating
The decline in US ship registrations in June has reached 14% and 6% since the beginning of 2019. The trend is worrying American financial markets. The Marine Max distributor lost more than 20% in one year, while the manufacturers Marinecraft, Malibu Boats or Brunswick fell from 7% to 11%, in contrast to the stock market indices.