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Tag Archives: Malibu Boats Inc.

Malibu reports results for Q2 FY 2019

Malibu Boats, Inc. (Nasdaq: MBUU) announced its financial results for the second quarter ended Dec. 31, 2018. Highlights for Q2 of fiscal year 2019 include: Net sales increased 45 percent to $165.8 million compared to the second quarter of fiscal year 2018. Unit volume increased 18.2 percent to 1,760 boats compared to the second quarter of fiscal year 2018. Net ...

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Malibu reports strong growth for Q1 Fiscal 2019

Malibu Boats, Inc. recently announced its financial results for the first quarter ended Sep. 30, 2018. "Fiscal year 2019 started strong, with our first quarter results delivering robust growth and increasing profitability. Demand for our product continues to be record setting,” Jack Springer, Chief Executive Officer of Malibu Boats, Inc. said. “We also continue to strive to be the most efficient ...

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Malibu enters agreement to acquire Pursuit Boats

Malibu Boats, Inc. announced today that it has entered into a definitive agreement with S2 Yachts, Inc. (S2) to acquire the assets of Pursuit Boats for a total consideration of $100 million. The transaction is expected to close in the fourth calendar quarter of 2018, subject to customary closing conditions. Malibu will fund the transaction with cash on hand and ...

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Malibu recognized as NATM top trailer manufacturer

The National Association of Trailer Manufacturers (NATM), in conjunction with Statistic Surveys, has announced that Malibu is the “No. 1 trailer manufacturer in market share increase for boat trailers” in 2017. The award affirms Malibu’s position as the leading maker of boat trailers in America. Malibu representatives will accept the award at NATM’s Annual Convention in Fort Worth, Texas. Introduced in 2015, ...

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