Brunswick Corporation Reports Another Successful Ft. Lauderdale International Boat Show with Record Sales and Continued Share Gains
November 04 2024 - 8:33AM
Brunswick Corporation (NYSE: BC) today revealed another
record-breaking performance at the 2024 Ft. Lauderdale
International Boat Show (FLIBS), with continued outboard engine
market share growth and record unit sales for several of its
premium brands. Some notable highlights for Brunswick during this
five-day event included:
- Mercury
Marine reported record outboard market share for the
seventh consecutive year in Ft. Lauderdale, accounting for an
all-time high 58% of all outboard engines at the event and 74% of
all outboards in the on-water portion of the show (an increase of
6% over 2023).
- Sea Ray set
a new Ft. Lauderdale record for units sold, beating last
year’s record and finishing the show with strong retail revenue
while launching the new 250 Outboard and 270 SDX Outboard during a
media event, and providing a ‘sneak peek’ of the 230 SDX
Outboard.
- Boston
Whaler reported increased unit sales and retail revenue
versus the 2023 show, including a strong mix of larger boats, with
half of the units sold being 30’ and above. In addition, Whaler
launched the all-new 330 Vantage during a media event. The new
flagship of the Vantage range was very well received by the media
and consumers, leading to double-digit sales during the show.
-
Navan was officially introduced to the North
American market and was very well received by the media and dealers
in attendance, leading to the sale of both a C30 and a S30
model.
- Navico
Group products were again installed on most US OEM boats
and international models. Additionally, there was a strong showing
for the Fathom e-power system, Simrad’s latest technology, and the
all new Lenco Pro Control auto-leveling solution. FLIBS was also
the first public showing of the Elite FS 10- and 12-inch
displays.
- Flite not only had its own showcase at FLIBS
but was also present in most Brunswick brand exhibits, highlighting
the many synergies across Brunswick. A Fliteboard was also mounted
on one of the Navan boats in the exhibit.
“Ft. Lauderdale has been an outstanding venue for Brunswick,
especially for Mercury Marine and our premium brands and products,
and the 2024 show was no exception, with several record
performances,” said Dave Foulkes, Brunswick Corporation CEO. “FLIBS
surpassed expectations despite the ongoing market challenges and
changeable weather all week. Sea Ray and Boston Whaler saw strong
global interest and sales, Mercury continues to grow share in US
saltwater markets, and Navico Group remains a key partner for most
US and international OEMs.”
About Brunswick Corporation
Brunswick Corporation (NYSE: BC) is the global leader in marine
recreation, delivering innovation that transforms experiences on
the water and beyond. Our unique, technology-driven solutions
are informed and inspired by deep consumer insights and powered by
our belief that “Next Never Rests™”. Brunswick is dedicated to
industry leadership, to being the best and most trusted partner to
our many customers, and to building synergies and ecosystems that
enable us to challenge convention and define the future. Brunswick
is home to more than 60 industry-leading brands. In the category of
Marine Propulsion, these brands include, Mercury Marine, Mercury
Racing, MerCruiser, and Flite. Brunswick’s comprehensive collection
of parts, accessories, distribution, and technology brands includes
Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad,
B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are
some of the best known in the world, including Boston Whaler, Lund,
Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver.
Our service, digital and shared-access businesses include Freedom
Boat Club, Boateka and a range of financing, insurance, and
extended warranty businesses. While focused primarily on the marine
industry, Brunswick also successfully leverages its portfolio of
advanced technologies to deliver an exceptional suite of solutions
in mobile and industrial applications. Headquartered in
Mettawa, IL, Brunswick has 17,000 employees operating in 25
countries. In 2023, Brunswick was named by Forbes as a World’s Best
Employer and as one of America’s Most Responsible Companies by
Newsweek, both for the fourth consecutive year. For more
information, visit www.Brunswick.com.
Lee
Gordon —
Vice President – Corporate Communications, Public Relations & Public Affairs
M: (904) 860-8848 | O: (847) 735-4003
Brunswick (NYSE:BC)
Historical Stock Chart
From Oct 2024 to Nov 2024
Brunswick (NYSE:BC)
Historical Stock Chart
From Nov 2023 to Nov 2024