Brunswick Warns, Beneteau Holds Optimistic Outlook Despite Supply Chain Woes
Brunswick Corporation and Beneteau, two major players in the marine industry, have released contrasting outlooks for the rest of 2022. Brunswick has sounded a note of caution, while Beneteau remains optimistic, despite facing supply chain disruptions and economic uncertainties.
Brunswick, with around 10,000 units in the dealer pipeline worldwide, has revised its revenue forecast due to supply chain disruptions, inflation, and economic uncertainties. CEO David Foulkes attributed this caution to these challenges. Meanwhile, Beneteau, despite a 7.7% decrease in European boat turnover due to supply chain issues, maintains a positive outlook, citing strong market demand and better supply conditions.
As the marine industry navigates supply chain management challenges and economic uncertainties, Brunswick Corporation and Beneteau present contrasting outlooks for the remainder of 2022. While Brunswick exercises caution, Beneteau maintains optimism, buoyed by strong market demand and better supply conditions. Both companies, however, anticipate delays in boat deliveries due to ongoing supply chain issues.
