Brunswick Company profile
About Brunswick Corporation
Brunswick Corporation is engaged in designing, manufacturing, and marketing recreational marine products, including marine propulsion products and boats, as well as parts and accessories for the marine and recreational vehicle (RV) markets. The Company also operates boat club. The Company operates through three segments: Propulsion, Parts & Accessories (P&A), and Boat. The Propulsion segment manufactures and markets a full range of outboard, sterndrive, and inboard engines, as well as propulsion-related controls, rigging, and propellers. The P&A segment includes engine parts and consumables, such as oils and lubricants, electrical products, boat parts and systems, and its distribution business. The Boat segment manufactures and distributes recreational boats, including sport boats and cruisers, runabouts, fiberglass offshore boats and fishing boats, aluminum fishing, utility, pontoon and deck boats, tow/wake boats, and heavy-gauge aluminum boats.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Brunswick Corporation revenues increased 34% to $5.85B. Net income before extraordinary items increased 59% to $595.4M. Revenues reflect Propulsion segment increase of 33% to $2.5B, Parts and Accessories segment increase of 33% to $2.01B, Boat segment increase of 36% to $1.7B, United States segment increase of 32% to $4.28B, Europe segment increase of 44% to $815.1M.
Equity composition
Common Stock $.75 Par, 07/11, 200M auth., 102,538,000 issd.,less 13,487,000 shs. in Treas. @ $398.4M. Insiders own 0.51% . PO 5/92, 6,500,000 shares @ $16.875 by Merrill Lynch.6/87, 2-for-1 stock split.
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