Tag

earnings

Browsing

Polaris has been the company on the move in 2011, and its second quarter earnings show why. Gobbling up Indian and then later GEM, Polaris has shown that it has an appetite for growth, which has been fueled by its strong sales, which have increased in revenue by 41% over Q2 2010. Perhaps more impressive is that the American company has parlayed that increase in revenue into a 90% increase in net income over the same time period, which has been a boon for the company’s shareholders and a testament to the company’s reduced-cost structures.

BMW continues to buck the trend, releasing sales data that shows the Bavarian company getting a 21% sales boost last quarter when compared to Q1 of 2009. The company made €351 million in sales revenue (also up 21%), which came to €32 million EBIT, up 14.3% from Q1 of last year as well. BMW cites strong sales from the S1000RR, and the newly revised R1200GS/RT as being the reason for the strong sales numbers.