RVIA Economic Impact Study

The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.

Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .

Dometic Group Reports Second Quarter Growth at 8 Percent Increase

Mon Jul 18, 2016

146117015596589.pngDometic Group reported a second quarter growth of SEK 3,461 million in net sales, an 8 percent increase from the previous quarter.

The operating profit before items affecting comparability was measured at SEK 584 million, which was a margin of 16.9 percent.

We are pleased to deliver sales growth in seven out of eight businesses for the second quarter, which is seasonally the strongest quarter of the year," Domestic CEO Roger Johansson says. "Organic growth amounted to 9 percent and EBIT margin before i.a.c. improved to 16.9 percent. We are seeing healthy underlying development in all our regions. Cash flow was robust, with debt leverage now at 2.1x compared to 2.7x following the IPO in November last year. The global outlook for the RV markets remains positive, with Europe showing particularly strong momentum and the U.S. continuing its steady development. All in all, in light of the current performance and conditions in our markets, we remain confident for the rest of 2016."

The interim report and results presentation can be found at www.dometicgroup.com