Marine product definition
Examples of Marine product in a sentence
Operating margin remained relatively constant in 1995 as an increase in the Marine product line, due in part to lower manufacturing costs of electronics products, was offset by declines in the Automotive product line from a very strong 1994 and, to a lesser extent, the Industrial product line.
In the Marine product line the higher volumes had a favorable impact on operating margin.
Return on average assets increased in 1999 to 18% from 16% in 1998 primarily due to improved operating profits in the Marine product line.
Within the Marine product line, higher operating profits and margins stemming from increased volume of non-marine products were offset by declines from marine electronics products.
Sales increased in the Marine product line due to a stronger marine market and new products including the modern burner unit sold to non-marine markets.