Subscribe to J'adore MilkNews FeedSubscribe to J'adore MilkComments

While many of our competitors appearto be pulling back on new product introductions for the upcoming model year wecontinue to invest in

Posted by admin  
Filed under Magazine

Leave a comment

While many of our competitors appearto be pulling back on new product introductions for the upcoming model year, wecontinue to invest in our future and have exciting new off-road vehicles andmotorcycles that will be announced. This is an important step in both broadening our product and newtechnology offerings." Wine continued, "Next week we will be unveiling our model year 2010 products toour dealers at our annual dealer meeting. We are taking importantsteps to improve our Victory business and also announced the newest addition toour On-Road business today with the introduction of Polaris` first low emissionvehicle. The accelerating weakness in the motorcycle industryretail sales put additional pressure on our Victory business, which performedbelow expectations for the second quarter in a row. We gained market share in ourORV business during the second quarter 2009 resulting in further decreases inATV dealer inventories. "We once again expanded our gross margins when compared tolast year, primarily through lower commodity costs and our flexiblemanufacturing and highly variable cost structure.

"While the challenging economic environment continued to be a headwind in thequarter, we remained on strategy and effectively executed our business plansdelivering results that exceeded our expectations," noted Scott Wine, ChiefExecutive Officer. By comparison,2008 second quarter net income was $24.4 million, or $0.72 per diluted share.Sales for the second quarter 2009 totaled $345.9 million, a decrease of 24percent from second quarter 2008 sales of $455.7 million. Global Biofuel Industry - A Statistical View 4.1 Ethanol Dominating the Biofuel Industry 4.2 Accelerating Biodiesel Production 4.3 Cost Analysis of Biofuel 4.4 Future Outlook 5. Market Performance 5.1 Americas 5.2 Asia-Pacific 5.3 Europe 5.4 Others For more information visit http:// and MarketsLaura Wood, Senior Manager, U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716 Copyright Business Wire 2009. (NYSE: PII) today reported net income of $17.5 million,or $0.53 per diluted share, for the second quarter ended June 30, 2009 helped bya 40 basis point increase in its gross profit margin percentage. Itgives a deep insight of the regional trends prevailing in the biofuel marketacross the globe.

Analysis and statistics regarding market size, growth,regional segmentation, and trends in technology developments have beenthoroughly analyzed in the report to provide clients a comprehensive overview ofthe concerned market Key Topics Covered:1 Analyst View 2. Biofuel Industry - A Theoretical Overview 2.1 Biodiesel 2.2 Ethanol 3. Global Biofuel Industry - An Analysis 3.1 Oil Prices 3.2 Government Support 3.3 Environmental and Social Benefits 3.4 Kyoto Protocol and Biofuel Development 3.5 Second-generation Biofuel Production 3.6 Rural Development 3.7 Biofuel Transportation and Distribution Issues 3.8 Biofuel Feedstock and Consequences 3.9 Fossil Fuel Alternatives 4. In this regard, thereport provides detailed analysis of the key trends and development of biofuelindustry in the Southeast Asian region. "Global Biofuel Market Analysis" provides extensive information and rationalanalysis on the world's biofuel markets and emerging trends in the industry.

Our research also foresees significant growth potential of biofuel industry indeveloping countries, such as India and China. The Southeast Asian region has anenormous potential in the field of biofuel production as a result of upcomingbiofuels plants in the region. With increasing demand for biofuel, the regioncan become net exporter of biofuel to the developed world. The region is also investing huge sums inthe development of new technologies and methods for biofuel production. The two aforementionednations accounted for around 79% of the total world ethanol production in 2008.The immense support from the regional government has particularly been drivingthe growth of the biofuel industry.

Comments

Comments are closed.