Brunswick Corporation (BC) 2020年年度报告「NYSE」.pdf

1、A N N U A L R E P O R T2020March 19,2021Dear fellow shareholders:2020 was a year that challenged our organization in many ways,but the Brunswick team responded with characteristic resolve,discipline,and creativity.Amid the global pandemic and a dynamic social and political environment,our Company pr

2、ioritized the health and safety of our employees,customers,and partners while delivering outstanding financial and operating performance.In 2020,we delivered an eleventh consecutive year of adjusted earnings per share(EPS)growth,with adjusted EPS coming in at$5.07,an increase of 17 percent vs.2019.O

3、ur consolidated net sales of$4.3B represented an increase of six percent over prior year and we generated record free cash flow of$629M and record adjusted operating earnings of$578.9M,an increase of nine percent vs.2019.As consumers around the world turned to boating as a recreational activity comp

4、atible with social-distancing,we gained market share in many markets and segments,and also saw a record number of first-time boat buyers enter the market and engage with our industry-leading brands via our significantly upgraded websites and other digital assets.At the same time,we added more than 4

5、0 new Freedom Boat Club locations and nearly 10,000 new memberships.The transformational changes we are making to our business have reinforced our position as the industry leader and,together with retail and wholesale demand tailwinds,and a new generation of younger boaters that includes more women

6、and ethnic minorities,have positioned us to deliver on our strategic plan targets.We believe 2021 will be another year of growth for our business and the marine industry.Consumer interest in outdoor activities that enable social distancing is expected to remain strong,and the associated trend of fle