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Highline diesel pusher manufacturer Country Coach reported record sales volume during the first quarter of this year, its parent company, National RV Holdings Inc., reported today (April 27).
Country Coach’s sales revenue increased 85% to $46.7 million during the three months ended March 31, compared with $25.2 million generated during the January-through-March portion of 2003.
Meanwhile, sales at the National RV subsidiary of National RV Holdings increased 19% during the first three months of this year to $63.3 million, compared with $53.4 million during the same portion of last year.
The sales revenue increases contributed to the parent company reporting a net profit of $669,000 for the first quarter, compared with a net loss of $4.7 million incurred during the first three months of 2003.
National RV Holdings’ first quarter profit was held down by “heavy overtime, discounting on some older high-end units and slowing warranty improvements,” said Brad Albrechtsen, president and CEO.
There were a total of 293 Country Coach and National RV diesel pushers shipped to the company’s dealers during the first quarter, a 24% increase over the 237 units delivered during the same portion of last year.
Shipments of National RV gas engine Class A motorhomes also increased at a robust 50% rate during the first three months of this year to 499 units, compared with 332 units shipped a year earlier.
However, deliveries of National RV towables declined 19% in the first quarter to 315 units, compared with 390 units shipped a year earlier. Since late last year, the Blaze’n and Rage’n sport utility trailer (SUT) models have been the only towable RVs built by National RV.