Brunswick plans on flat to falling markets in '07

Newswire

CHICAGO, Oct 27 (Reuters) - Brunswick Corp. , the world's largest maker of recreational boats, warned on Friday it expects the marine market, already hurt by higher interest rates and gas prices, to be "flat to declining" in 2007. During a conference call to discuss third-quarter results, the company said retail demand had fallen by "high single digits to low double digits." Despite easing gas prices in recent weeks, dealers have not reported a pickup in showroom traffic, it said. ...

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