Marine Products(US:MPX) Seeking Alpha·2025-10-30 17:26Core Viewpoint - Marine Products Corporation reported a 7% increase in third-quarter sales compared to the previous year, indicating a recovery from prior inventory destocking and production lows experienced in the second quarter of 2024 [4]. Financial Performance - The third quarter sales growth marks the first year-over-year increase in over a year, suggesting a positive trend in the company's operational performance [4]. Inventory and Production - The company noted that the largest part of the destocking of channel inventory appears to be behind them, which is a significant factor contributing to the sales growth [4]. - Production levels have improved from the lows seen in the second quarter of 2024, further supporting the sales increase [4].