Boat maker expects revenue to have legs

Amphibious-boat maker Sealegs International expects to exceed its year sales forecast by about 25 per cent.

The company said it was struggling to keep up with demand overseas and expected its total sales revenue would now be about $5 million, instead of its previous estimate of $4 million.

The company has announced $3 million of forward orders and will move to a new 1858sq m factory in March next year.