Bénéteau Earnings Call Transcripts
Fiscal Year 2026
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Q1 revenue rose 30% year-over-year to €170 million, driven by accelerated product launches and strong retail sales. Order intake slowed since March due to the Middle East conflict, but the order book and U.S. market remain robust. Electrification and cost management are key strategic focuses.
Fiscal Year 2025
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H1 2025 was challenging due to tariffs, inflation, and ERP issues, but H2 saw a rebound with a 24% increase in order intake and normalized dealer inventory. Despite a EUR 29 million write-off, positive free cash flow and a stronger order book position the company for growth, barring geopolitical uncertainties.
Fiscal Year 2024
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Exceeded €1 billion in sales and EBIT guidance, driven by cost adaptation and value-focused growth. Completed Housing division sale, boosting net income and cash. 2025 outlook remains cautious amid market headwinds, with a focus on innovation and sustainability.