France · Delayed Price · Currency is EUR 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 innovation, despite order intake slowing since March due to the Middle East conflict. Electrification and standardization efforts are advancing, with a 10%-15% market adoption target by 2030.
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.