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 a slowdown in order intake due to the Middle East conflict. Electrification and cost control remain strategic priorities, with the U.S. market showing resilience.
Fiscal Year 2025
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S1 2025 was challenging due to tariffs, inflation, and ERP issues, but S2 rebounded with a 24% increase in order intake and normalized inventory. Despite a EUR 29 million write-off and negative net income, liquidity improved, and a EUR 0.20 dividend is proposed, reflecting confidence in future growth.
Fiscal Year 2024
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Surpassed €1 billion in sales and exceeded EBIT margin guidance, driven by cost control and value-driven growth. Completed the Housing division sale, boosting net income and cash position. 2025 is expected to be challenging, with a focus on innovation and sustainable product launches.