2023-06-28 07:55:08
Par Loic Danton
Posted 4 minutes ago, Updated 4 minutes ago
62238644/savoieleysse – stock.adobe.com
While the recovery should accelerate in the second half, for the moment, the activity remains disturbed by external elements.
With share price declines of around 5%, and another 1% this morning, investors are clearly showing their disappointment when reading Trigano’s third quarter activity (ending May). Turnover recorded gross growth of 12.3% and 12.8% organically to 1.03 billion euros.
In detail and on a like-for-like basis, the Leisure Vehicles division recorded sales of 970 million euros, up 15.6%. An increase driven by motorhomes, which saw their production increase by 15% and their billings by 19.8%. Caravans grew more modestly by 3.5%, while mobile homes suffered from the lack of availability of transporters (-4.6%).
Accelerating growth, but slower than expected
The other branch of activity, Leisure Equipment, on the other hand, posted a sharp drop of 17.6% to 145.6 million euros. It was affected by unfavorable economic conditions in France and Europe according to management. So, if the decline in trailer sales slows…
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