Trigano reports sales of 1,905 ME for the 1st half, up 18% on the same period twelve months earlier.
At the same time, consolidated operating profit before non-recurring items came in at 243.2 ME, up 40.3% on the previous year, with net income up 48% to 180.5 ME.
In terms of outlook, Trigano reports that motorhome markets are expected to remain 'well oriented' in the main European countries in 2024, with double-digit growth in Germany, France, Italy and Spain.
On the other hand, the weak momentum of the caravan market is confirmed, and prospects for a recovery in demand are envisaged 'at best during the 2025 financial year'.
Against this backdrop, the company explains that it will adapt its production capacities and costs to market trends, and that it will continue to 'study all external growth opportunities of major strategic interest'.
Finally, Trigano adds that the acquisition of BIO Habitat is still under review by the French Competition Authority.
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Trigano specializes in the design, manufacturing, and marketing of leisure vehicles and equipment. Net sales break down by family of products and services as follows:
- leisure vehicles (94.5%): motor-homes (78.2% of net sales; Europe's No. 1 automaker; 48,400 vehicles sold in 2022/23; Trigano, Challenger, Autostar, Arca, Chausson, Roller Team, Eura-Mobil, Karmann-Mobil brands, etc.), caravans (7.9%; 14,300 units; Sterckeman and Caravelair), mobile-homes (3.6%; 4,500 units; Résidences Trigano) and other (1.8%). The group also offers vehicle equipment (8.5%; refrigerators, kitchen appliances, screen porches, etc.; Camping-Profi, Euro Accessoires, Clairval, etc.) as well as leasing and financing services;
- leisure equipment (5.5%): primarily trailers (112,100 trailers sold in 2022/23; Erca, Sorel, Trelgo brands, etc.), garden equipment (swings, garden sheds, swimming pools; Abak, Amca, Yardmaster), and campsite equipment (tents, caravan awnings; Jamet, Plisson, etc.).
Net sales are distributed geographically as follows: France (32.6%), Germany (24%), the United Kingdom (10.7%), Italy (6.5%), Belgium (4.6%), Spain (4.2%), the Netherlands (3.6%), Sweden (3.1%), Switzerland (1.5%), Denmark (1.3%), Norway (1.1%) and other (6.8%).