For the first nine months of its 2023-24 fiscal year, pleasure boat manufacturer Catana Group posted sales growth of 16% to 167.5 million euros, confirming a pace expected to be around 10% for the year.
In a market slowed by headwinds (rising interest rates, economic and geopolitical uncertainties, sharp increases in boat prices), Catana Group has maintained a solid level of business, driven by the success of the Bali range", it explains.
In a market that now seems to be normalizing, Catana has begun to diversify its customer base, in order to move away from large accounts. In the coming months, it will be offering a financing package tailored to the needs of smaller rental companies.
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Catana Group specializes in the design, construction and marketing of luxury pleasure boats. The group also operates the concession of a harbor located in the department of Var (Port Pin Rolland). Net sales break down by activity as follows:
- sale of boats (96.7%): luxury catamarans (Catana, Bali and Catspace brands);
- services (3.3%): work carried out on boats (refitting, repairs, maintenance work, etc.), hire of boat-mooring places and security services (400 mooring spaces and 500 on-land storage spaces), boat hire, etc.
Net sales are distributed geographically as follows: France (25.9%), Turkey (11.5%), United States (14.8%), Italy (6%), Greece (5.2%), Mauritius (4.6%), Spain ( 3.9%), and others (28.1%).