(CercleFinance.com) – For the 2023 financial year, the Group’s sales reached a level of 1,785 ME, up 18% compared to 2022 Excluding Housing, the Group’s turnover in published data amounts to 1,465 ME, up 17% on a comparable basis.
The turnover of the Boat division reached 1,465 ME, up 17% compared to 2022 (+18% at constant exchange rate).
The Sailing activity, which represents 47% of sales for the financial year, grew by more than 30% over the period. The Engine activity grew by 9% at constant exchange rate over the financial year.
‘In this context, the continued move upmarket of its product offering, as well as the flexibility of its industrial tools, will enable the Boat division to generate a current operating margin of between 7% and 10% in 2024,’ indicates the group. ,