(CercleFinance.com) – The Group recorded revenue of €478 million in the 1st quarter of 2023, up 51% compared to 2022 (+49% at constant exchange rates).
The turnover of the Boat division amounted to 375ME, up 57% (+55% at constant exchange rates). That of the Housing division amounted to 103ME, up 31%.
Beneteau raises the annual revenue forecast for its Boat division to 1,450 ME (compared to 1,360 ME previously), an increase of 16% compared to 2022 in published data (+18% at constant exchange rates). On a like-for-like basis, the Group’s consolidated turnover should thus exceed €1,750 million, up 16% in published data.
This revenue growth should allow the Boat division to achieve a current operating margin of 11% in 2023 (compared to 10.5% previously). On a like-for-like basis, the Group’s current operating income should amount to €190m (vs. €170m), up more than 22% compared to 2022.
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