Beneteau raises its annual outlook – 09/28/2022 at 18:23

(AOF) – Beneteau, the manufacturer of pleasure boats, has unveiled half-year results in progress. Ebitda, up 18.9%, stands at 115.9 million euros. Net income group share, up 12.3%, came to 52.9 million euros. Revenue in the first half of 2022 increased by 8.6% to 715.2 million euros. Current operating income increased by 30.4% to 79.9 million euros over the period, despite supply pressures.

In the context of stabilizing pressure on supplies observed since the end of the second quarter, the Group confirms its annual sales forecasts for the Boat division, up 10% to 13% in published data and raises its forecasts of annual growth in the Housing business now expected to exceed 30%.

Groupe Beneteau thus raises its outlook for annual growth in consolidated revenue to between 13% and 16% on a reported basis and now expects to achieve current operating profit of between 120 million euros and 125 million euros, i.e. a increase between 25% and 30% compared to 2021 (95.8 million euros).

The manufacturer of pleasure boats was previously targeting a turnover growth of 11% to 14% and a current operating profit of between 110 million euros and 120 million euros.


Out of the crisis for the cruise

The recovery is tangible in Europe. MSC Cruises, the leading European company, resumed operation of its entire fleet in June, i.e. 19 cruise ships – including 14 in the Mediterranean. Similarly, the Costa group, a subsidiary of the American cruise giant Carnival, should operate all of its liners (24 in number) by the end of the year. On the other hand, China remains on the sidelines of the general movement, due to its extremely restrictive health policy. The Cruise Lines International Association (CLIA) expects the industry to return to its 2019 record traffic of a total of 32 million cruise passengers by the end of 2023.

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