(AOF) – Bénéteau posted net income, group share, up 121.6% in the first half, to 117.1 million euros compared to 52.9 million a year ago. The pleasure craft specialist raises its current operating margin forecast for 2023 to 12% compared to 11.5% previously, and confirms the turnover forecast for its Boat division for the year, which should reach 1.45 billion dinars. euros (+16% over one year). Half-year turnover reached 1.02 billion compared to 715 million a year ago (+43.8%).
Ebitda increased 65.4% to 191.7 million euros compared to 115.9 million. Over the first half of 2023, the Group’s current operating profit reached 163.4 million euros on a like-for-like basis, or 15.9% of turnover.
“The 2023 results of the Beneteau Group, like this first half, benefit from the transformations of the last three years,” comments Bruno Thivoyon, Managing Director of the Beneteau Group. “The progress made on the various levers of our strategic plan thanks to the work of the Group’s 8,000 employees therefore allows us to confirm our 2025 objectives.”
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Global tourism still on the rise
Over the first nine months of 2022, 700 million tourists traveled internationally, more than double (+133%) the figure recorded for the same period in 2021. This figure reached 63% of 2019 levels , which should allow the sector to reach 65% of its pre-pandemic levels in 2022. This result is due to a high level of demand and the gradual lifting of restrictions in a large number of countries. Europe is significantly supporting this rebound with the arrival of 477 million people between January and September 2022 (68% of the global total), reaching 81% of the pre-covid level. Tourism there is driven by strong intra-regional demand and travel from the United States. Some destinations saw notable increases in revenue, including Serbia, Romania, Turkey, Latvia, Portugal, Pakistan, Mexico, Morocco and France.