(CercleFinance.com) – Catana Group announced Monday evening that its new 2023/2024 financial year had opened ‘on good growth bases’, which allowed its shares to gain nearly 7% on Tuesday on the Paris Stock Exchange .
The pleasure boat manufacturer saw its turnover increase by more than 16% to 46.7 million euros in its first fiscal quarter, compared with 40.1 million euros a year earlier.
In its press release, the group based in Canet-en-Roussillon evokes ‘serene’ long-term prospects, even if the fallout from post-Covid euphoria, combined with an inflationary context and rising rates, has generated according to it greater wait-and-see attitude and made anticipations more complex.
‘Even if the visibility is less profound than a few months ago, it remains sufficient to maintain good growth dynamics,’ assures the company.
Catana says in particular that it wants to continue its strategic plan aimed at significantly strengthening its long-term development potential, with developments now aimed at the large size segment where the brand is not yet present.