Favorable winds for Fountaine Pajot in the first half of the year


(AOF) – Fountaine Pajot posted a sharp increase in net income, group share, in the first half of 2023/2024 (concluded on February 29, 2024): 13.5 million euros compared to 7.8 million a year ago. Over this period, turnover increased by 48% (33.2% at constant scope), strongly focused on international markets: 164.9 million euros compared to 111.4 million euros ago. a year. The manufacturer of consumer catamarans emphasizes that its dynamic is “supported by the acceleration of production rates and the success of the latest launches”.

After exceptional years (post-Covid catch-up), the group “confirms a return to normal in demand”.

Benefiting from strong growth, the group posted a gross operating surplus of 29.8 million euros in the first half of the year, compared with 12.6 million euros a year earlier. The operating result, before provisions for goodwill depreciation, amounted to 25.2 million euros.

Despite a market marked by “a certain wait-and-see attitude among owner and charter customers”, the group is aiming for a new year of profitable growth “thanks to strong activity and numerous orders to be delivered”. Thanks to the good economic performance achieved in the first half, it announces that it will continue its investments (capacities and products) and human investments (recruitment, profit-sharing and employee participation).

© 2024 Agence Option Finance (AOF) – All reproduction rights reserved by AOF. AOF collects its data from the sources it considers the safest. However, the reader remains solely responsible for their interpretation and use of the information made available to them. The reader must therefore hold AOF and its contributors harmless from any claim resulting from this use. Agence Option Finance (AOF) is a brand of the Option Finance group

Did you like this article? Share it with your friends using the buttons below.





Facebook


Linkedin


E-mail





Source link -85