(CercleFinance.com) – Fountaine Pajot reported on Thursday “solid” results for its 2021/2022 financial year, marked in particular by an improvement in its operational performance.
At the end of its financial year ended at the end of August, the manufacturer of catamarans and monohulls said to have achieved a turnover up 8.7% to 219.9 million euros.
Although hampered by tensions in terms of supplies and recruitment, activity was driven by international sales and the return of sales to professional rental companies, explains the group.
Its gross operating surplus amounted to 33.4 million euros, against 32.9 million euros a year earlier, the increase in its costs having been more than offset by an impact on the prices of the boats.
As of August 31, 2022, cash flow generated by operating activities reached €54.6 million.
Operating income amounted to 25.9 million euros, up 10.4% compared to the previous financial year, while net income, group share showed a strong improvement at 15.9 million against 11.6 million a year earlier.
On its outlook, the company said it anticipates ‘strong commercial momentum’ for another year of growth in the 2022/2023 financial year.
‘The quality and depth of the order book make it possible to anticipate a new year of sales growth’, specifies the company, which also plans to welcome 150 new employees.
Listed on the Paris Stock Exchange, the Fountaine Pajot share rose by 3.9% at the end of the morning, which allows it to limit its decline to around 22% since the start of the year.