(AOF) – The Fountaine Pajot Group, specialist in the manufacture of pleasure boats, announces a net profit group share of 7.76 million euros for the 1st half of the 2022/23 financial year, ended February 28, compared to 5.65 million last year. Turnover shows an increase of 23% over one year, to 111.43 million euros. Gross operating surplus amounted to 12.5 million euros against 12.9 million euros a year earlier, “negatively impacted by inflation on purchase prices”.
Operating income for the first half of 2022/23 amounted to €10.7 million, up 19.1% compared to the first half of 2021/2.
Fountaine Pajot “anticipates a new year of growth” in 2022/23, “higher than that of 2021/22, supported by the quality and extent of its entire range”, “given the level of activity of this first part of the financial year, the good level of orders to be delivered and the accelerating production rates”.
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World 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 strong 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 recorded notable increases in receipts, including Serbia, Romania, Turkey, Latvia, Portugal, Pakistan, Mexico, Morocco and France.