(CercleFinance.com) – Fountaine Pajot shares gained nearly 3% on Wednesday on the Paris Stock Exchange after the catamaran manufacturer unveiled favorable 2023/2024 prospects, with expected growth above 10%.
While it recognizes that the global boating market is currently showing ‘some signs of slowing down’, the group highlights the good visibility of its order book, as well as its efficient industrial organization.
It declares that it is banking on its product launches – such as the New Power 80, a luxury yacht which will be marketed before the end of 2024 – as well as on the continued commercial deployment of hybrid electric solutions.
In total, Fountaine Pajot plans to invest 16 million euros this year, both in the development of new boats and also in manufacturing capacities (workshops and working conditions).
During the 2020-2023 period, its turnover increased by 100 million euros to reach 277 million euros, freeing up resources to invest more than 40 million euros in four years. .
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