(AOF) – Hunyvers, specialist in the distribution of leisure vehicles (VDL), announces a turnover up 16.1% for the 2022/2023 financial year to 112.4 million euros. It also revealed a 14.7% increase in its gross margin to 23.9 million euros. The company confirms its roadmap for 2025, targeting a turnover of more than 170 million euros and an operating margin of 6.5%. The company continues to evolve in a favorable environment, against the backdrop of demand supported by structural trends both in VDL and in boating.
“At the same time, the weakening of competition, atomized and faced with a tightening of financial conditions, creates an environment conducive to the pursuit of an offensive and selective external growth strategy,” adds the group in its press release.
“Given the increase in stocks of new vehicles anticipated for the current financial year”, the company however expects “a significant increase in financial costs in 2023/2024”.
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Global 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 high 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 saw notable increases in revenue, including Serbia, Romania, Turkey, Latvia, Portugal, Pakistan, Mexico, Morocco and France.