(Boursier.com) — It is rare for companies listed on the stock market in the last two years to be able to boast of seeing their shares above the price set at the time of the IPO… Very rare even. But among them, Hunyvers whose title trades around 13.50 Euros, after an introduction at 12 Euros at the start of 2022. It must be said that the specialist in the rental and sale of motorhomes, often presented as a ” little Trigano”, which is also pushing its pawns into the nautical sector, has been able to convince investors with a clear development strategy that has been respected until now.
Objectives set
The consolidated turnover for the entire 2022/2023 financial year stood at €112.4 million as of August 31, an increase of +16.1% compared to the previous financial year. And at the end of this financial year, the company is perfectly well positioned to achieve, during the 2024/2025 financial year, a turnover of more than €170 million accompanied by an operating margin of 6.5%. Objectives announced during the IPO and which have not changed one iota… Again this is quite rare in the sequence of the last two years!
On the occasion of the CIC Forum by Market Solutions, the Chairman and CEO, Julien Toumieux confirmed that he did not see any sign of slowdown in his market, nor any effect of the increase in rates on demand, while Hunyvers is selling 1 camper. because out of 2 via credit: “This has no effect on the end consumer. On the other hand, concerning our stocks, there is a real subject and the difficulty will be to anticipate the financial result depending on the level of our stocks. Their cost is increasing. Should we turn the stock more quickly even if it means lowering the margin a little? This is all the arbitration that is at stake today within Hunyvers…”
Boating
In the nautical sector, where the group wants to deploy its ambitions, it recently acquired Groupe LBC Nautic, “an entity which meets our standards at all levels and in particular that of operating profitability and which fits perfectly into our strategy” , explains the manager who adds, in general, regarding boating: “The parallels between the boating market and that of motorhomes are numerous. The latter has been structured over the years, in terms of marketing, sales, with consolidator players. But this is not yet the case in the nautical sector and we have significant opportunities ahead of us.”
©2023 Boursier.com