(AOF) – Trigano (-7.82% to 142.60 euros) posted the biggest drop in the SBF120 this Wednesday after the publication of its half-year results. The leisure vehicle specialist announces that the reconstitution of the stock of motorhomes by the distribution networks from which it benefits is now complete and that the growth of its activity should therefore come closer to that of its markets over the coming months. The group, however, posted a half-year net profit up 48.3% to 180.5 million euros.
Consolidated current operating profit increased by 40.3% year-on-year to 243.2 million euros.
“The weak dynamics of the caravan market are confirmed”, specifies Trigano, adding that “the prospects of a recovery in demand are envisaged at best during the 2025 financial year”, while the mobile home market, remained sustained in the first half although affected by the level of interest rates, “could be marked by a reduction in investment by large operators in the outdoor hotel industry”.
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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.