(Boursier.com) — In 2022-2023, Trigano achieves a turnover of 3.48 billion euros (3.177 billion euros in 2022). It grows by +9.5%.
Consolidated current operating profit shows growth of +23.7% to €423.4 million (12.2% of turnover).
Thanks to the quality of the results of its leisure vehicle activity, up nearly 30% compared to the previous financial year, Trigano achieved a net profit of 308.3 ME in 2022-2023 (278.5 ME in 2021 -2022). It is up +10.8%.
These results allowed Trigano to once again strengthen its financial structure with the shareholders’ equity of the consolidated group increasing to €1.605 billion (E1.341 billion as of August 31, 2022).
Trigano maintained its investment effort for a total of €75.8 million (including €18.6 million under IFRS 16) over the 2022/23 financial year, and paid €67.6 million in dividends to its shareholders.
Positive net cash flow amounts to €194.7 million as of August 31, an increase of +69 million compared to August 31, 2022.
Outlook
In a still disrupted economic environment, the results of autumn trade shows and fairs confirmed the keen interest of consumers in purchasing Trigano motorhomes, with an increase in sales to non-renewing customers. The new product ranges repositioned and introduced for the 2023-2024 season largely contributed to this result. The high level of order books, and the confirmation of the clear improvement in the delivery of rolling bases from all suppliers make it possible to envisage good progress in activity in 2023-2024.
Beyond this horizon, Trigano is confident in the growth potential of its business and in its ability to gain market share. The high inflation observed in 2022 has reinforced Trigano in the quality of the positioning of its entry- and mid-range product ranges, making it possible to attract budget-conscious customers looking for an attractive equipment/price ratio.
Concerning the acquisition of the company BIO Habitat, the file is currently being studied by the competition authority in France and should be completed by the end of the first half.
Dividend
The Management Board will propose to the General Meeting of January 9, 2024, the payment of a gross dividend of 3.5 euros per ordinary share for the financial year ending August 31, 2023, i.e. an additional 1.75 euros to the deposit of 1.75 euros paid in May 2023.