Trigano: the trend remains favorable to motorhomes

(Boursier.com) — Trigano continues its growth with a record turnover of 3.926 billion euros for the 2023-2024 financial year (+12.8%). It is driven by the motorhome activity (+21.7%; +18.9% at constant scope and exchange rates), which benefits from a market that remains well oriented. The leisure equipment business (-3.6%) was penalized by the poor economic situation in Europe. Trailer sales held up well with an increase of 6.4% in volume and a turnover which remained at a level close to that of last year.

Sales for the 4th quarter of 2023-2024 (874.3 ME) recorded growth of +4.6% compared to the previous year.

The growth in turnover, associated with the control of margins and costs, allows us to foresee a current operating margin rate at least equal to that of the 2022-2023 financial year (12.2%).

Outlook

In a buoyant demographic and lifestyle context for leisure vehicles, the European motorhome market shows an increase in registrations of more than 10% over 12 months to the end of August 2024.

Quoting…

The trend is particularly favorable to traditional motorhomes which are outperforming in most countries. The significant attendance at the first autumn shows confirms this interest from European consumers.

Interim dividend

Confident in Trigano’s prospects, the management board has decided to pay a 2nd interim dividend of 1.75 euros per share for the 2024 financial year.
The coupon will be detached on Monday October 7, 2024, and payment will be made from Wednesday October 9, 2024.

Please note that a first installment of 1.75 euros per share was paid last May.