Business report

Groupe Benetau publishes its first quarter activity report

Groupe Benetau has published its first quarter activity report:

  • The boat and leisure residence markets are doing well
  • Global order book at the end of March up 47% compared to March 2021
  • Forecasts maintained for growth in revenue (+11% to 14%) and current operating income (€110m to €120m) for 2022

Groupe Beneteau recorded strong demand in its two markets, with revenue of €317 million in the first quarter of 2022, up 10.6% on a reported basis (+8.9% at constant exchange rates) .

Revenue for the Boat Division increased by +7.5%, with stronger growth in motorboats and in particular in the dayboating segment. This trend is very strong in North America, where growth reached 19.9% ​​at constant exchange rates, as well as in the Rest of the World zone (+61%). At the same time, fleet sales are on the rise again (+2.8%).

In the premium dayboating segment, the new JEANNEAU DB/43 received a particularly enthusiastic welcome during its world premiere on the Côte d’Azur in France at the end of March. On the Waterfront Property market, PRESTIGE launched the M48, its first motor catamaran in the M-Line range, while the first DELPHIA D11 electric models received a very positive reception during their presentation on the canals in the Netherlands.

In the monohull sailing segment, BENETEAU unveiled the new First 36, a production boat with full cruising capabilities and at a competitive price. At the International Multihull Boat Show in La Grande-Motte, the LAGOON 51 received a very favorable reception for its world premiere.

In the Housing Division, the Sainte-Hermine plant started up on January 3, before ramping up as planned, enabling exceptional growth to be recorded from the first quarter. Turnover was up by 21.4% at €78.5 million, benefiting from the robust development of the market in France (+30.3%) and in other European countries.

Outlook for 2022:

Marked by the quality of the orders received and the commercial success of the products, the year 2022 was also marked by a break in the supply chain, which hampered growth. All of the Group’s factories and teams continue to respond to this situation and adapt.

Groupe Beneteau is therefore maintaining its annual targets for 2022 revenue and current operating profit as announced on March 17 (expected 11% to 14% growth in revenue based on published data, expected current operating profit between 110 and €120 million).