on BENETEAU (EPA:BEN)
Beneteau's Third-Quarter Revenue Decline Amidst Rising Order Intakes
Beneteau reported third-quarter revenues of €171 million, marking a 3% decline at constant exchange rates. This follows a 27% revenue contraction in the first half of 2025. However, new model launches have led to a significant 33% increase in order bookings despite a challenging macroeconomic environment.
The Motor segment showed resilience with a 23% sales rise, thanks to strong performance from brands like PRESTIGE and successful models like the Merry Fisher 1295 and the Wellcraft 38 T-TOP. Meanwhile, the Sailing segment faced a 36% contraction, influenced by reduced demand from charter professionals.
Regionally, North America saw an 8% activity increase, while Europe experienced a slight decline due to slow sailing model growth. Moving forward, Beneteau expects fourth-quarter revenues around €300 million and a return to profitability in the second half of the year.
R. H.
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