Beneteau : 2018-19 nine-month & Q3 revenues

For the first nine months of the year, Boat Division revenues totaled €758.1 million, up +4.9% year-on-year and +3.5% at constant exchange rates. The acquisitions of Seascape and Delphia generated €9.6 million of additional revenues. Like-for-like revenue growth came to +3.9% (+2.7% at constant exchange rates).

The Boat Division's growth is being supported by positive sales trends on the European, North American and fleet markets. In the third quarter, Europe delivered the strongest growth for these three sectors (+12.3%), with fleet sales primarily recorded during the first half of the year. In North and Central America, following a robust first six months, sales slowed down in the third quarter. For both the first nine months and the third quarter, sales are down year-on-year for the Asia, Pacific, South America and Rest of World regions, which together represent just 8% of the Boat Division's revenues.

In the outboard motorboat segment, sales are robust, benefiting from the Europe region's growth in the third quarter. They are stable for the segment for 30 to 60-foot inboards. In the segment for boats over 60 feet, business has continued to be affected by the slowdown in sales of large yachts seen since the start of the year. This trend is reflected in the contraction in sales for Asia, Pacific, South America and the Rest of the World.

The sailing segment, which generated 48% of sales over the first nine months of the year, is continuing to benefit from the strong development of catamarans and the progress made with monohull sailing.