The global recreational boat market (scope covered by the Group) shows positive trends, with estimated growth of +3% in revenues and around +2% in volumes.

For FY 2017-18, the orders recorded at December 31, 2017 are up +23.4% from the order book for the same period last year. This progress reflects +25.1% growth for the sailboat segment and +21.9% for the motorboat segment. Full-year revenue growth for the Boat Division is expected to reach +5.5% to +7.5%, outpacing the markets.

For the 2017-18 season, the Group's 10 brands are launching a total of 38 new models (vs 29 new models last season), effectively aligned with demand from growing market segments (incl. multihull sailing, outboard, large units).

The Group is continuing to ramp up the development of new products to capture market growth. The current financial year will see the completion of the main capacity investments for multihull and outboard production.

Bénéteau SA published this content on 08 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 February 2018 09:09:01 UTC.

Original documenthttps://press.beneteau-group.com/news/financial-information-meeting-2018-57f2-49529.html

Public permalinkhttp://www.publicnow.com/view/18D926F385E2784758BDAEFD18418312321998D0