In fiscal 2023, Group sales reached a level of 1,785 ME, up 18% on 2022 Excluding Habitat, Group sales on a reported basis amounted to 1,465 ME, up 17% on a like-for-like basis.

Sales for the Boat division came to ME 1465, up 17% on 2022 (+18% at constant exchange rates).

The Sailing business, which accounted for 47% of sales over the year, grew by more than 30% over the period. Engine sales rose by 9% at constant exchange rates.

' Against this backdrop, the continued upgrading of its product offering, together with the increased flexibility of its manufacturing base, will enable the Boat Division to generate a recurring operating margin of between 7% and 10% by 2024', says the Group,

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