Oddo BHF maintains its 'outperform' rating on Trigano shares, with an unchanged target price of 175 euros.

At the time of the publication of its annual results at the end of November, management confirmed the high level of order books and the marked improvement in chassis deliveries from all suppliers. On this basis, the Group is forecasting good sales growth in 2023/24 (around +10%), reports the analyst.

Oddo BHF adds: "All in all, the Group has a number of strengths, and in particular a reassuring order book for business growth in 2024.

The broker adds that the process of acquiring Bénéteau's Mobil Home business is 'on track', with completion expected by February 2024.

Copyright (c) 2023 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as decision-making aids for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.