on TRIGANO (EPA:TRI)
Trigano Achieves 10.8% Sales Growth in Q3 2023/2024
Trigano, a major player in the leisure vehicle market, announced third-quarter sales of €1,146.2 million, reflecting a 10.8% increase over the same period in the previous year. This growth was primarily driven by a robust 20.3% increase in motorhome sales.
For the first nine months of the financial year, sales reached €3.1 billion, a rise of 15.4%. However, the company saw a decrease in sales for caravans (-30.9%) and mobile homes (-25.5%). In contrast, sales of trailers showed resilience, growing by 8.0% in volume.
The overall economic climate in Europe negatively impacted other leisure equipment sales, leading to a 9.9% decline. Despite these challenges, Trigano remains optimistic about the motorhome market, which has grown by about 10% since the start of the season.
Trigano continues to evaluate external growth opportunities and is awaiting the French Competition Authority's review of its acquisition of BIO Habitat. The company seeks to adapt to market conditions to maintain and expand its market share.
R. H.
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