Trigano's share price was the biggest riser in the SBF 120 index on the Paris Bourse on Friday, following forecasts welcomed by financial analysts.

At around 10:00 a.m., the motorhome manufacturer's share price was up by more than 8%, although it was still down 7% since the start of the year.

Last night, the leisure vehicle specialist reported sales of 836.1 million for the fourth quarter of its 2022/23 fiscal year, up 13.2% year-on-year.

The group says it benefited from a further strong rise in motorhome sales over the period (+19.7%).

As for its equipment division, sales of caravans (+3.7%), mobile homes (+1.9%), and accessories (+3.6%) remained buoyant, it adds.

Conversely, its trailer (-6.6%), garden equipment (-9.6%) and camping equipment (-18.0%) businesses were affected by the sluggish economic situation in France.

The good trend in the leisure vehicle business has enabled the company to record sales growth of 9.5% over the full 2022/23 financial year.

Trigano adds that sales growth, combined with tight control of margins and overheads, has led it to forecast operating income before non-recurring items "in excess of 400 million euros" for the past financial year.

In a reaction note, analysts at Invest Securities refer to a forecast that is "higher than expected", since they were counting on recurring Ebitda of 386 million.

In view of the high level of its motorhome order book, Trigano claims to benefit from good visibility on its business, and is confident in its ability to achieve further sales growth for the 2023/24 financial year.

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