on BENETEAU (EPA:BEN)
Beneteau's First-Half 2026 Sales Grow Amid Middle East Conflict
Groupe Beneteau reported a 12% increase in first-half revenues for 2026, totaling €452 million. This growth, a significant improvement from 2025, was driven by successful model launches in 2025, bolstering retail sales by 14%. However, the ongoing Middle East conflict impacted the second quarter, slowing growth to 3% as inventory management became cautious among dealers.
Beneteau plans to support its growth trajectory by launching 24 new models in the upcoming 2026/2027 boat season. Adjustments in production capacity, including the closure of the Cadillac site and divestment of certain American brands, aim to enhance profitability amid geopolitical uncertainties.
Regionally, sales in Europe rose by 14.5%, with North & Central America up by 37.4%, partly due to deferred deliveries. Despite geopolitical challenges, Beneteau remains focused on achieving full-year growth.
R. E.
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