
Groupe Beneteau Reports Quarterly Earnings
The company reported revenue of $197 million for the third quarter, a 3% decrease year-over-year.

The company reported revenue of $197 million for the third quarter, a 3% decrease year-over-year.

Second quarter sales contracted by 16% at the France-based builder.

Boat revenues were down 31.5% in the first six months of the year, led primarily by a decline in small-boat sales.

Catherine Pourre has been a member of Groupe Beneteau’s Governance bodies since 2014.

Previously president of Beneteau America, Don Smith will serve as brand director of Scarab.

The Chesapeake Bay dealership will carry Beneteau monohull sailboats and Lagoon catamarans.

The company has a new group CEO and chairman, as well as a new CEO of the boat division, after last week’s annual meeting

The builder said boat sales rose in the first quarter, with North American sales outperforming, but it did not change its full-year guidance.

Bruno Thivoyon will replace CEO Jérôme de Metz, who retires in June, and Gianguido Girotti will become deputy CEO and CEO of the Boat Division.

The builder is set to launch a multinational tour of seven European countries for its Roadshow.

The company reported revenue of $197 million for the third quarter, a 3% decrease year-over-year.

Second quarter sales contracted by 16% at the France-based builder.

Boat revenues were down 31.5% in the first six months of the year, led primarily by a decline in small-boat sales.

Catherine Pourre has been a member of Groupe Beneteau’s Governance bodies since 2014.

Previously president of Beneteau America, Don Smith will serve as brand director of Scarab.

The Chesapeake Bay dealership will carry Beneteau monohull sailboats and Lagoon catamarans.

The company has a new group CEO and chairman, as well as a new CEO of the boat division, after last week’s annual meeting

The builder said boat sales rose in the first quarter, with North American sales outperforming, but it did not change its full-year guidance.

Bruno Thivoyon will replace CEO Jérôme de Metz, who retires in June, and Gianguido Girotti will become deputy CEO and CEO of the Boat Division.

The builder is set to launch a multinational tour of seven European countries for its Roadshow.