Groupe Beneteau Reports First Quarter Results
May 15, 2025
Revenues were down 43% year-over-year, as the company expected the quarter to be the low point for 2025.
Revenues were down 43% year-over-year, as the company expected the quarter to be the low point for 2025.
Sean Gatesy has held positions at BRP, Jackson Dawson and Textron/Arctic Cat.
Revenues were down 29.4% year-over-year, with a reduction in demand affecting the sailboat segment most.
It established three business segments, each with a new general manager.
Revenues were down 39%, which the company said is “linked mainly to the change in dealership inventory levels.”
Income from ordinary operations in 2023 was $266.2 million, a 59% increase over the previous year.
Sales in the boat division were up 17.1% for the year but down 11.9% for the fourth quarter.
Sailboat revenues increased 15% in the third quarter and a collective 42% for the first nine months of the year.
Thibaud Maudet will oversee all operations for the Jeanneau brand and will be based in in Fort Lauderdale, Fla.
Revenues for the first half of the year were $852.69 million, and the division doubled income from ordinary operations to $137.65 million.
Revenues were down 43% year-over-year, as the company expected the quarter to be the low point for 2025.
Sean Gatesy has held positions at BRP, Jackson Dawson and Textron/Arctic Cat.
Revenues were down 29.4% year-over-year, with a reduction in demand affecting the sailboat segment most.
It established three business segments, each with a new general manager.
Revenues were down 39%, which the company said is “linked mainly to the change in dealership inventory levels.”
Income from ordinary operations in 2023 was $266.2 million, a 59% increase over the previous year.
Sales in the boat division were up 17.1% for the year but down 11.9% for the fourth quarter.
Sailboat revenues increased 15% in the third quarter and a collective 42% for the first nine months of the year.
Thibaud Maudet will oversee all operations for the Jeanneau brand and will be based in in Fort Lauderdale, Fla.
Revenues for the first half of the year were $852.69 million, and the division doubled income from ordinary operations to $137.65 million.
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