Groupe Beneteau reported first-half 2026 revenues of €449.2 million ($513 million), up 11.2% year-over-year, as income from ordinary operations returned to break even and the company continued implementing its strategy to outperform the market, the company stated in a press release.
Net income was affected by €30 million ($34.2 million) in non-recurring expenses, linked primarily to the impairment of assets tied to the company’s discontinued American brands. (Groupe Beneteau announced in June that it is divesting the Cadillac, Mich., facility and its Four Winns, Scarab Jet and Glastron brands.)
“The first half of the year confirms the upturn in the group’s business, with 11% revenue growth, outperforming the market across every segment, and a significant turnaround in income from ordinary operations, which returned to positive territory, excluding the American activities which the group is withdrawing from,” CEO Bruno Thivoyon said in the release.
“The ongoing conflict in the Middle East has weighed on order intake since March and continues to call for a cautious approach. However, the very good response to the 18 new models presented at Cannes, the first stage of a plan for 24 launches over the season, reinforces our confidence in our product strategy to go on the offensive,” Thivoyon said.
Groupe Beneteau said sales are expected to grow 4% to 9% in 2026, excluding the discontinued American activities, with full-year consolidated revenues projected to reach €860 million to €900 million ($980 million to $1.03 billion). The company cited continued operational discipline and ongoing measures to adapt its cost structure and said it expects positive income from ordinary operations for the full year, excluding the impact of the discontinued American activities.
