Added to YB: 2026-02-12
Pitch date: 2026-02-10
BEN.PA [neutral]
Bénéteau S.A.
-19.06%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
Bénéteau S.A. designs, produce, and sells recreational boats in France, rest of Europe, North America, South America, Asia, and internationally.
Market Cap
EUR 517.6M
Pitch Price
EUR 7.71
Price Target
N/A
Dividend
3.10%
EV/EBITDA
12.72
P/E
-12.10
EV/Sales
0.70
Sector
Leisure Products
Category
turnaround
Bénéteau (BEN France): clearing the backlog before new launches
BEN.PA (update): FY25 rev €849m, -17.1% cc, below est. Q4 -6.5% cc but flat ex-$20m US customs delay. H1 rev -27% from dealer destocking, stabilized by Q4. Motorboats (54% sales) -9.8% cc but H2 +1%; Sailing (44%) -26.6% cc, weak charter demand. FY25 op loss ~€10m vs H1 -€20.6m. Orders +24%, exceed sales. 2026: growth expected, new launches, normalized inventory, sailing uncertainty remains.
Read full article (2 min)