Trigano : Good start to the year, the group confirmed growth for FY 2023-24
>Strong growth in Q1 sales: € 931.6m vs € 899.4m estimated - Trigano reported Q1 sales that came in higher than we expected. Sales grew 19.1% to € 931.6m whereas we look for € 899.4m (difference +3.6%). The gap with our estimates is due to strong growth in leisure vehicle sales (+20.4% to € 893.3m), driven by motor homes (81% of consolidated sales) at +26.8%. Trigano continues to benefit from strong growth in volumes (+20%), which reflects the group’s ability to deliv...Trigano designs, manufactures and sells leisure vehicles and leisure equipment. Co.'s operations can be divided into two segments: Leisure vehicles and Leisure equipment. The Leisure Vehicles segment produces motor caravans, caravans, mobile homes and accessories and provides services to its customers (leasing and financing of leisure vehicles). The Leisure Equipment segment produces trailers, camping equipment, and garden equipment. Co. operates in France, U.K., Italy, Germany, Belgium, Spain, Netherlands, Norway and Other countries.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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