FLASH - Fountaine Pajot - Strong Buy, Unchanged - TP. €153.0
FY earnings broadly in line with our expectations in EBIT, Net Income slightly below with non-cash items. We confirm our scenario of double-digit growth in 2022/23, and significant operating leverage after a 2021/22 period of normalisation of certain expense items.Fountaine Pajot S.A. Fountaine Pajot SA manufactures cruising catamarans.
Portzamparc is a subsidary of BNP Paribas which adapted the mission to contribute to responsible and sustainable growth of private clients, management companies and SMEs . They offer personalized support adapted to the objectives in particular for Small and Medium-Sized Enterprises.
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