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Beneteau: sales up 18% in 2023

( - FY 2023 sales reached E1,785m, up 18% on 2022.
Excluding Habitat, Group sales amounted to E1,465m as reported, up 17% LFL.

Sales for the Boat division came to E1,465m, up 17% on 2022 (+18% at constant exchange rates).

The Sailing business, which accounted for 47% of sales over the year, grew by over 30% over the period. Engine sales rose by 9% at constant exchange rates.

Against this backdrop, the continued upgrading of its product offering, together with the increased flexibility of its manufacturing base, will enable the Boat Division to generate a recurring operating margin of between 7% and 10% by 2024, it said.

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