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Trigano: Oddo BHF confirms buy rating

( - Oddo BHF maintains its 'outperform' rating on Trigano shares, with an unchanged target price of E175.

On the publication of its annual results at the end-November, management confirmed its high order book and the marked improvement in chassis deliveries from all suppliers. As such, the group forecasts good sales growth in 2023/24 (around +10%), the analyst says.

Oddo BHF adds, all said, the group has a number of strengths - in particular a reassuring order book for business growth in 2024.

The broker adds that the process of acquiring Bénéteau's Mobil Home business is 'on track', with completion expected by February 2024.

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