Catana: buoyed by annual results

(CercleFinance.com) - Catana Group jumped nearly 9% following the publication of a 53% increase in net income (group share) to 29.
7 million euros for its 2023-24 financial year, as well as a 46% rise in operating income to 37.4 million.

The pleasure-boat manufacturer posted sales of 229.5 million euros, up by over 10% despite a generally sluggish market, and has 'regained perfect alignment between its selling prices and material costs'.

At the next AGM on February 27, the Board of Directors will propose payment of a dividend of 0.18 euros, an increase of 20%. Catana has also announced plans to transfer its shares to Euronext Growth Paris.

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