Fountaine Pajot: sharp rise in annual profits

(CercleFinance.com) - Fountaine Pajot has reported an improved net profit, group share, of 34.
4 million euros for its 2023-24 financial year (ending August), compared with 11.4 million the previous year, as well as EBITDA of 60 million, compared with 39.9 million.

Buoyed by higher volumes and prices, the pleasure-boat manufacturer posted sales up 26.9% (+17% on a like-for-like basis) to 351.3 million euros, a momentum underpinned by accelerating production rates.

In a market context that is normalizing, the Group can rely on both its on-board order portfolio and its ability to adapt by adjusting its production rates to demand", asserts Fountaine Pajot, which "looks to the future with confidence".

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