Hunyvers SA: Results for the first half of the 2023-2024 financial year

Hunyvers SA, specialist in the distribution of leisure vehicles, announced its results for the first half of the 2023-2024 financial year. The company recorded an increase of 13.4% in its turnover, reaching 51.3 million euros.

Despite an increase in gross margin of 6.7%, operating profit stood at -€0.9 million, compared to €1.0 million last year. This decline is explained by increased seasonality and a temporarily less favorable mix in favor of new vehicles, which generate less margins.

The Boating activity, for its part, experienced growth of 417.5%, reaching €4.1 million. The VDL branch grew by 6.2%, with sales of new vehicles up 16.6%.

For the second half of the year, Hunyvers expects a clear improvement in operational profitability thanks to favorable seasonality and the integration of recent acquisitions. The company confirms its turnover objectives for the 2024-2025 financial year, targeting more than €170 million with an operating margin of 6.5%.