Trigano Reports Strong 2023/24 Annual Financial Results

Trigano announced strong financial results for the 2023/24 fiscal year, recording 3.9 billion euros in sales, a 12.8% increase from the previous year. This growth is primarily attributed to a 13.8% rise in leisure vehicle sales, notably motorhomes. The consolidated current operating profit reached 500.7 million euros, up by 18.3%, comprising 12.8% of total sales.

The company's net profit increased by 21.5% to 374.5 million euros, translating to earnings of €19.39 per share. The robust performance aided Trigano in fortifying its financial position, with shareholders’ equity rising to 1,914.4 million euros.

Despite an increase in inventory due to logistics disruptions, the situation is expected to normalize by mid-2025. Trigano continues its investment strategy, enhancing competitiveness by earmarking 60.8 million euros for market expansion while distributing 67.6 million euros in dividends.