Bénéteau presented last week in Bordeaux its strategic plan for 2020. Named "Transform to perform", its objective is to sustain profitable growth for the boat and habitat divisions.

A recent presentation in the United States had already obtained the first interesting elements concerning the strategy of the Bénéteau Group. In particular, a target turnover of around 1.4 billion by 2020, which corresponds to an annual growth of an average of 6% over the period.

Operating income is expected to reach $ 115 million, the margin between 8% and 8.5%, compared with 4% for the financial year ended on August 31, 2016.

The Bénéteau Group also announced its decision to invest 75 million euros per year and generate free cash flow from 200 to 250 million euros between 2017 and 2020. Management also plans on posting a net profit per share of more than 1 euro for 2020, against 0.30 euros in the last financial year.

Revenues for 2020 in the boat sector ((Bénéteau, Jeanneau, Lagoon, Monte Carlo Yachts, Four Winns, Wellcraft, Scarab and Glastron) is expected to 1.2 billion euros for 8 to 8.5 % of operating margin.

We also expect 200 million of revenue for the habitat division, and 8 % of margin.

=> Le groupe Bénéteau vise 27% de croissance d'ici 2020