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Beneteau SA (CHBE.PA)

CHBE.PA on Paris Stock Exchange

5.50EUR
10 Jul 2020
Change (% chg)

€-0.06 (-1.17%)
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€11.30
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Latest Key Developments (Source: Significant Developments)

Beneteau Eyes Profitability Of Over 10% Of Turnover Once Markets Return To 2019 Level
Thursday, 9 Jul 2020 

July 9 (Reuters) - Beneteau SA ::BENETEAU SA - ANNOUNCES STRATEGIC PLAN LET'S GO BEYOND ! 2020-2025.BENETEAU SA - EXPECTS OPERATIONAL PROFITABILITY GREATER THAN 10% OF TURNOVER WHEN THE MARKETS RETURN TO THE LEVEL OF 2019.  Full Article

Beneteau Sees FY EBITDA Margin Of Over 8%
Thursday, 9 Jul 2020 

July 9 (Reuters) - Beneteau SA ::NINE-MONTH REVENUES - OUTLOOK FOR YEAR.GROUP’S REVENUES FOR THE THIRD QUARTER, AFFECTED BY THE COVID-19 HEALTH CRISIS, CAME TO €249.3 MILLION, DOWN 42.6% COMPARED WITH THE THIRD QUARTER OF THE PREVIOUS YEAR.FY OUTLOOK: REVENUES EXPECTED TO BE DOWN 16% TO 18%.FY OUTLOOK: EBITDA MARGIN OF OVER 8%.FY OUTLOOK: INCOME FROM ORDINARY OPERATIONS ABOVE BREAKEVEN.HOUSING DIVISION EXPECTS ITS FULL-YEAR REVENUES TO COME IN 13% TO 14% LOWER THAN 2018-19.  Full Article

Beneteau Speeds Up Reorganization Due To COVID-19
Friday, 5 Jun 2020 

June 5 (Reuters) - BENETEAU SA ::IN VIEW OF THE SEVERE ECONOMIC CRISIS LINKED TO COVID-19, CO IS ACCELERATING ITS REORGANIZATION.STRATEGIC PLAN WILL BE PRESENTED ON JULY 9.BRUNO THIVOYON IS JOINING THE MANAGEMENT BOARD AS GROUP CHIEF FINANCIAL OFFICER.EXECUTIVE INDUSTRIAL OPERATIONS AND DEVELOPMENT DEPARTMENT NOW COVERS ALL THE ACTIVITIES IN ALL THE COUNTRIES WHERE THE GROUP OPERATES.CREATION OF A UNIFIED INDUSTRIAL OPERATIONS AND DEVELOPMENT DEPARTMENT TO REPLACE PREVIOUS DUAL ORGANIZATION HEADED UP JOINTLY BY JEAN-PAUL CHAPELEAU AND CHRISTOPHE CAUDRELIER.  Full Article

Beneteau H1 Consolidated Revenues Up At 519.4 Million Euros
Wednesday, 29 Apr 2020 

April 29 (Reuters) - Beneteau SA ::2019-20 HALF-YEAR EARNINGS: GROUP POSITIONED TO WEATHER THE CRISIS.VERY ROBUST FINANCIAL POSITION, WITH €609 MILLION OF EQUITY AT FEBRUARY 29, 2020 AND OVER €300 MILLION OF CREDIT LINES ALREADY IN PLACE.HALF-YEAR ACCOUNTS WITH LIMITED SIGNIFICANCE AND CLOSED BEFORE THE HEALTH CRISIS.2019-20 FIRST-HALF CONSOLIDATED REVENUES CAME TO €519.4 MILLION, UP +4.7% YEAR-ON-YEAR.HAS FACED A SHUTDOWN OF ITS PRODUCTION OPERATIONS SINCE MARCH AS A RESULT OF THE MEASURES ROLLED OUT BY THE PUBLIC AUTHORITIES IN MANY COUNTRIES WORLDWIDE.FREE CASH FLOW AND NET CASH IMPROVED BY €55.7 MILLION AND €16.7 MILLION RESPECTIVELY COMPARED WITH THE FIRST HALF OF THE PREVIOUS YEAR.2019-20 FIRST-HALF FINANCIAL INCOME AND EXPENSES REPRESENT -€4.1 MILLION, WHILE NET INCOME (GROUP SHARE) CAME TO -€12.1 MILLION.  Full Article

Beneteau To Shut Down Production Activities In Poland
Monday, 30 Mar 2020 

March 30 (Reuters) - Beneteau SA ::WILL SHUT DOWN ITS PRODUCTION ACTIVITIES IN POLAND WITHIN THE NEXT FEW DAYS.OUTLOOK ANNOUNCED ON FEBRUARY 4, 2020 IS NO LONGER APPLICABLE.THE TEMPORARY SUSPENSION OF ITS PRODUCTION AND SHIPPING ACTIVITIES FOR SEVERAL WEEKS WILL HAVE AN IMPACT ON ITS REVENUES.ITS CREDIT LINES ARE CONFIRMED THROUGH TO 2023.AT AUGUST 31, 2019, ITS FINANCIAL YEAR-END, THE GROUP HAD 97 MILLION EUROS OF NET CASH.ACTIVITIES FOCUSED ON RELEASING NEW MODELS ARE BEING MAINTAINED WITH STAFF WORKING REMOTELY.  Full Article

Beneteau Takes Exceptional Measures Due To Covid-19 Crisis
Tuesday, 17 Mar 2020 

March 17 (Reuters) - Beneteau SA ::FACED WITH THE EXTENSION OF THE COVID-19 CRISIS, GROUPE BENETEAU IS TAKING EXCEPTIONAL MEASURES.GROUPE BENETEAU HAS TODAY TAKEN THE DECISION TO TEMPORARILY SUSPEND ITS BOAT AND LEISURE HOME CONSTRUCTION ACTIVITIES IN FRANCE AND ITALY.THE PRESENTATION OF THE STRATEGIC PLAN, SCHEDULED FOR APRIL 29, 2020, WILL BE DEFERRED TO A SUBSEQUENT DATE.ACTIVITIES AT OUR PRODUCTION UNITS IN THE US AND POLAND HAVE SLOWED DOWN TO DATE, BUT HAVE NOT BEEN SHUT DOWN.“IN THIS EXCEPTIONAL SITUATION FACING OUR COUNTRY AND ALL OUR EMPLOYEES, THIS SUSPENSION OF ACTIVITY IS NECESSARY. WE ARE TAKING ALL POSSIBLE MEASURES TO ENSURE THE PROTECTION OF OUR EMPLOYEES IN ALL COUNTRIES AND TO HELP ENSURE A QUICK RESUMPTION OF OUR ACTIVITIES AS SOON AS THE SITUATION ALLOWS US TO DO SO”-CEO.  Full Article

Beneteau Says Impact of Coronavirus On Its Business Is Limited To Date
Wednesday, 11 Mar 2020 

March 11 (Reuters) - BENETEAU SA ::ON CORONAVIRUS: LIMITED IMPACT ON GROUP'S BUSINESS.ON CORONAVIRUS: TO DATE, THE GROUP'S COMMERCIAL ACTIVITY HAS BEEN LITTLE AFFECTED BY THE EPIDEMIC.GENERAL UPDATE ON SHORT AND MEDIUM-TERM OUTLOOK TO BE PRESENTED WHEN STRATEGIC PLAN IS PUBLISHED ON APRIL 29.  Full Article

Beneteau Sees 2019-2020 Consolidated Revenue Growth Of 2% To 4%
Tuesday, 4 Feb 2020 

Feb 4 (Reuters) - Beneteau SA ::OUTLOOK 2019-2020 CONSOLIDATED REVENUE GROWTH OF 2% TO 4% (REPORTED DATA).ORDER BOOK AT JAN 31, DELIVERABLE DURING YEAR UP 2.1% ON REPORTED BASIS VERSUS YEAR AGO.OUTLOOK FOR 2019-2020: GROUP EBITDA EXPECTED TO INCREASE BY 4% TO 6%.IMPROVEMENT EXPECTED FOR FREE CASH FLOW.OUTLOOK 2019-2020 GROUP INCOME FROM ORDINARY OPERATIONS STABLE VERSUS 2018-19 BASED ON REPORTED DATA.OUTLOOK 2019-2020 HOUSING DIVISION EXPECTS ITS FULL-YEAR REVENUES TO ALSO INCREASE BY 2% TO 4% ON A REPORTED BASIS.  Full Article

Beneteau FY EBITDA Up At 157.8 Million Euros
Tuesday, 29 Oct 2019 

Oct 29 (Reuters) - BENETEAU SA ::GROUPE BENETEAU'S FULL-YEAR REVENUES AT THE END OF 2018-19 ARE IN LINE WITH ITS FORECASTS, WHILE EBITDA IS UP +3.3% AND REPRESENTS 11.8% OF REVENUES.FY EBITDA EUR 157.8 MILLION VERSUS EUR 152.8 MILLION YEAR AGO.FY NET INCOME GROUP SHARE EUR 49.5 MILLION VERSUS EUR 61.3 MILLION YEAR AGO.FY REVENUE EUR 1.34 BILLION VERSUS EUR 1.29 BILLION YEAR AGO.OUTLOOK 2019/2020: THE TARGETS MAPPED OUT FOR 2020 (INCOME FROM ORDINARY OPERATIONS EXCLUDING MCY REPRESENTING 8.5% OF REVENUES) SEEM DIFFICULT TO ACHIEVE FROM THIS YEAR.STILL VERY CONFIDENT ABOUT ITS ABILITY TO MAKE PROGRESS IN 2019-20 IN THE ABSENCE OF ANY MAJOR ECONOMIC EVENTS.  Full Article

Beneteau 9-Mth Consolidated Revenues Up At 929.9 Million Euros
Thursday, 11 Jul 2019 

July 11 (Reuters) - BENETEAU SA ::FOR THE FIRST NINE MONTHS OF FY 2018-19, CONSOLIDATED REVENUES CLIMBED TO €929.9 MILLION, UP 5% YEARON-YEAR.FULL-YEAR OUTLOOK CONFIRMED FOR 2018-19.FULL-YEAR OUTLOOK: EXPECTED REVENUE GROWTH OF 3% TO 5% ON A REPORTED BASIS, WITH THE OPERATING MARGIN VIRTUALLY STABLE.  Full Article

BRIEF-Beneteau Speeds Up Reorganization Due To COVID-19

* IN VIEW OF THE SEVERE ECONOMIC CRISIS LINKED TO COVID-19, CO IS ACCELERATING ITS REORGANIZATION