Group Beneteau reports slowdown but strong sailing orderbook

The Lagoon 40 was launched at Boot Düsseldorf. Photo: Nicolas Claris The Lagoon 40 was launched at Boot Düsseldorf. Photo: Nicolas Claris
Industry Database

Groupe Beneteau has presented its full-year outlook for 2018-19.

A statement issued by the group states that the global recreational boat market shows a slowdown and it expects to see growth of +2% compared with +3 to +4% in 2018.

This is affected by the inboard motorboat segment’s slowdown – down 3.2% - across all hull lengths.

For the financial year 2018 -2019, the order book as of January 31, 2019 is up +4.1%, compared with the same period the previous year, helped by its sailing segment order book up by +12.3%.

The group is being hit by EU and Canadian trade tariffs on motorboats produced in the US which are having a negative impact on international sales and leading to increased competition in the United States’ domestic market.

Investments

However Group Beneteau says it is confident in the recreational boat market’s medium-term trends and is continuing to prepare for the future with the launch of a new catamaran brand and continued development of its digital capabilities.

Investments are expected to represent 85 to 87 million euros, compared with 81.3 million euros the previous year.

For the 2018-19 season, the group’s 11 brands will launch 32 new models aligned with demand from growing market segments - monohull and multihull sailing yachts and outboard motorboats.

The group currently offers more than 200 recreational boat models.

Latest Press Releases

Damage to the Environment - Episode 5 of 80 Seconds with Sir Robin Knox-Johnston

Sir Robin Knox-Johnston and Dee Caffari look at how the environment at sea has been damaged over the... Read more

MS Amlin Go Round the Island 2019

MS Amlin Yacht, the boat insurance specialists have now been race partners of Round the Island Race ... Read more

The Future of Yacht Design - Episode 4 of 80 Seconds with Sir Robin Knox-Johnston

Sir Robin Knox-Johnston and Dee Caffari discuss changes in yacht design during Sir Robin’s sailing c... Read more

MS Amlin Seamanship Award Expanded for 2019

The MS Amlin Seamanship Award 2019 is now open for nominations. Having run for many years as a comp... Read more

Barton Marine Sponsors ‘Team Ausome‘ to compete in the Rolex Fastnet Race 2019

Barton Marine is sponsoring Team Ausome-Lyra to compete in the 2019 Fastnet Race. The charity Ausom... Read more

MS Amlin Wins at the Royal Escape Race

MS Amlin Sponsored Yachts Win at ‘The Royal Escape Race’ 2019. Both MS Amlin sponsored entrants were... Read more

View all