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Trigano launches its Italian marketing campaign by taking management of the Italian SIFI – 09/16/2022 at 11:37

(AOF) – Trigano misplaced 1.6% to 84.3 euros at the beginning of the morning, after the announcement of unique negotiations with a view to getting their fingers on 70% of the capital of SIFI, a distributor of equipment for leisure autos in Italy. The quantity of the transaction was not disclosed. The operation ought to enable the French producer of caravans and motorhomes to consolidate its management within the distribution of equipment for leisure autos in Europe.

Energetic on the Italian marketplace for greater than 45 years, SIFI is the nationwide chief within the distribution of equipment for leisure autos. The corporate is worthwhile, it employs round 20 individuals and achieved a turnover near 13 million euros in 2021.

The exterior progress operation ought to thus contribute to strengthening the income base of the Leisure Autos division. As a result of tensions over the availability of rolling bases for motorhomes, the latter had seen a decline in turnover at fixed scope and alternate charges (-10.4%) within the third quarter of 2021/22 in comparison with a 3rd document quarter 2020/21.

When publishing its outcomes for the third quarter of 2021/22 on June 29, 2022, Trigano indicated that gross sales of equipment for leisure autos elevated by 10.9% – at fixed scope and alternate charges -, significantly within the Netherlands. and in Germany, reflecting the nice momentum of this exercise the place the corporate SIFI is current

Trigano will publish its 2021/2022 annual turnover on September 27, 2022.

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Key factors

– European number one for leisure autos, with 1/3 of the market, created in 1935;

– Turnover of €2.7 billion, achieved in caravans, camper vans and cell properties for 92%, then in leisure tools – ​​tenting and backyard tools, trailers;

– Primarily European presence: 27.8% of gross sales in France, 24.5% in Germany, 12.4% in the UK, 4.7% in Scandinavia, 7.3% in Benelux and 6.3% in Italy and Spain;

– So-called “multi-local” progress technique primarily based on the acquisition of small firms, more often than not much less worthwhile than Trigano, and whose twenty-five manufacturers are retained, leading to market shares of over 40% in lots of Many international locations ;

– Capital held at 57.9% (71.6% of the voting rights) by the Feuillet household, Stéphane Gigou chairing the 5-member administration board and Michel Freiche as basic supervisor;

– Wholesome stability sheet, with internet money in extra of €500m and €1bn in fairness.

Challenges

– Technique primarily based on 2 pillars: the rise in manufacturing capacities and their productiveness, then the meshing of distribution networks;

– Environmental technique: automobile design: 10% discount in gas consumption for brand new motorhomes, discount in particle and nitrogen oxide emissions and discount in automobile weight, improvement of gas cells and panels photo voltaic;

– Ramp-up of the van and fitted van factories in Italy and Spain, the brand new Slovenian web site and the Benimar model in Germany;

– After the acquisition of the French distributors CLC, SLC and Loisiréo (30 M€ of extra turnover), pending acquisitions or integration of part suppliers;

– A buoyant financial mannequin, the motorhome providing well being and monetary benefits – avoiding collective technique of catering, lodging and transport.

Challenges

– Sturdy strain on provides, significantly in motorhome chassis, leading to an impression of +10% on revenues for the primary 9 months of the monetary 12 months, ie a drop in volumes of 4,000 items;

– Impression of inflation: +25% in prices for trailers, +10% for autos;

– Integration of French distributors CLC, SLC and Loisiréo (30 M€ of extra turnover).

Out of the disaster for the cruise

The restoration is tangible in Europe. MSC Cruises, the main European firm, resumed operation of its total fleet in June, i.e. 19 cruise ships – together with 14 within the Mediterranean. Equally, the Costa group, a subsidiary of the American cruise big Carnival, ought to function all of its liners (24 in quantity) by the tip of the 12 months. Alternatively, China stays on the sidelines of the final motion, attributable to its extraordinarily restrictive well being coverage. The Cruise Traces Worldwide Affiliation (CLIA) expects the trade to return to its 2019 document visitors of a complete of 32 million cruise passengers by the tip of 2023.

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