Bénéteau S.A. Reports Group Financial Results for the First Half of Fiscal 2016; Provides Financial Guidance for Fiscal 2016
For the full year of fiscal 2016, the company expects, sustained growth for the Boat business with significant regional differences, lower than initially forecast; Very strong upturn on the Leisure Home market after falling for three years; Major investments in industrial facilities and management tools, with programs of actions launched for the Group's transformation and non-recurring costs; and the combination of these factors is expected to be reflected in strong business growth, stable income from ordinary operations and a very significant increase in net income.