Fountaine Pajot shares gained nearly 3% on Wednesday on the Paris Bourse after the catamaran manufacturer unveiled a favorable 2023/2024 outlook, with expected growth in excess of 10%.
While acknowledging that the global yachting market is currently showing "some signs of slowdown", the group emphasizes the good visibility of its order book, as well as its high-performance industrial organization.
It is counting on its product launches - such as the New Power 80, a luxury yacht to be marketed before the end of 2024 - as well as on the continued commercial roll-out of hybrid electric solutions.
In total, Fountaine Pajot plans to invest 16 million euros this year, both in the development of new boats and also in manufacturing capacities (workshops and working conditions).
Over the period 2020-2023, its sales have increased by 100 million euros to 277 million euros, releasing resources to invest over 40 million euros in four years.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
Fountaine Pajot is one of the first worldwide builders of cruise catamarans. The group's activity is organized into two sectors:
- sale of catamarans: sailing catamarans (Lucia 40, Helia 44, Saba 50, Ipanema 58 and Victoria 67 brands), and motorized catamarans (MY 37, Cumberland MY 47 LC and Queensland MY 55);
- services: primarily after sales services.
At the end of August 2025, the group had 2 production sites located in France.
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.