18/11/2013

Business news : Fountaine Pajot catamarans, Evolution of governance and third consecutive year of growth +6.1 %, with a turnover of € 40.7 million

Fountaine Pajot , a world leading manufacturer of cruising catamarans , was another year of growth in sales for the year ended 31 August 2013.

Turnover 2012/2013 rose by 6.1% to € 40.7 million , in line with the objectives announced earlier this year .

The heart -end segment rebound

The business year 2012/2013 was mainly driven by the Heart Range segment , boosted by the success of the new model Helia 44, a reference in cruising catamarans . The turnover of this segment grew by 29.3% with a level of activity to € 27.2 million , or 67 % of total sales volume.

The increasing range and continues to welcome new flagship model , the Cumberland 47 LC and 67 Victoria , is expected to drive growth in this segment in the current year .

Commercial development on high potential markets

According to its development plan , Fountaine Pajot continues its international expansion focused in particular on the most promising markets. The company now generates nearly 55% of its sales outside Europe ( incl. France ) .

The activity in North America is very strong growth (turnover multiplied by 3 , or 17 % of sales) , the result of market rebound and commercial restructuring of sales network this region. The Caribbean grew by 16.4% (22 % of sales) , and the Asia - Indian - Pacific reported a mixed performance (14% of sales).

In Europe , the market is growing in Germany and outside the EU, but more mixed in other areas (25% of sales). On the domestic market , sales fell by 11.3 % (20% of sales).

Outlook 2014 season

Since September , Fountaine Pajot is present in all major exhibitions of the profession in France and abroad . Sales already achieved , a significant increase , allow new growth target for the year opens.

Fountaine Pajot announce at the Paris Boat Show in early December its next new sailing and motor.

Evolution of Governance

After 37 years as President - Founder of the company Fountaine Pajot , Jean -François Fountaine wishes to convey the direction of the company in early 2014. Nicolas Gardies , currently Chief Operating Officer , will succeed him as president of the company .

This change will be in continuity, under the control of a stable shareholding .

Source voilesnews.fr

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