Catana Group announced on Monday evening that its new 2023/2024 fiscal year had opened "on a good growth footing", enabling its shares to gain nearly 7% on Tuesday on the Paris Bourse.
The pleasure boat builder saw its sales climb by more than 16% to 46.7 million euros in its first fiscal quarter, compared with 40.1 million euros a year earlier.
In its press release, the Canet-en-Roussillon-based group described its long-term prospects as "serene", even if the fall-off in post-Covid euphoria, combined with a context of inflation and rising interest rates, has led to a greater wait-and-see attitude and made expectations more complex.
Even if visibility is less profound than a few months ago, it remains sufficient to maintain a good growth dynamic", the company assures.
Catana says it intends to pursue its strategic plan aimed at significantly strengthening its long-term development potential, with developments now targeting the plus-size segment where the brand is not yet present.
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Catana Group specializes in the design, construction and marketing of luxury pleasure boats. The group also operates the concession of a harbor located in the department of Var (Port Pin Rolland). Net sales break down by activity as follows:
- sale of boats (96.7%): luxury catamarans (Catana, Bali and Catspace brands);
- services (3.3%): work carried out on boats (refitting, repairs, maintenance work, etc.), hire of boat-mooring places and security services (400 mooring spaces and 500 on-land storage spaces), boat hire, etc.
Net sales are distributed geographically as follows: France (25.9%), Turkey (11.5%), United States (14.8%), Italy (6%), Greece (5.2%), Mauritius (4.6%), Spain ( 3.9%), and others (28.1%).
CATANA GROUP 
