BENETEAU (EPA:BEN) - BENETEAU : 2014-15 first-quarter business

Transparency directive : regulatory news

08/01/2015 17:40

Press release - January 8th, 2015

                          2014-15 first-quarter business

KEY FIGURES FOR THE FIRST QUARTER

EUR'000,000               Sep-Nov 2014    Sep-Nov 2013      Change
Boats                         94.8            74.7         + 27.0%
Housing                       12.0            15.1         - 20.5%
Consolidated revenues        106.8            89.8         + 18.9%

Boat revenues include Rec Boat Holdings LLC's business for EUR22 million over
the  quarter. Like-for-like, Boat revenues represent EUR72.8 million (-2.4%
versus the first quarter of 2013-14)

The first quarter is not significant in terms of the Group's full-year revenues
and it usually accounts for only around 10% to 15% of business for the whole
year.

OUTLOOK FOR THE YEAR

The Group is forecasting double-digit growth for the Boat business over the full
year on a like-for-like basis.
This performance reflects its stronger position globally, on both sailing yachts
and motorboats, as well as the progress made with its order book. The first
winter shows have confirmed the positive trends for the 2015 season: the North
American region's upturn is continuing, while the Group will see growth on the
European market over the season.

The contraction for the Housing business over the full year is set to be
considerably less marked than during the first quarter thanks to continued
international growth, partially offsetting the lower levels of investment by
tourism professionals in France.

Since the end of FY 2013-14, the company's financial position has not changed
significantly.

Next dates:

   - Financial information meeting: January 29th, 2015
   - Combined general meeting: January 30th, 2015

About the Beneteau Group

The world's number one yacht builder - both mono and multi-hull - the Beneteau
Group has continued to make progress on the motorboat market, and is now one of
the world's leading players.

On both sailing yachts and motorboats, the Group's brands - BENETEAU, JEANNEAU,
LAGOON, PRESTIGE, MCY, CNB, FOUR WINNS, GLASTRON, WELLCRAFT and SCARAB - are
able to offer more than 200 models ranging from 15 to 90 feet.

The Group is also a leading player on the European leisure home market, with its
O'HARA and IRM brands, and is developing its business on the market for high
environmental performance residential housing. With the design and production
of wooden-frame houses, it aims to make quality homes that are affordable and
in line with sustainable development standards.

Breakdown of revenues by business*
2013-2014 Group: EUR808,4 M

Housing                 41,5 %
Motorboats              38,9 %
Sailboats               19,6 %

* with Rec Boat Holdings LLC

                            www.beneteau-group.com
Press information:
Image Sept - Claire Doligez cdoligez@image7.fr - Tel: +33 1 53 70 74 25
Shareholder contact:
Yannick Coicaud-Thomas y.coicaud.thomas@beneteau-group.com
16 bd de la Mer - CS 43319 - 85803 Saint Gilles Croix de Vie Cedex - France

   BENETEAU Group - press release - Q1 2014-15 revenues - January 8th, 2015

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