Business
Trigano rises on positive outlook despite sales drop
Trigano rises on positive outlook despite sales drop
About this update from Trigano Sa
** Shares in Trigano EURONEXT:TRI up 2.7% after the French motorhomes maker posted encouraging FY26 outlook despite 6.8% sales decline to 3.67 bln euros ($4.31 billion) on Wednesday** Portzamparc says outlook "encouraging" despite "disappointing" Q4, which management had warned about** Notes Trigano "not suffering commercially" vs peers Thor Europe, Knaus XETR:KTA** "The unfavourable effect of H1 (production stoppages) will not recur in 2025/26, suggesting a mechanical improvement in margins as volumes increase" - Portzamparc** Trigano expects growth from positive reception of new ranges, strong order book, absence of dealer destocking** Out of 9 analysts that cover Trigano, nine rate the stock "strong buy" or "buy" - data compiled by LSEG($1 = 0.8523 euros)