Business
Trigano's cash flow boost sends shares up 13%
Trigano's cash flow boost sends shares up 13%
About this update from Trigano Sa
** Shares of Trigano EURONEXT:TRI climb around 13%, to their highest price since February 2022, after the French motorhome manufacturer reported a sharp rise in operational cash flow ** FY operating cash flow stood at 563.9 million euros ($653 million) versus 40.6 million euros in 2024** Portzamparc describes this performance as "excellent," saying that strong cash generation stemmed from a 314.9 million euro drop in working capital, primarily due to significant inventory reduction** TP ICAP Midcap also notes that Trigano's "rigorous inventory management" helped the company achieve a "net cash position despite acquisitions and shareholder returns"** Portzamparc views the result as "good" given challenges like production cuts, under-absorption costs, and trade discounts aimed at normalising dealership stock levels** Stock is sitting of the top of SBF120 index EURONEXT:PX4($1 = 0.8630 euros)