(News Bulletin 247) – Hunyvers, a specialist in the distribution of leisure vehicles, reported on Wednesday a turnover up 16% over the first nine months of its staggered fiscal year.
The group says it generated consolidated revenue of 78.1 million euros over the nine months to the end of May, compared to 67.3 million over the same period of the previous year.
Sales of leisure vehicles amounted to 66.4 million euros, an increase of 14.3% fueled by both new vehicles (+10.7%) and used vehicles (+18.6 %).
At the same time, its service activity (workshop, spare parts, boating, financing prescription, etc.) increased by 26.1% to total 11.7 million euros.
In organic data, the change in turnover is nevertheless negative at -3.9%, a decline that the company justifies by a very high basis of comparison following the strong catch-up effect which had followed the deconfinement.
In the third quarter alone, organic growth was -3% at
like-for-like, but reached 19.7% in consolidated data, at 32.8 million euros, a ‘historic’ level according to the company.
Referring to a “solid visibility” at the end of the financial year, Hunyvers confirms that it is aiming for a turnover of more than 170 million euros by 2025, for an operating margin of 6.5%.
Listed on the Paris Bourse, the Hunyvers share rose by 1.7% on Wednesday morning following this publication.
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