2023-12-13 17:14:02
Hunyvers, specialist in the distribution of leisure vehicles (VDL), announces a turnover up 16.1% for the 2022/2023 financial year to 112.4 million euros. It also revealed a 14.7% increase in its gross margin to 23.9 million euros. The company confirms its roadmap for 2025, targeting a turnover of more than 170 million euros and an operating margin of 6.5%. The company continues to evolve in a favorable environment, against the backdrop of demand supported by structural trends both in VDL and in boating.
“At the same time, the weakening of competition, atomized and faced with a tightening of financial conditions, creates an environment conducive to the pursuit of an offensive and selective external growth strategy,” adds the group in its press release.
“Given the increase in stocks of new vehicles anticipated for the current financial year”, the company however expects “a significant increase in financial costs in 2023/2024”.
1702490225
#Hunyvers #increase #annual #gross #margin #December #p.m