Beneteau shares drop 16% on news of lower growth & profitabillity

Beneteau sailboat

The French boatbuilder posted a fifth consecutive year of growth for its 2019 fiscal year, but investors appear to be uncertain about prospects for the coming year. Although noting a higher order book, Beneteau said it would not be issuing its FY 2019-20 outlook until 4 February and hinted that ...

SUBSCRIBER-ONLY CONTENT

To continue reading, subscribe TODAY!

TRY unlimited access for just £1 / €1 / $1 per week for your first 4 weeks.

  • Then pay just £35 / €40 / $45 per month thereafter
  • Offer for new subscribers only
  • Cancel anytime

Keep reading for just £1 / €1 / $1

No commitment, canel anytime*
Offer ends 31 April 2024
* Cancel anytime during first 4 weeks after initial payment and no further payments will be taken.
Inclusive of applicable taxes (VAT)

 

   Already have a subscription?   

Sign-in to your account