Brief: Trigano FY Net Income Up At EUR 222.9 Mln

Trigano SA

22/11/2021 16:58

Nov 22 (Reuters) - TRIGANO SA  TRIA.PA :
    * ORDER BOOKS SATURATE PRODUCTION CAPACITIES FOR THE 2022
SEASON
    * FY NET INCOME EUR 222.9 MILLION VERSUS EUR 139.6 MILLION
YEAR
AGO
    * STRONG INCREASE IN DEMAND WILL NOT TRANSLATE INTO A
PROPORTIONAL
INCREASE IN SALES DUE TO SUPPLY DIFFICULTIES
    * EXPECTS SUPPLY DIFFICULTIES TO SEVERELY LIMIT SALES GROWTH
IN
THE FIRST HALF OF THE YEAR AND POSSIBLY BEYOND
    * FY OPERATING PROFIT EUR 358.0 MILLION VERSUS EUR 181.4
MILLION
YEAR AGO
    * FY REVENUE EUR 2.9 BILLION
    * SUPPLY TENSIONS THAT CHARACTERIZED LAST SEASON CONTINUE
INTO THE
START OF FISCAL YEAR 2022
    * TRIGANO IS THUS FORCED TO SLOW DOWN OR EVEN STOP SEVERAL
MOTORHOME PRODUCTION LINES FOR SEVERAL WEEKS
    * THESE PRODUCTION DELAYS COULD AFFECT A VOLUME OF AROUND
5,000
VEHICLES IN THE FIRST HALF OF THE YEAR
    * WILL PROPOSE TO THE GENERAL MEETING SCHEDULED FOR 7
JANUARY 2022
THE PAYMENT OF A GROSS DIVIDEND IN THE AMOUNT OF €3.20 PER SHARE
FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2021

Source text for Eikon:  ID:nNDL9W5xjG 
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