Trigano one of the best on SBF120 after FY beat
29/11/2023 08:27
** Shares in Trigano TRIA.PA gain 3%, one of the best
performers on SBF120 .SBF index, after the French recreational
vehicles specialist posted on Tuesday better-than-expected full
year results
** Trigano "significantly outperformed" expectations,
reporting EBIT of €423.4 million, compared with Portzamparc's
estimate and the Factset consensus of €401.4 million,
Portzamparc says
** "High-quality results, positive outlook and good H1 news
flow," the broker comments in a note to clients
** Portzamparc also expects the group's cash effect to turn
around at the end of February
** Including today's rise the stock has gained 14.42% YTD
($1 = 0.9102 euros)