Trigano rallies after upbeat H2 view

Trigano SA

18/05/2023 08:53

** Shares in Trigano  TRIA.PA  jump 10% after the French RV
producer said it expects a "good increase in its sales and
profitability" during H2
    ** It reported H1 sales up 7% to 1.6 billion euros 
    ** "The group should be able to achieve sales growth in 2023
unless consumer discretionary spending in Europe and the UK is
to be penalised by the economic slowdown & the loss of
purchasing power," Midcap analyst Sarah Thirion writes in a note
    ** Trigano is the top gainer on the French  .SBF120  index
and on course for its best day in nearly eight months

 (Reporting by Victor Goury-Laffont)
 ((Victor.goury-laffont@tr.com))