Trigano rises after Q1 sales grow by 19%

Trigano SA

09/01/2024 08:18

** Shares in Trigano  TRIA.PA  rise around 2% after the
French maker of camping vans reported growth in Q1 sales
    ** Q1 revenue rises 19.1% year-on-year to 931.6 million
euros ($1.02 billion), and the company says it expects sales
growth over coming months
    ** "A good start to the season," says Portzamparc, which had
expected sales growth of 13.9%, adding that talk from management
remains positive while the order book remains high 
    ** The acquisition of BIO Habitat from Bénéteau  CHBE.PA  is
still being reviewed by France's competition authority, says
Trigano 
    ** The shares are on track for their best day since Dec. 19
if gains hold
    
($1 = 0.9131 euros)

 (Reporting by Olivier Sorgho)
 ((Olivier.Sorgho@thomsonreuters.com))