Trigano slumps after 'disappointing' quarter, dim forecasts

Trigano SA

08/01/2025 08:19

** Shares in Trigano  TRIA.PA  fall 7.2% after the leisure
equipment maker posted what it calls a "record decrease" in Q1
sales, and forecast negative short-term impact from low tourism
levels and political uncertainties in France
    ** Traders point to below-expectations, "disappointing" Q1
sales of 769.8 mln euros ($795.13 mln)
    ** Trigano says efforts to normalise motorhomes stocks
levels in distribution networks caused the drop
    ** Portzamparc says results are significantly below its
expectations 
    ** "The stock's valuation remains eminently attractive while
the market is pricing in less momentum over 6 months or even a
year and is concerned about the status of durable &
discretionary consumer goods," Midcap Partners says
    ** Trigano sits at the bottom of France's SBF120  .SBF120 
index

($1 = 0.9681 euros)

 (Reporting by Alessandro Parodi)
 ((alessandro.parodi@thomsonreuters.com))