Trigano slumps as supply issues weigh on future growth

Trigano SA

23/11/2021 09:25

** Shares in Trigano  TRIA.PA  slide about 10% to the bottom
of SBF 120 index  .SBF120  after the French vehicles maker
posted on Monday its FY results  urn:newsml:reuters.com:*:nFWN2SD1HV
    ** Trigano said supply issues had forced it to slow down or
even stop several motorhome production lines for weeks,
potentially affecting a volume of about 5,000 vehicles in the
first half of the year
    ** The number of affected vehicles will slow growth in H1,
Portzamparc notes, echoing Trigano, which said supply issues to
"severely limit" revenue expansion in the upcoming H1 and beyond
    ** Midcap Partners says the group is "evidently dependent"
on the continuity of supply, which could weigh on its ability to
satisfy demand
    ** Trigano's share price is at its lowest since May 

 (Reporting by Olivier Sorgho in Gdansk)
 ((olivier.sorgho@tr.com))