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Trigano SA ( (FR:TRI) ) has issued an update.
Trigano SA reported a 12.1% decline in sales for the first half of the 2024/2025 financial year, attributed to adjusted production levels and high inventory in distribution networks. The acquisition of BIO Habitat contributed positively, but overall sales were impacted by reduced motorhome production and lower caravan sales. Despite these challenges, Trigano remains focused on market expansion through innovation and strategic investments, while managing production to align with demand amidst economic uncertainties.
More about Trigano SA
Trigano SA operates in the leisure vehicle industry, focusing on the production and sale of motorhomes, caravans, and mobile homes. The company also engages in the sale of leisure equipment such as trailers and camping gear. Trigano aims to expand its market share through innovative product offerings and strategic acquisitions, such as the recent integration of BIO Habitat.
Average Trading Volume: 4
Technical Sentiment Signal: Buy
Current Market Cap: $2.5B
For an in-depth examination of TRI stock, go to TipRanks’ Stock Analysis page.