Friday, November 22, 2024

Solid year and favorable outlook

Katana has published consolidated net income for the 2020/2021 fiscal year, multiplied by approximately 2.5 to 14.6 million euros.

The net income “group share” amounted to 14.1 million compared to 5.7 million in 2019/2020. Current operating income is 14 million after 6.8 million in the previous year. The turnover amounted to 101.8 million, compared to 82.6 million a year ago. In recent months, the group has noticed a massive acceleration in its sales of new boats, which has pushed its order book to unprecedented levels.

Thus, after billing approximately €95 million for new boats in 2020/2021, Catana’s order book to date already represents a potential billing of €153 million for the current fiscal year 2021/2022, an expected growth of 60%.

In addition to its short-term growth, this order book provides a long-term view because the group also has an order book of €183 million for 2022/2023 and already €65 million for 2023/2024.

Thus, the Katana has a total order book of 401 million euros representing 676 boats.

“In the fiscal year 2020/2021 still marked by the consequences of the Covid-19 health crisis, the Katana Group is once again continuing its growth trajectory, allowing it to double its operating profitability and triple its net cash position. Katana Group expects 2022 and 2023 to see strong growth Extremely in terms of activity and profitability.

Source: AOF

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