Bénéteau S.A./€BEN
Bénéteau shares fall as investors await its H1 2026 results amid sharply slower order intake, cautious dealer inventories and Middle East-related uncertainty.
11 hours agoLightyear AI
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About Bénéteau S.A.
Bénéteau S.A. is a French company operating in the manufacturing industry specializing in leisure boats and recreational vehicles. The company is known for its production of sailing yachts, motorboats, and mobile homes. Founded in 1884, Bénéteau has a long history, initially starting as a builder of sailing trawlers. The company's headquarters are located in Saint-Gilles-Croix-de-Vie, France. Bénéteau holds a significant market position due to its extensive product range and strong brand recognition, catering to leisure and travel enthusiasts. The group operates globally with facilities and dealerships that aid in maintaining its international presence.
- Ticker
- €BEN
- Sector
- Consumer Discretionary
- Primary listing
- PAR
- Employees
- 6,218
- Headquarters
- Saint-Gilles-Croix-de-Vie, France
- Website
- beneteau-group.com
Bénéteau S.A. Metrics
BasicAdvanced
€421M
-
-€0.53
0.80
€0.20
3.79%
Price and volume
Market cap
€421M
Beta
0.8
52-week high
€8.73
52-week low
€6.02
Average daily volume
55K
Dividend rate
€0.20
Financial strength
Current ratio
1.531
Quick ratio
0.945
Long term debt to equity
0.027
Total debt to equity
0.503
Interest coverage (TTM)
-3.93%
Profitability
EBITDA (TTM)
41.418
Gross margin (TTM)
53.89%
Net profit margin (TTM)
-5.06%
Operating margin (TTM)
-2.54%
Effective tax rate (TTM)
-7.94%
Revenue per employee (TTM)
€140,000
Management effectiveness
Return on assets (TTM)
-0.83%
Return on equity (TTM)
-5.34%
Valuation
Price to revenue (TTM)
0.5
Price to book
0.58
Price to tangible book (TTM)
0.62
Price to free cash flow (TTM)
6.295
Free cash flow yield (TTM)
15.89%
Free cash flow per share (TTM)
0.839
Dividend yield (TTM)
3.79%
Forward dividend yield
3.79%
Growth
Revenue change (TTM)
-17.90%
Earnings per share change (TTM)
-146.39%
3-year revenue growth (CAGR)
-12.13%
3-year earnings per share growth (CAGR)
-24.75%
3-year dividend per share growth (CAGR)
-21.91%
Bulls say / Bears say
First-half revenue rose 12% to €452.3m, while retail sales grew 14% and outperformed the market across every segment. Models launched in 2025 generated nearly one third of first-half sales, showing that the product refresh is translating into customer demand. (Groupe Beneteau)
Bénéteau is sustaining its product push with 24 new models for the 2026/2027 season, taking planned launches to 66 between 2025 and 2027. It is also expanding its NEO refit programme across Lagoon, Jeanneau and Bénéteau, opening a lower-cost route into boating and a broader after-sales opportunity. (Groupe Beneteau)
The planned exit from Four Winns, Glastron and Scarab Jet targets activities that represented less than 5% of 2025 revenue but lost about €30m in operating profit over 2024 and 2025. Removing these structurally weak assets could improve margins and concentrate investment on seven strategic brands. (Groupe Beneteau)
Order intake contracted markedly from March, as geopolitical uncertainty made boat users defer purchases and dealers limit replenishment. By the end of June, the order book for deliveries in 2026 was only slightly above the prior year, down sharply from growth of more than 10% at the end of February. (Groupe Beneteau)
The second-quarter revenue increase slowed to just 3.4%, while dealers reduced inventory across the distribution network by nearly €40m. This points to weaker near-term shipments and makes the full-year growth outlook increasingly dependent on a recovery in orders. (Marine Industry News)
Growth is uneven by customer and region: sales outside Europe declined in the first half, while fleet sales fell 11.8% as demand from motor-yacht customers and charter operators weakened. That leaves Bénéteau more exposed to European retail demand and less supported by a broad-based market recovery. (Marine Industry News)
Data summarised monthly by Lightyear AI. Last updated on 23 Sept 2026.
Upcoming events
No upcoming events
Funds containing Bénéteau S.A.
AllEURGBP
Fund name | Fund size | €BEN weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.01% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.01% |
Vanguard ESG Global All Cap€V3AA | €1.1B | 0.00% |
Vanguard ESG Global All Cap£V3AB | £905M | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.