Groupe Beneteau reported strong first-quarter 2026 results, with revenues reaching €169.5 million, up 30.1% compared with €130.3 million in Q1 2025 (+34.5% at constant currency). The performance was supported by robust retail demand, successful new model launches, and nearly €20 million of deliveries deferred from late 2025 in the United States.
The Sailing division generated revenues of €63.7 million, an increase of 18.6% at constant currency, driven by strong sales of monohull and multihull models launched in 2025 and a 22% recovery in sales to charter operators. The Motor division recorded revenues of €96.9 million, up 45.2% at constant currency, benefiting from strong demand in Europe, particularly in the Dayboating segment, and the success of new BENETEAU and PRESTIGE models.
From a regional perspective, Europe remained the Group’s largest market with revenues of €84.4 million, up 16%. North and Central America delivered exceptional growth, with revenues rising to €64 million, an increase of more than 110% at constant currency, supported by deferred deliveries and continued market demand. Fleet sales also increased by 22%.
Alongside its financial performance, the Group reinforced its sustainability strategy through the launch of E-LEKTRA MARINE, a joint venture with Fountaine Pajot focused on developing standardized alternative propulsion and onboard energy management solutions for sailing yachts. The initiative, which already brings together seven major sailing brands, aims to achieve an electric propulsion adoption rate of 10% to 15% by 2030.
Despite a slowdown in new orders following the conflict in the Middle East, Beneteau’s order book remained solid at the end of April, up nearly 10% at constant currency. As a result, the Group maintained its outlook for significant full-year revenue growth, while continuing its ambitious innovation strategy with plans to launch 24 new boat models during 2026. PSR
Natasa Mulahalilovic, is Marine Pleasure Boat Analyst-Europe for Power Systems Research
