Trigano
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Trigano (TRI) investor relations material

Trigano Q4 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2026 TU earnings summary23 Sep, 2026

Executive summary

  • FY 2026 sales reached €3.8 billion, up 3.8% year-over-year, driven by strong motorhome and caravan demand, with Q4 2026 sales at €858.4M, a 2.1% increase compared to Q4 2025.

  • Motorhome deliveries rose 7% in volume, caravans up 15%, with notable market share gains despite headwinds in France.

  • Recurring operating margin improved toward 10%, supported by sales growth and production trends.

Financial highlights

  • Motorhomes and caravans sales for FY 2026 rose 4.1% to €3,325.5M; Q4 2026 saw a 2.1% increase to €775.3M.

  • Motorhome sales increased 4.2% to €2,877.2M; caravan sales rose 14.7% to €137.0M year-over-year.

  • Other leisure activities sales grew 2.1% to €474.5M for FY 2026; Q4 2026 increased by 2.3% to €83.1M.

  • Mobile homes FY 2026 sales increased 2.9% to €290.6M; trailers up 2.7% to €150.3M.

  • Accessories and other services sales declined 1.4% to €311M for FY 2026.

Outlook and guidance

  • Order book strengthened for 2027 models, providing good visibility for the first half of the year.

  • Despite strong trade show attendance, consumer caution persists, leading to stable motorhome production planning for H1 2027.

  • Mobile home market faces uncertainty in France, with a wait-and-see approach from major clients, though fundamentals remain strong and expectations of a new bull market in the longer term.

  • Growth strategy to continue, including potential external growth transactions.

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Frequently asked questions

Trigano S.A. is a French company specializing in the design, manufacture, and distribution of leisure vehicles and outdoor equipment. Its primary products include motorhomes, caravans, campervans, and trailers, catering to the recreational vehicle (RV) market. In addition to vehicles, Trigano offers camping equipment and garden furniture, targeting outdoor enthusiasts and individuals seeking leisure experiences. The company also provides related services, including vehicle maintenance and repair. Trigano serves a broad customer base across Europe, capitalizing on the growing demand for travel and outdoor recreation. The company is headquartered in Paris, France, and its shares are listed on Euronext Paris.