Catana Group (CATG) Q3 24/25 TU earnings summary

Executive summary

• Nine-month revenue reached €128.4M, down from €167.5M year-over-year amid a market adjustment and international uncertainties.

• Activity remained steady but lower than the previous year, reflecting a deliberate adaptation to market conditions.

• Strategic product launches, including the YOT 41 and BALI 5.8, achieved notable commercial success.

• Expansion into new market segments and geographies is underway, with a focus on larger catamarans and motonautical products.

Financial highlights

• Boat segment revenue for nine months: €124.3M, down from €163.7M year-over-year.

• Services segment revenue for nine months: €4.1M, slightly up from €3.8M year-over-year.

• Third quarter total revenue: €47.2M, compared to €61.8M in the same quarter last year.

Outlook and guidance

• Short-term outlook remains uncertain due to global instability and buyer caution.

• Product pipeline for 2025/2026 includes new BALI 5.2, redesigned OCEAN CLASS 50, and the SEATY floating habitat.

• First market signals expected from September 2025 boat shows.

• 2026 will see the launch of the YOT 53, expanding the motonautical range.