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A group on board for the transformation

Launched in 2017, the “Transform to Perform” global transformation plan is driving Groupe Beneteau forward with five goals for 2020.

“TRANSFORM TO PERFORM”: A GROWING GROUP, CONQUERING NEW OPPORTUNITIES

Thanks to its transformation plan, Groupe Beneteau will be:

Maintaining its global leadership on the sailing segment and further strengthening its positions on the motorboat segments
Harnessing its global positioning supported by its comprehensive, innovative ranges
Offering an extended range of services to further strengthen practices and simplify uses
Rolling out a digital transformation covering both industrial processes and commercial management
Ramping up synergies between R&D and industry, targeting operational excellence.

The objectives for 2020 are ambitious:

Delivering stronger growth than the market
Achieving 8-8.5% income from ordinary operations
Generating over 250 million euros of cash for 2017-2020

“Transform to Perform” is delivering benefits:

FY 2017-18: performances higher than forecast thanks to excellent operational performance in Q4.

The revenues for the Groupe are up to 8.5% at constant exchange rates, climbing to 1.28 billion euros.

Boats: business is up +9% at constant exchange rates. Housing: business is up +11% for Leisure Homes.

GOVERNANCE

The Board of Directors

The BENETEAU S.A. general meeting held on February 8, 2019 approved the transformation of the Group’s governance into a structure based on a company with a board of directors.

It highlighted its commitment to separating the roles of the Chairman and Chief Executive Officer, as well as its preference for a majority of independent directors within the Board.

The Board of Directors has 7 members, four of them are independent. In addition, it appointed three observers to provide assistance: Christian de Labriffe, Claude Brignon and Luc Dupé.

JÉRÔME DE METZ

Chairman of the Board, independent member

Founder of MBO Partenaires, a private equity firm accredited by the French Financial Markets Authority (AMF), providing support and finance for entrepreneurs for the transfer of unlisted SMEs. After heading up this firm from 2002 to 2015, he was Chairman of its Supervisory Board until 2018.
Full biography

LOUIS-CLAUDE ROUX

Vice-Chairman of the Board

President of the Management Board, BERI 21 since August 31, 2018.
Vice-Chairman of Groupe Beneteau’s Supervisory Board from March 2015 to February 2019.
Full biography

ANNETTE ROUX

Director

Chairwoman of the Foundation Beneteau.
Chairwoman of the Supervisory Board, BERI 21, since 2005.
Full biography

ANNE LEITZGEN

Director, independent member

Chairwoman SCHMIDT GROUPE.
Member of Groupe Beneteau’s Supervisory Board from January 2017 to February 2019.
Full biography

YVES LYON-CAEN

Director

Chairman of the French Nautical Industries Federation (FIN) since 2014.
Chairman of Groupe Beneteau’s Supervisory Board from January 2005 to February 2019.
Chairman of the French Boating and Yachting Confederation (CNP) since 2015.
Full biography

SEBASTIEN MOYNOT

Director, independent member

Representative of Bpifrance Investissement.
Member of the growth capital management committee of Bpifrance Investissement since 2013, specifically in charge of capital investments for mid-market firms and large companies.
Full biography