Trigano (TRI) Q3 2026 TU earnings summary

Executive summary

• Third-quarter 2026 sales reached €1,162.2 million, up 1.6% year-over-year despite a high comparison base.

• Nine-month sales totaled €2,941.6 million, a 4.3% increase compared to the same period last year.

Financial highlights

• Motorhomes and caravans segment Q3 sales rose 1.8% to €985.9 million; nine-month sales up 4.7%.

• Other leisure activities Q3 sales were €176.3 million, up 0.2%; nine-month sales up 2.1%.

• Caravans sales surged 17.2% in Q3, while motorhome sales advanced 1.4%.

• Mobile home sales increased 1.6% in Q3, with trailers down 0.6%.

Outlook and guidance

• Anticipated sales growth and production trends point to improved earnings and robust cash flow for full-year 2026.

• Longer-term, strong market fundamentals are expected to drive continued growth in motorhome demand across Europe.

• Inflationary pressures and economic instability could lead to deferred consumer purchases, but strong positioning in entry- and mid-level segments is seen as an advantage.

• Positive distributor response to 2027 product lines is expected to support strong order volumes.