Nicolas Retailleau has been appointed chief financial officer (CFO) of Beneteau Group, effective November 1, 2023.
Retailleau, who joined Groupe Beneteau in September 2022 as CFO of the boat division, succeeds Bruno Thivoyon, who had previously served as CFO and took over as chief executive officer of the group and its boating solutions division last year.
With over 20 years of experience in finance management, Retailleau has worked in various business segments and countries for the Valeo, Galeries Lafayette and Tarkett Groups.
The French boating giant revealed a record estimated turnover of €1.45bn for 2023, during a wide-ranging press conference at the recent Cannes Yaching Festival. International boat business accounts for 84 per cent of the group’s turnover. The group says it is increasing its position in services beyond its traditional activity of boatbuilding.
The group has seen its market capitalisation increase by 50 per cent since 2019. Its boat division is now targeting an operating margin of 11.5 per cent in 2023.
Groupe Beneteau is currently active in four market segments (monohull sailing, multihull sailing, day boating and ‘Real Estate on the Water’). It offers 128 models, both sail and motor, across its nine brands, from 4.5 to 24 metres. Since 2019, the group has launched an average of twenty new models a year.
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