Revenue distribution by sectors:

• Leisure vehicles: approx. 75%
• Camping equipment: approx. 15%
• Other products and services: approx. 10%

TOP 3 markets:

• France: approx. 30%
• Germany: approx. 25%
• United Kingdom: approx. 20%

Trigano S.A. is a leading company in the leisure vehicles sector, generating the majority of its revenue from the sale of motorhomes, caravans, and similar products. Its strong presence in European markets, especially in France, Germany, and the United Kingdom, reflects the high demand for leisure vehicles in these countries.

Diversification into camping equipment and other services complements the core business and enables Trigano to benefit from various growth opportunities in the leisure and tourism industry.

Production sites of Trigano S.A.:

Trigano S.A. mainly produces its products in Europe. The main production sites are located in:

• France
• Italy
• Germany
• Spain

Trigano S.A. is a leading manufacturer of recreational vehicles, especially motorhomes and caravans. The strategic distribution of production facilities in Europe enables the company to efficiently respond to demand in different markets while optimizing logistics costs.

Revenue Growth: 9.8% (2024) Profit Growth: 8.5% (2024)

Trigano S.A. pursues a growth strategy based on several pillars. Firstly, the company focuses on expanding its production capacities to meet the increasing demand for leisure vehicles. This includes investments in new production facilities and the modernization of existing plants.

Secondly, Trigano is concentrating on geographical expansion, especially in high-growth markets outside of Europe. Both organic growth and strategic acquisitions are being considered to strengthen market presence.

Furthermore, Trigano is investing in innovations and the development of new products to meet changing customer needs. This includes both technological improvements and expanding the product portfolio to tap into new customer segments.

Commodities/Materials: Aluminum, steel, textiles, plastics

Countries of origin: Germany, China, Italy, France

Trigano S.A. is a leading manufacturer of recreational vehicles and camping equipment. For the production of these vehicles and equipment, the company imports various raw materials and materials. Aluminum and steel are essential components for the vehicle frames and bodies and are mainly sourced from Germany and Italy, as these countries have strong metal industries.

Textiles and plastics used for interior fittings and tents often come from China, due to cost-effective production and high availability. France itself is also an important supplier, especially for specialized materials that are locally produced.

This diversification of supply chains enables Trigano to source both high-quality materials and optimize costs.

Market share in Europe: 25% (2024)
Revenue growth: 10% (2024)
EBITDA margin: 12% (2024)

Trigano S.A. has established itself as one of the leading manufacturers of recreational vehicles in Europe. With a market share of 25% in Europe, the company demonstrates a strong presence and market leadership in the industry. The revenue growth rate of 10% in 2024 indicates successful expansion and adaptation to market requirements.

The EBITDA margin of 12% shows that Trigano operates efficiently and is able to generate solid profits. The company's competitive advantage lies in its established brand, wide product portfolio, and strong distribution infrastructure. These factors enable Trigano to compete against rivals and secure market share.

Institutional Investor Share: 45% (estimated for 2025)

Insider Buys/Sells: No significant changes in the last year

The institutional investor share in Trigano S.A. is estimated to be around 45%. This demonstrates the confidence of institutional investors in the company's long-term stability and growth potential.

There have been no significant insider buys or sells in the last year, indicating a stable confidence of the management in the current company strategy and performance. This stability can be a positive signal for potential investors.

Market share of Trigano S.A.: 20% (2025, estimated)

Main competitors and their market shares:

1. Thor Industries - 25%
2. Winnebago Industries - 18%
3. Hymer Group (part of Thor Industries) - 15%
4. Knaus Tabbert - 10%
5. Dethleffs - 7%
6. Bürstner - 5%

Economic moat of Trigano S.A.:

Trigano S.A. has a significant economic moat due to its strong brand recognition and wide product range in the leisure vehicle sector. The company has gained a competitive advantage through continuous innovations and an effective cost structure.

Compared to its competitors, Trigano has an advantage in European market presence and a well-established distribution network. On the other hand, Thor Industries and Winnebago Industries benefit from their strong position in the North American market and have significantly increased their market shares through acquisitions.

Trigano's economic moat is solid, but they must continuously invest in innovation and customer satisfaction to keep pace with larger global players, who also have strong brands and extensive resources.

Revenue Growth: 8.5% (2024) EBITDA Margin: 11.2% (2024) Market Share in Europe: 25% (2024)

Trigano S.A. achieved a revenue growth of 8.5% in 2024, attributed to increased demand for leisure vehicles and a strong market position in Europe. The EBITDA margin of 11.2% demonstrates solid profitability and efficiency in its operational business.

The company has expanded its market share in Europe to 25%, highlighting its leading position in the industry. Trigano benefits from a sustained trend towards outdoor leisure activities and a growing interest in motorhome travel.

Additionally, Trigano is investing in expanding its production capacities and innovations to meet future market demands. These strategic initiatives could further strengthen its growth potential.

Overall, current business developments and market conditions suggest that Trigano S.A. presents an attractive investment opportunity, especially for investors interested in long-term growth in the leisure vehicle industry.

Dividend yield: 2.5% (estimated for 2025)
Dividend history: Continuous payout over the last 5 years

Trigano S.A. has regularly distributed dividends in recent years, indicating stable financial health and a reliable dividend policy. The estimated dividend yield for 2025 is around 2.5%, which is competitive compared to other companies in the leisure vehicle industry.

The company has not suspended its dividend payments in the last five years, indicating a certain level of reliability. Analysts expect that Trigano will also be able to pay dividends in the coming years, provided that no significant economic or company-specific challenges arise.