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Andreas Hanakamp GmbH
Nautilus Yachting
Aerotek CE
Island Packet Yachts
Luhrs Corporation
   
Bénéteau Group FY 2005-06: profitability significantly improved

EARNINGS FOR FY 2005-06

The Bénéteau Group's supervisory board has approved the financial statements for the year
ended August 31st, 2006, presented for the first time over a full year under IFRS.
Sales, as already published in September, are up 6.7% to €826.2 million.

Operating income, up 11.1% to €104 million, represented 12.6% of sales, compared with
12.1% last year, with this improvement in profitability driven by all of the Group's activities:
- Operating income on Boats (Bénéteau, Jeanneau, CNB, Lagoon and Wauquiez) came to
€99.6 million, representing 13.7% of sales, compared with 13.4% the previous year.
- Operating income on Other Activities (Microcar and O’Hara) came to €4.4 million,
representing 4.5% of sales, compared with 2% last year.

Net income is up 11.2% to €71.6 million, compared with €64.4 million in 2004-05, representing
8.7% of sales (8.3% last year).

In addition, net cash-flow is up €39.2 million to €210.6 million at August 31st, 2006 (including
treasury stock).

DIVIDEND

In light of earnings recorded for the year ended August 31st, 2006, the Management Board has
decided to submit a proposal at the general meeting to be held on January 26th, 2007 to
increase the dividend to €1.48 per share, compared with €1.32 per share the previous year,
representing an increase of 12.1%.

OUTLOOK FOR 2006-07
This fall’s boat shows point to a further year of growth on the pleasure cruising markets in
2007.
In light of the current order book, and the favorable way in which its new products have been
received, the Group is expected to outperform the markets in 2007.

http://www.beneteaugroup.com

Bénéteau Group FY 2005-06: profitability significantly improved
   
   
 
 
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