Construction sites handicapped by a wait-and-see market
The past few weeks have been marked by the announcement of several receivership or liquidation proceedings, both in France and abroad, in the yachting sector. From Marsaudon Composites à Ocean Shipyard to better understand the reasons, we interviewed the company's management. After off-peak seasons in the wake of the Covid pandemic, yacht dealers have seen a sharp slowdown in orders since the end of 2022 and the beginning of 2023. Boaters are faced with inflation, and executives and business leaders are less inclined to place orders in an uncertain international environment. A wait-and-see attitude is the order of the day, putting a strain on order books.
A bonus for large shipyards
Smaller boatyards, selling directly to private customers, are the first to be affected. What's more, with high raw material costs and cash flow often inferior to that of the major yachting players, they are the most vulnerable to the situation. As a result, this is a propitious time for mergers with major groups.
While the picture may seem bleak, there are also opportunities. That's what the Catana Group, launching a new brand of motor catamarans, called Yot .
In these turbulent times, sailing in a flotilla seems to be a guarantee of security for companies too!
