Paris, 26th March 2025


2024/2025 First Half-Year Sales: 1.7 billion euros
During the first half-year, Trigano adjusted its leisure vehicle production levels to return to
normative inventory levels in both its factories and distribution networks. As a result, sales at
constant scope and exchange rates declined by 16.5% compared to a high comparable level.

The integration of BIO Habitat, effective December 1 st, 2024, contributed €72 million, bringing
sales to €1,675 million (-12.1%).

Variation 2025/2024
2025 2024 Change at 2023
In Euro millions of which of which constant
Financial Financial Current Financial
(Non-audited figures) scope exchange scope and
year year change year
effect rate effect exchange
rates
Q1 (Sept-Nov) 734.5 893.9 -17.8% 0.3% 0.4% -18.5% 742.5
Leisure
Q2 (Dec-Feb) 866.7 933.6 -7.2% 8.2% 0.3% -15.7% 786.0
Vehicles
Half-Year 1,601.2 1,827.5 -12.4% 4.4% 0.3% -17.1% 1,528.5
Q1 (Sept-Nov) 35.3 37.7 -6.4% -2.9% 0.8% -4.2% 39.8
Leisure
Q2 (Dec-Feb) 38.7 40.6 -4.7% -1.5% 0.5% -3.7% 41.2
equipment
Half-Year 74.0 78.3 -5.5% -2.2% 0.6% -4.0% 81.0
Q1 (Sept-Nov) 769.8 931.6 -17.4% 0.2% 0.4% -18.0% 782.3
Total Q2 (Dec-Feb) 905.4 974.2 -7.1% 7.8% 0.3% -15.2% 827.2
Half-Year 1,675.2 1,905.8 -12.1% 4.1% 0.4% -16.5% 1,609.5

Leisure vehicles
During the second quarter, Trigano continued its efforts to control its working capital
requirements and further reduced its motorhome production, particularly in the vans and mini
vans segments. As a result, sales are down 15.6% compared with a record second quarter of
2024.

Sales of caravans were down 33.1%. Distributors, who are often still carrying large stocks of
motorhomes, are reducing their display ranges in the off-season.
However, sales of accessories for leisure vehicles showed positive momentum in the second
quarter, with dealer stock levels having reached a low point.


At constant scope, deliveries of mobile homes were down 9.2%. Due to a less favourable 2024
season than expected in several French regions, investments by campsite managers in France
are down this year. However, thanks to the acquisition of Bio Habitat in early December 2024,
Trigano's mobile home sales reached €107.4 million (+174.7%).


Leisure equipment
The continued good momentum in trailer sales in Poland and the recovery of the French market
enabled sales to increase in the second quarter despite the economic context being unfavourable
to consumption.

The change in sales of other leisure equipment (-26.2%) - camping equipment and garden
equipment - is not significant due to the seasonality of these activities.
First half-year results

The change in sales, the policy of adjusting margins and the reduction in production weighed on
first-half profitability. Current operating result is expected to be in the range of 8% to 9% of
sales.


Prospects

Buoyed by the solid momentum in order books and continued growth in registrations, the
motorhome market remains well oriented in Europe. Only the minivan segment is down,
particularly in Germany.

Trigano is pursuing its strategy of winning market share with an increasingly innovative product
range tailored to the needs of new customers. The company will continue to invest in the
development of attractive and competitive ranges, aimed at broadening its customer base and
strengthening its leadership position.

However, the economic and geopolitical environment remains uncertain, with persistent tensions
and limited short-term visibility. The fall in interest rates remains insufficient, which could
influence the buying dynamic in certain market segments. In this context, Trigano will maintain
rigorous management of its production in order to adapt its activity to changes in demand.
Operational flexibility will remain a key factor in avoiding overproduction and ensuring effective
control of inventories and costs.

In the mobile home segment, recently launched synergy plans are progressing in line with
expectations. However, the market continues to be affected by economic and political
uncertainties in France. Given the highly seasonal nature of this business, a significant change
in sales momentum is not expected until the start of the next financial year.

Trigano remains fully mobilised to pursue its development with agility and seize the opportunities
offered by its markets.



Glossary
Scope effect
The restatement of scope of newly consolidated entities consists in:
- for entities entering the consolidation scope in the current year, subtracting the contribution of the acquisition from the aggregates of the
current year;
- for entities entering the consolidation scope in the previous year, subtracting the contribution of the acquisition from September 1st of the
current year, until the last day of the month of the current year when the acquisition was made the previous year.
No significant entities left the consolidation scope during the periods mentioned in this press release.

Exchange rate effect
The restatement of the foreign exchange effect consists in calculating aggregates for the current year at the exchange rate of the previous
year.




2024/2025 First Half-Year Results will be published on 13 May 2025




contact
Laure Al Hassi
phone. :+33 1 44 52 16 31
communication@trigano.fr
Euronext Paris A - CAC All-Tradable - SRD - CAC Mid 60 - ISIN FR0005691656 - REUTERS : TRIA.PA - BLOOMBERG : TRI:FP
APPENDIX

Breakdown of sales by product category


from from Variation Q2 2025 / Q2 2024 from
In Euro millions 12/01/24 12/01/23 12/01/22
to to scope exchange at constant scope to
(non audited figures) current change
02/29/25 02/29/24 effect rate effect & exchange rate 02/29/23
Motorhomes 664.0 786.8 -122.8 -15.6% 0.9 0.1% 2.4 0.3% -126.1 -16.0% 622.6
Caravans 28.7 42.9 -14.2 -33.1% -0.2 -0.5% 0.1 0.2% -14.1 -32.9% 60.8
Mobile homes 107,4 39.1 68.3 174.7% 71.9 183.9% - - -3.6 -9.2% 35.3
Accessories 53.2 52.8 0.4 0.8% 2.1 4.0% 0.1 0.2% -1.8 -3.4% 56.3
Others 13.4 12.0 1.4 11.7% 2.2 18.3% 0.1 0.8% -0.9 -7.5% 11.0
Leisure vehicles 866,7 933.6 -66.9 -7.2% 76.9 8.2% 2.7 0.3% -146.5 -15.7% 786.0
Trailers 34.2 34.5 -0.3 -0.9% -0.6 -1.7% 0.1 0.3% 0.2 0.6% 31.7
Others 4.5 6.1 -1.6 -26.2% - - 0.1 1.6% -1.7 -27.9% 9.5
Leisure Equipment 38,7 40.6 -1.9 -4.7% -0.6 -1.5% 0.2 0.5% -1.5 -3.7% 41.2
Total Sales 905.4 974.2 -68.8 -7.1% 76.3 7.8% 2.9 0.3% -148.0 -15.2% 827.2




from from Variation H1 2025/ H1 2024 from
In Euro millions 09/01/24 09/01/23 09/01/22
(non audited figures) to to scope exchange at constant scope to
current change
02/29/25 02/29/24 effect rate effect & exchange rate 02/29/23
Motorhomes 1,286.6 1,545.9 -259.3 -16.8% 3.1 0.2% 5.8 0.4% -268.2 -17.3% 1,221.4
Caravans 57.1 93.3 -36.2 -38.8% -0.5 -0.5% 0.2 0.2% -35.9 -38.5% 118.9
Mobile homes 123,0 53.7 69.3 129.1% 71.9 133.9% - - -2.6 -4.8% 47.7
Accessories 107.2 107.7 -0.5 -0.5% 2.4 2.2% 0.2 0.2% -3.1 -2.9% 117.1
Others 27.3 26.9 0.4 1.5% 2.7 10.0% 0.1 0.4% -2.4 -8.9% 23.4
Leisure vehicles 1,601,2 1,827.5 -226.3 -12.4% 79.6 4.4% 6.3 0.3% -312.2 -17.1% 1,528.5
Trailers 65.4 66.3 -0.9 -1.4% -1.7 -2.6% 0.4 0.6% 0.4 0.6% 65.3
Others 8.6 12.0 -3.4 -28.3% - - 0.1 0.8% -3.5 -29.2% 15.7
Leisure Equipment 74,0 78.3 -4.3 -5.5% -1.7 -2.2% 0.5 0.6% -3.1 -4.0% 81.0
Total Sales 1,675.2 1,905.8 -230.6 -12.1% 77.9 4.1% 6.8 0.4% -315.3 -16.5% 1,609.5