Two major manufacturers reveal tough start to 2025
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Manufacturers expect growth despite tough start to 2025
Trigano and Knaus Tabbert have both revealed financials for different periods of 2025, which reflect a period of “declining sales” and “significant decline in revenue due to the interruption in production and the reduced production volume”. However both companies have a positive outlook for the rest of the year.
Nathaniel Cureton Content Editor
Nathaniel Cureton Content Editor
Despite tough conditions, Trigano still returned an appealing income of €144 million. Both companies halted production to help with overstocking across the dealer network. Trigano says it is seeing more of this in its campervan market. To help with the overstocking, Trigano delivered 19% less motorhomes in the first quarter.
While Trigano made reductions in staff, this was limited to 7.2% of the workforce to allow the company to keep pace with he predicted upturn in business. The company delivered 21,458 motorhomes and grew its market share by 3%.
The increased market share comes from growth in all of Trigano’s European markets:
- France up 11.8%
- Germany up 7.9%
- Italy up 40.9%
- Spain up 8.6%
Knaus Tabbert, too, paused production at the beginning of the year, to assist with overstocking.
This resulted in a 21.5% decline in turnover compared to the first quarter of 2024, from €376.7 million to €295.6 million. Following the end of 2024, the manufacturer adjusted costs and production to meet the demands of the market.
This included lowering workforce numbers, reducing the number of temporary and short-term workers, and improving production efficiency overall. It is expected these measures will take effect throughout the course of the 2025 financial year.
Despite production pauses, both Trigano and Knaus Tabbert state positive outlooks for 2025 with the latter expecting revenue of approximately €1 billion in the 2025 financial year.
They also say an adjusted EBITDA (earnings before interest, taxes, depreciation, and amortisation) will be in the range of 5% - 6.5%.
Trigano says its sales activity shows positive momentum and, as a result of destocking operations, it expects to see growth in the second half of the financial year.
By continuing to reduce working capital, the company will continue to see its cash flow improved, allowing it to pursue growth strategies in the European leisure vehicle market.
Knaus Tabbert also reports a positive cash flow for the first three months of 2025 with an operating cash flow of €16.6 million. This means the company can invest in growth as it progresses through the financial year.
Who is Trigano?
Trigano is a major European manufacturing group, founded in 1935 by Edgar Trigano, with a significant presence in France and Germany. The brand includes the following manufacturers:
- Chausson
- Eura Mobil
- Auto-Sleepers
- Rimor
- Adria Mobil
- Auto-Trail
- Mobilvetta
- Benimar
- Roller Team
Who is Knaus Tabbert?
The Knaus Tabbert group, based in Jandelsbrunn, Germany is also a leading manufacturer with factories in Germany and Hungary. It has 19 dealers throughout the UK.
The group produces the following brands:
- Knaus
- Weinsberg
- T@B
- Morelo
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