Groupe Beneteau

The company said it will move forward with eight brands instead of 12.

Four Winns will now be a power cat line, as the company lays out a five-year plan for its eight brands.

Bruno Thivoyon becomes chief financial officer of the French boatbuilding conglomerate.

Boat sales were up 4.6 percent, but income from ordinary operations fell 5.8 percent for fiscal 2018-19.

Paul Blanc will become general manager of the Jeanneau brand and Jean-Paul Chapeleau will become deputy CEO of Industrial Studies, Purchasing and Product Development.

The French conglomerate also looks to the future, with foiling technology and boat recycling.

The French conglomerate reported a “contraction” for its American brands because of tariffs.

The company did, however, give Trade Only Today an exclusive glimpse into its road map forward last month.

The CEO for North American operations retires from the company.

Groupe Beneteau’s partnership with digital manufacturer PTC will help the boatbuilder become more efficient, while using augmented reality to personalize new boats.

“With our strong managers, we’ll now have a new strong direction where everyone is working together,” Jérôme de Metz said.

Groupe Board Chairman Jérôme de Metz will replace Hervé Gastinel.

The builder will focus on large multihull construction at the Bordeaux shipyard and move production of its sailing superyachts to its Montecarlo facility in Italy.

The company said growth came from robust sales of its European brands in the U.S. market as well as sailboat fleet sales.

Yannick Madiot, who previously worked for Beneteau USA until 2010, will supervise support activities in the U.S. division.

A new kind of cargo-sailing ship could be transporting its boats from Europe to the U.S. as early as 2021.

Still in the concept phase, the first version is a prototype.

The French conglomerate launched 38 new models last year.

The FLIR division has partnered with Prestige Yachts to demonstrate its DockSense assisted-docking system.

Delphia was founded in 1990 and employs 670 workers.

Erwin Bamps will try to grow Prestige’s presence in the Middle East and Asia.

Herve Gastinel’s keynote at Metstrade includes a comprehensive vision for manufacturing, services and new-product development.

Monte Carlo Yachts fires Carla Demaria.

The French giant plans to continue an aggressive new-product development schedule, as well as build European brands in the United States.