During the first half of the 2025/26 financial year, revenue for the Fountaine Pajot Group stood at €136.3 million, down 12.7% compared to the same period of the previous year.
The results for the period ending February 28 2026, come as the Group has announced that chief executive officer Nicolas Gardies, who has supported the Group’s development since 2014, is to retire in 2027.
Mathieu Fountaine, deputy CEO, will oversee the transition, supported by a strengthened and expanded executive committee working alongside senior management.
In addition, after playing a major role for over 20 years in the transformation, product development and international expansion of the Fountaine Pajot Group and its brands, Romain Motteau is moving on to new projects.
Motteau has resigned from his position as deputy managing director of the Group but will remain involved in steering the Fountaine Pajot Group’s international operations.
Development strategy
Current sales director Steven Guedeu has been appointed by as deputy managing director in charge of sales and marketing to support the implementation of the Group’s development strategy.
EBITDA for Fountaine Pajot for the first six months was €12.7 million, down from €25.2 million the previous year, primarily reflecting the impact of lower volumes in a less dynamic market.
Operating profit — before goodwill impairment charges — was €6 million, while the Group’s share of net profit remained positive at €5.2 million.
The Group says the results demonstrate its ability to maintain profitability, driven by the appeal of its renewed catamaran and monohull ranges, and also reflect efforts to adapt its production facilities to new market conditions.
Workign capital requirements
As of February 28, 2026, cash flow from operations was €22.3 million (compared to €20.1 million in the first half of 2024/25).
This was driven by a self-financing capacity of €10.3 million and management of working capital requirements, which improved by €12 million over the period.
The Group committed €16.5 million on investments during the half-year, focused primarily on renewing product ranges, product innovation and technical developments designed to keep pace with market trends.
The Group is made up of Fountaine Pajot Sailing Catamarans, Fountaine Pajot Yachts and Dufour business lines.
