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Reading: French yachtmaker Beneteau withholds profit forecast amid U.S. trade doubts

Business

French yachtmaker Beneteau withholds profit forecast amid U.S. trade doubts

Last updated: March 20, 2025 5:53 pm

By MT HANNACH

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Navigate in calm seas along the Coast of Cornwall on a calm day on a yacht beneteau — Ban photography / Istock via Getty Images

BENEAU (OTCPK: BTEAF), a manufacturer of French yachts and boats with around 20% of its revenues from the American market, opted to issue annual profit forecasts due to continuous uncertainty surrounding US trade policies under the Trump administration.

The decision