Trigano Shares Jump Nearly 5% After Revenue Announcement
The French recreational vehicle manufacturer significantly rebounds mid-morning, following the announcement of its third-quarter results and a major share buyback program. The stock mitigates some of its monthly decline in a well-oriented Parisian market. The rebound occurs at a technically monitored threshold that has been observed for several sessions.
A Mixed Quarter That Reassures Despite Near-Stagnant Sales
Trigano shares rose 4.79% to €140.00, among the strongest gains in the SBF 120, while the index itself advanced by 0.29%. This movement comes the day after the announcement of the third-quarter revenue, revealed on June 24. Sales increased by 1.6% to €1.162 billion, despite being hampered by supply chain disruptions in bodyworks and decreased store footfall.
The group also repurchased 300,000 of its own shares for €45.9 million in recent weeks, a move that has caught the market's attention. During the third-quarter 2026 announcement (June 24, 2026), the management indicated expectations of improved annual results for 2026, relying on the favorable reception by distributors for the 2027 ranges. Based on the consensus of surveyed analysts, the stock is trading at about 9.2 times the earnings of the current fiscal year and 8.5 times those of the next.
Technical Rebound Initiated at the €133.60 Support with an Oversold RSI
The stock precisely rebounded off its €133.60 support, which was tested last week following the break below the €140 threshold. The RSI, having dropped to 26, indicates the exhaustion of selling pressure that had set in over the past month, with the stock having lost 8.85% during this period. Despite today's surge, the price remains below its three moving averages: the MM20 at €148.56 (a gap of -5.76%), the MM50 at €152.74, and the MM200 at €156.54, more than 10% above the current price.
A return towards the MM20 would be the next technical step to confirm the exit from the oversold zone. The next higher resistance is identified at €162.10.
