It actually does not seem that bad yet, but it definitely doesn't look good either, since they are now in "redressement judiciaire" (somewhat similar to Chapter 10 in the US i think).
Their financials are here: http://www.societe.c...-378552343.html
Hope they get through it, as they have very successfully been making sweet boats for decades, both one-design (Surprise, Grand Surprise...) and IRC (A35, A40...).
I tend to believe that the failure of the ill-conceived M34 (Tour de France official design) didn't help... On the IRC side they seem to have suffered from the competition of the very dynamic JPK boats... and the pricing of the new A27 seemed high compared to a J80 or a Seascape27...
All of that is a lot in the current context. But i have no insider info.
Anybody here knows more?
Tough times for the European economy
C.












