Ferretti, Record of orders: the use of 7.7% of the profit. The ad galassi: ready to seize new opportunities
Galassi: « We continue with determination in our growth path, investing in innovation and quality, ready to seize market opportunities »
New historian for Ferretti, the group specialized in luxury boating, which has filed The first trim of 2025 with orders in portfolio for 1.77 billion uphill compared to the same period of 2024.
Results driven above all by the increase in demand in the last months of the « tailor -made » and gods Super Yacht « Which today represent about 73% of the total order portfolio together, » explained the lawyer Alberto Galassi, CEO of the group.
The growing interest
All the main indicators are growing: net revenues for 328.5 million euros (+5%), net profit to 23.9 million (+7.7%) and Ebitda Adjusted increases by 8.9%to 52.5 million, with a 16%growing margin. The order collection in the quarter stands at 270.6 million, up 1.5%.
« During the first three months of the year, participation in the main international nautical salons of Düsseldorf, Miami, Dubai and Palm Beach has strengthened our presence in strategic markets, generating a growing interest from shipowners, a sign of the group’s ability to successfully operate in an evolution context », added Galassi.
The question runs in the Middle East
On a geographical level, the Mea region (Middle East and Africa) has seen a strong growth, with revenues rising to 113.5 million (+77.6% on an annual basis), driven by the demand for large yachts. The Pacific Asia area (5.7 million, -55.1%) flexed, while the Amas (Americas) area grew by 7% to 78.4 million, thanks to the good performances of the made-to-mesure segment, in particular In the US market, « confirming the success of the group’s strategy oriented towards larger and highly customizable yachts » « It reads in the note.
Europe, penalized by a temporal showing between orders and deliveries, especially in the made-to-mesure and super yachts segments, recorded more contained performances.
Forecasts for 2025 and new Riva, Pershing and Custom Line models
Ferretti confirmed the forecasts for the entire year, with expected revenues between 1.22 and 1.24 billion euros and a further expansion of marginality. The group focuses on innovation, sustainability and expansion of the range, with an increasing focus on tailor -made league yachts, new signed models Riva, Pershing and Custom Lineand the strengthening of after-sales services and brand extensions.
The dividend and the focus on acquisitions
THE‘Assembly of shareholders approved the distribution of a dividend of 10 cents per action. « We continue with determination in our growth path – concluded Galassi – investing in innovation and quality, ready to seize market opportunities to further strengthen our leadership position in the luxury nautical sector ».