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Growth for Ferretti despite economic uncertainty

Ferretti has reported constant growth in its key financial and economic indicators in the last six months, despite global macroeconomic uncertainty.

Net revenue for new yachts increased to €620.4 million (+1.5% YoY), with the main increase driven by made-to-measure and super yachts.

The shipyard had adjusted EBITDA of €99.1 million, representing an increase of 2.5% when compared to the same period in 2024, with a margin of 16%.

Net profit was €43.6 million, similar to the same half year period in 2024.

Net backlog

Order intake for Ferretti reached €467.3 million in the first six months of 2025, down 9.2% compared to 2024’s €514.4 million and Ferretti’s net backlog reached €760.8 million.

As of 30 June 2025, the order backlog amounted to €1,446 million, down 3.3% compared to 30 June 2024 (€1,495.8 million).

A total of 133 units were delivered in the first six months of 2025, of which 102 were in Q2, including two super yachts.

In the different regions, Europe totalled €181.1 million, accounting for almost 39% of total order intake.

Our Group has stood out for its soundness and continued growth.

Alberto Galassi

Middle East and Africa totalled €130.6 million, accounting for nearly 28% of total order intake, particularly driven by a strong performance in Turkey and the Gulf Cooperation Council countries.

The Asia Pacific region totalled €12.8 million, accounting for nearly 3% of total order intake, up from around 1.4% of total order intake.

The Americas totalled €142.8 million, accounting for more than 30% of total order intake, similar to the same period in 2024.

Ultra-high-net-worth

“In a macroeconomic environment marked by uncertainty, where the past quarter saw heightened global volatility and a slowdown in the luxury market, our Group has stood out for its soundness and continued growth,” said Alberto Galassi, the Group’s chief executive officer.

“Therefore, the strategy focused on enhancing the high-composite, made-to-measure, and flagship superyacht segments across all brands is proving effective overall.

“It allows us to continue attracting the ultra-high-net-worth community, which maintains strong spending power even amid market uncertainty.”

Looking forward, Ferretti plans to continue to launch new models and says it is confident for the forthcoming boat show season.

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