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Sharp uptick in orders for Sanlorenzo

Sanlorenzo’s order intake rose sharply in the first nine months of 2025 with a 18.4% year on year increase.

The Group’s intake reached €689.7 million with a €1.7 billion order backlog as of 30 September 2025, 90% of which has been sold to final clients,

Net revenues from the sale of new yachts was €690.1 million (+3.2% YoY) compared to €669 million in the same period in 2024, aided by the Superyacht and Nautor Swan Divisions.

The Group had a particularly strong performance in the Americas which was up nearly 40% year on year to €140.3 million, accounting for 20.3% of the total.

Core market

The European market remained the Group’s core trading area, accounting for 63.5% of total net revenues new yachts – €438.5 million – up 10.6% compared to the first nine months of 2024.

Sles to the APAC region declined nearly 6% and the MEA area recorded a 57.4% drop compared to the first nine months of 2024.

EBITDA was €128 million (+3.6% YoY), with an 18.5% margin on net revenues new yachts, in line with the same period of the previous year.

Group net profit was €75.9 million (+4.1% YoY), with an 11% margin on net revenues new yachts.

The results reflect the solid positioning and attractiveness of our portfolio.

Massimo Perotti

The Group says a steady improvement in operating profitability reflects the gradual increase in average selling prices driven by the shift in product mix towards larger yachts.

“The results reflect the solid positioning and attractiveness of our portfolio,” said Massimo Perotti, chairman and CEO.

“The exceptional client response to our latest product premieres underscores our ability to anticipate market trends and to offer  the most comprehensive and sought after range in our segment.”

Geopolitical and macroeconomic uncertainty

And he said that in particular, the immediate commercial success of SHE, Sanlorenzo’s new Heritage model and its first yacht equipped with IPS hybrid electric propulsion, further consolidates Sanlorenzo’s leadership.

“Despite a global context characterised by ongoing geopolitical and macroeconomic uncertainty, we remain focused on operational excellence, financial discipline, and the pursuit of our long-term strategic objectives,” Perotti added.

“As we approach year-end, we look to the future with confidence and determination.”

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