Wednesday, September 21 2022

Written by Alexander Griffiths

During a press conference at the Cannes Yachting Festival 2022, the Ferretti group reported excellent financial health, with revenues of 534 million euros, up 17% compared to the first half of 2021. Adjusted EBITA amounted to 69 million euros, while profits reached 29.9 million euros. .The Group has received approximately €300 million in new orders since June 30, 2022, leading to an order book of over €1.3 billion. The shipbuilder said that “the current order book provides complete coverage of the group’s revenues for 2022 and will cover a significant part of the group’s revenues for 2023 for the bespoke and superyachts segments”.Ferretti Group - Fleet RangeThe Ferretti Group said that this strong positioning has been made possible by a solid investment policy and strategic projects implemented in recent years. These continued investments have resulted in over 284,000 square meters of production space and a product line of 50 models in its fleet. Alberto Galassi CEO Ferretti Group“Beautiful boats produce extraordinary results, and vice versa. This exceptional growth, in a truly magical year for us, is incredible but does not surprise us, as it is the result of high levels of investment, hard work and careful planning,” said Ferretti Group CEO , Alberto Galassi. “These first six months project us towards an end to the year which, I hope, will be even more sensational, in line with the constant trend which has kept us at the top for years. If I think of Riva’s new electric prototype and all the new products that make our brands successful, it’s an absolute pleasure to be here representing the unique know-how that only Italy is able to bring. on the international yachting scene.


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