The Board of Directors of Ferretti SpA reviewed and approved the Group’s consolidated financial results for 2022. Bottomline is a net revenue growth of 14.6%. Announcement released by Ferretti demonstrates growth across the board. Order Intake reached €1,162 million, which is +19.6% compared to 2021. Leading segment, made-to-measure yachts, reached Euro 469.6 million, equal to 36.2% of the total order book. Net revenue of €1,030.1 million is a 14.6% growth year to year. Adjusted EBITDA of Euro 140 million is a +36.5% compared to 2021, and so on. Group’s net profit for 2022 is €60.5 million.
Composite yachts report revenue of €439.3 million, accounting for approx. 42.6% of total revenues in 2022, followed closely by the made-to-measure yachts segment with revenue of €405.8 million, accounting for approx. 39.4% of total revenues in 2022.
Alberto Galassi
“These exciting results describe Ferretti Group’s glorious present and tell the story of its future. The luxury yachting market continues to expand, and we have good reason to believe that our results in the coming years will be increasingly positive. Ferretti Group has a portfolio of brands that are unique in the world for their breadth, prestige and beauty, and an industrial vision focused on investments in innovation and sustainability: two closely related factors that will increasingly make the difference,” said Ferretti Group CEO Alberto Galassi. “There are no magic formulas, but with these numbers and the success factors I have just mentioned, I can assure our shareholders and our customers that theirs is and will continue to be a winning choice.”
The Ferretti Group, led by Chief Executive Officer Alberto Galassi, is now one of the world’s leaders in the construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally.
Credits: Ferretti Group