Ferretti Group Demonstrates Robust Performance in H1 2023
Ferretti Group has reported strong performance in the first half of 2023, showcasing impressive financial results. The order backlog reached €1.4 billion, indicating a remarkable 15.8% increase compared to H1 2022. The group's revenue amounted to €580.8 million, representing an 8.6% rise from the previous year.

The Adjusted EBITDA also saw substantial growth, reaching €83.4 million, marking a remarkable increase of 20.9% compared to H1 2022. The margin stood at 14.7%, reflecting an impressive rise of 120 basis points from the previous year. The net profit amounted to €40.9 million, demonstrating a noteworthy surge of 36.8% compared to H1 2022.
Moreover, the order intake for H1 2023 totaled €573.8 million, contributing to the group's strong performance. The net financial position showcased €320 million of net cash in H1 2023, further solidifying the group's financial stability.
With such impressive results, the Ferretti Group affirms its mid-term guidance, highlighting its commitment to continued success and growth in the future.
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