The Board of Directors of Ferretti S.p.A. has approved the consolidated preliminary financial results for the fiscal year ending 31 December 2024. Key highlights include:
Order Backlog: Reached an all-time high of €1.7 billion, marking a 25.5% increase compared to September 2024 and an 11.6% rise over December 2023.
Revenue Growth: Net revenue from new yachts increased by 5.6% to €1,173.3 million compared to 2023.
Profitability: Achieved an adjusted EBITDA margin of 16.2%, exceeding expectations and showing strong operational efficiency.
Net Profit: Rose by 5.6% to €88.2 million compared to the previous year.
Board Changes: The company appointed two new directors – Tan Ning and Hao Qinggui – and restructured its committees.

Alberto Galassi, CEO of Ferretti Group, expressed optimism about these results, attributing them to the company's innovative strategies, commitment to quality, and customer trust. He emphasized the group's focus on expanding globally, investing in technology, and enhancing products to reinforce their market leadership.
These figures demonstrate Ferretti Group's robust financial health and continued success in the luxury yacht industry.
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