The Italian Sea Group has unveiled the new Perini Navi fleet named Genesis. It happened one year after the brand acquisition. It includes three sailing yacht models in the sizes of: 48, 56, and 77 meters. The series consist of 48m regatta and cruise versions, the 56m ketch and the 77m Falcon Rig. They are all characterized by large spaces, brightness, easy-sailing, and comfort.
The external lines of the Genesis fleet reflect two essential assumptions: the desire to reinterpret in a contemporary way the signature features of the "Perini Navi Style", renowned throughout the world for their elegance and beauty, and at the same time the intention to express a timeless and contemporary design projected into the future.
The new 48-meter, which will be offered in regatta and cruise versions, features new generation hull lines. The open stern, equipped with a transformer, will facilitate access to the sea offering great comfort particularly at anchorage. The sail system handling system will continue to be concentrated in the two command consoles, with a series of joysticks that facilitate single-man control without the need for dedicated crew. The superstructure, which has been restyled, will keep Perini Navi's distinctive stylistic cues: side epaulet, a double round glass stripe providing great light and an enclosed aft cockpit to offer more privacy.
The new 48-meter sailing yacht will have new hull lines to offer limited heeling angles while sailing, double rudders and swing centreboard to minimize draft and facilitate access to remote ports and bays. In the interest of sustainability, it will also be possible to install solar panels.
The 56-meter ketch will be redesigned through the collaboration with Malcolm McKeon Yacht Design, which, with a strong orientation to sailing performance, will develop the naval platform and sail plan, as well as contribute to the styling of the exterior. The new sail plan, full in carbon, will ensure comfort and sailing performance through the use of Perini Navi's "sail handling system".
The 77-meter will be the first platform on which to install the legendary Falcon Rig. The sailing yacht will have two masts that will give great advantages in terms of navigation and safety. With the electro-hydraulic mast-sail management system, sailing will be extremely easy. The new sailing yacht will be the first platform to have a full-size spa-beach club with folding terraces that are connected with the aft beach.
"I am very proud of the new Perini Navi fleet and the progress made so far over the past year," commented Giovanni Costantino, Founder & CEO of The Italian Sea Group. "By transferring the comfort of motor yachts to sailing yachts, we have succeeded in creating a harmonious synergy between two worlds thanks to our already strong expertise, which has been strengthened and expanded through the Perini Navi acquisition. The market is showing particular sensitivity to our sailing yachts, and our established reputation for design, quality and innovation will help strengthen the Group's expansion and growth strategy."
The Italian Sea Group is a global operator in the luxury yachting industry, listed on Euronext Milan (“EXM”) and active in the construction and refit of motor yachts and sailing yachts up to 140 meters. The Company, led by Italian entrepreneur Giovanni Costantino, operates on the market with the brands Admiral, renown for elegant and prestigious yachts, Tecnomar, Perini Navi, and Picchiotti; the Company has a business unit, NCA Refit, that manages the maintenance and refit services for yachts and mega yachts with a length over 60 meters.
Credits: The Italian Sea Group
The Board of Directors of Sanlorenzo S.p.A., chaired by Mr. Massimo Perotti, convened to review and approve the preliminary consolidated results as of December 31, 2024. Key highlights include:Financial PerformanceNet Revenues from New Yachts ("Net Revenues New Yachts") reached €930.4 million, an increase of 10.7% compared to €840.2 million in 2023. This growth was driven by the excellent performance of the Superyacht Division (+17.6% YoY) and the stabilization of the Yacht Division (+1.8% YoY).EBITDA increased by 12.0% to €176.4 million, with a margin of 19.0% on revenues.Operating Profit (EBIT) grew by 10.6% to €139.3 million, with a margin of 15.0% on revenues.Operational PerformanceInvestments totaled €49.3 million, largely directed towards expanding industrial capacity and developing new models and product lines. Following the inclusion of Nautor Swan and Simpson Marine, total investments for the period reached €188.1 million.Net Cash Position stood at €29.1 million post dividend payments of €34.8 million, organic investments of €49.3 million, and other operational expenses. Excluding extraordinary transactions, the net cash position would have been €112.8 million.Order Book and Sales:Q4 2024 Orders amounted to €230.2 million, a 22.0% increase over the same period in 2023. The total backlog stood at €1,019.8 billion, with €623.1 million allocated to 2025.Strategic InitiativesThe company continued to enhance its international footprint via direct representation in key regions, exemplified by the acquisition of 95% of the Simpson Marine Group in March 2024.In August 2024, Sanlorenzo signed a binding agreement to acquire 100% of Nautor Swan, which had already contributed €38.3 million over five months.Technological advancements were also notable, with the launch of three yachts showcasing innovative sustainable technologies.Massimo Perotti, Executive Chairman of Sanlorenzo, stated: "Our solid growth trajectory, confirmed by achieving results both in terms of revenues and margins, highlights the effectiveness of our 'Haute Couture' business model and the ability of our team to successfully navigate global markets and close valuable acquisitions, even in uncertain times like 2024. We are steadily pursuing the Group’s long-term vision and executing the strategic objectives set out in our business plan, while maintaining a solid financial position and liquidity that allow us to evaluate and seize every opportunity to further strengthen our brands."Sanlorenzo was founded in 1958 in Viareggio by yacht builder Gionvanni Jannetti. In 2005, Massimo Perrotti became the majority shareholder in the shipyard. Sanlorenzo builds yachts ranging from 28.60 to 73 meters in length. Credits: Sanlorenzo
February 14, 2025
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February 14, 2025
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February 14, 2025
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February 13, 2025
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February 13, 2025