Ferretti Group has announced record financial results for 2024, showcasing exceptional profit margins and impressive order growth. Following the review of consolidated results as of September 30, the company revealed in November that its order backlog had reached an all-time high of €1.6 billion.
In the first nine months of 2024, Ferretti recorded an order intake of €736.9 million, with autumn boat shows boosting this figure to over €1 billion. Adjusted EBITDA rose to €138.2 million (+10.7%), while net profit amounted to €62.2 million, with a profit margin of 16%.
Alberto Galassi, CEO of Ferretti Group, stated:
“We achieved a new record in profitability, confirming the strength of our strategy. Superyacht sales have been a key driver of these results, particularly in the metal yacht segment.”
Ferretti Group produces luxury yachts at shipyards across Italy, including La Spezia, Ancona, Sarnico, and a new facility in Ravenna, which will further enhance production capacity. Galassi noted that the new shipyards will optimize the product mix and strengthen the company’s position in high-growth segments.
These results reaffirm Ferretti Group’s leadership in the luxury yacht industry, driven by strategic investments and successful participation in major international boat shows.
