Ferretti Group, record numbers and imposing presence in Cannes

Ferretti Group participates at the 40th Cannes Yachting Festival, showing record numbers and exhibiting the largest fleet of the event: 25 yachts from 8 to 37 meters, amongst which the superlative Rivamare at the entrance of the of Palais des Festival:

  • Ferretti Yachts 780 and Ferretti Yachts 920, besides the new version of Ferretti Yachts 550;
  • Pershing 9X;
  • 56’ Rivale and 100’ Corsaro for Riva brand;
  • Navetta 33 for Custom Line brand.
Ferretti Yachts 920

As at August 31st, 2017, Ferretti Group recorded a consolidated order book for serial brands equal to 259 million Euros, in line with the budget estimates for the current financial year. The Group expects to close the year with a total purchase order for serial brands of around 400 million Euros, confirming and consolidating the extraordinary result already achieved in 2016.

Pershing 9X

The Group continued its strong commercial penetration on a global scale. In percentage terms, as at August 31st, 2017, Europe – Middle East – Africa contributed for 53% of new orders, Americas for 28% and Asia Pacific for 19%. The commercial success and the continuous improvement in efficiency and productivity in all the Group’s shipyards led to the achievement, after the first 8 months of 2017, of consolidated revenues of 344 million Euros, +10% compared to the same period of 2016.

Riva 100’ Corsaro

EBIT and EBITDA, as at August 31st, are both positive, 24.5 million and 37.3 million Euros, respectively. These results led to a firmly positive profit before taxes, reaching 16.5 million Euros as of August 31st, 2017, with a 57% increase compared to the results 12 months ago.