Positive results but declining order intake (-9,2%) for Ferretti Group in the first half of 2025

Ferretti Group closed the first half of 2025 with net revenues from new business of €620,4 million, up 1,5%, and EBITDA of €99,1 million, up 2,5% compared to the first half of 2024, with a margin of 16%, up from 15,8% in the first half of 2024. Net profit was €43,6 million, in line with the first half of 2024, while order intake amounted to €467,3 million in the first half of 2025, a decrease of 9,2% year-over-year. Net backlog amounted to €760,8 million in the first half of 2025, with a net financial position of €101,6 million (net cash) as of June 30, 2025, up €47,0 million thanks to a cash release from net working capital and the payment of approximately €34 million in dividends.

The group confirms its guidance, and Alberto Galassi, CEO of the group, stated: "In an uncertain macroeconomic environment, which in the last quarter saw the global economy particularly volatile and the luxury market slow, our Group has stood out for its solidity and continued growth with excellent cash generation, thanks to the unique nature of our business model and our seven brands. Therefore, the strategy aimed at enhancing the high composite, made-to-measure, and flagship superyacht segments across all brands is proving effective overall, allowing us to continue to attract the ultra-high-net-worth community with greater capacity and propensity to spend. Looking to the future, we will continue to introduce new models, anticipating industry developments, with a constant focus on operational efficiency and with the aim of further consolidating our competitive advantage."

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