Sanlorenzo approves 2025 financial statements with net profit of €107,4 million.
Order intake up 16% and the integration of Nautor Swan is already fully operational for the Group led by Massimo Perotti. Further development of the new lines is expected in the coming years.
The Board of Directors of Sanlorenzo, meeting under the chairmanship of Massimo Perotti, approved the consolidated financial statements as of December 31, 2025. As stated in a press release from the Sanlorenzo Group, the key indicators confirm the achievement of the set objectives, with a net profit of €107,4 million, up 4,2% compared to the previous year. Earnings per share amounted to €3,04, leading the Board to propose a dividend of €1,05 per share, equivalent to a distribution of approximately one-third of total profits (payout ratio of 34,6%).
On the commercial front, order intake grew 16,0% year-over-year, reaching €943,1 million. This performance was supported by an acceleration in demand across the entire portfolio, with the final quarter of the year generating €253 million in new orders. According to the company's analysis, these results reflect the effectiveness of the strengthening of the direct sales network in Asia and Europe, which has created a structure capable of managing relationships with shipowners and avoiding the accumulation of unsold inventory at dealers. This structure also allows for the precise monitoring of specific geographic areas, including the Middle East, which currently accounts for 7% of total revenues.
Sanlorenzo's order book structure shows a total value of €1,96 billion, 88% of which has already been sold to end customers. The value of work still to be completed remains steadily above €1 billion, with an optimal balance between newly acquired contracts and vessels delivered, ensuring steady revenue growth over time. Operations continue to be managed according to a model based on limiting production volumes, a choice aimed at preserving the brand's exclusivity and the market value of used vessels.
Finally, the 2025 financial year saw the consolidation of Nautor Swan, which already recorded profits in its first year under Sanlorenzo's control. Efficiency initiatives and the collaboration between the two brands are proceeding as planned, with the aim of improving overall profitability in the near future.
Details on the strategic guidelines will be announced on May 8, 2026, in Venice, during the presentation of the new business plan. "Operational initiatives are proceeding according to plan, efficiency improvements are advancing, and business development is accelerating. We expect the new strategies to make a positive contribution in the coming years, both in terms of additional revenue and profitability," commented Chairman Massimo Perotti.
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