(Il Sole 24 Ore Radiocor) - Milano, 31 mar - The Italian yacht maker Ferretti said it generated revenue from new yachts of 1.232 billion euros in 2025, up by 5.0% compared to the year earlier and outperforming its reference market.

The order intake reached 1.137 billion euros, substantially in line with the year earlier, while the order backlog amounted to 1.716 billion, up by 14.5% compared to September 30, 2025 and 3.1% higher than end 2024. The net backlog amounted to 828.6 million euros at the end of 2025, up 4.3% versus September 30, 2025.

Adjusted EBITDA for the year increased by 6.7% to 202.8 million euros as the adjusted EBITDA margin expanded by 30 basis points to 16.5%.

Ferretti said it had a net financial position of 111.0 million euros of net cash as of December 31, 2025, up about 45.8 million from its end September figure.

"Top-tier luxury clients continue to exhibit spending behaviours that defy market trends, contrasting with the aspirational luxury segment," the company said. "The global yachting industry remains resilient amid geopolitical and macroeconomic uncertainty, highlighting its stability and strength." However, Ferretti noted that the geopolitical situation in the Middle East is causing delays in both order intake from the region as well as in the delivery of boats scheduled for.

that market.

(RADIOCOR) 31-03-26 14:52:27 (0515) 5 NNNN