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Home»Maritime»Ferretti Group’s results steady as it looks to expand product offering
Maritime

Ferretti Group’s results steady as it looks to expand product offering

August 2, 2025
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Ferretti Group Continues to See Growth Amid Global Uncertainty

Ferretti Group has confirmed that – amid global macroeconomic uncertainty – it’s seeing constant growth in its key financial and economic indicators. It’s enjoyed improvement of €47.0m in its net financial position compared to the first quarter 2025. Net Revenue new yachts increased to €620.4m (+1.5 per cent YoY), while adjusted EBITDA grew to €99.1m (+2.5 per cent YoY). Its order intake came to €467.3m in H1’25, down 9.2 per cent compared with H1’24.

The company which designs, builds and sells luxury yachts and pleasure vessels under several brand names including Ferretti Yachts, Riva, Pershing, Itama, CRN, Custom Line and Wally (pictured above) says its consolidated financial results as of 30 June 2025, show net profit equal to €43.6m, almost in line with H1’24 (€44.0m).

“The strategy focused on enhancing the high-composite, made-to-measure, and flagship superyacht segments across all brands is proving effective overall. It allows us to continue attracting the ultra-high-net-worth community, which maintains strong spending power even amid market uncertainty,” says Alberto Galassi, CEO.

The group says that top-tier luxury clients continue to exhibit spending behaviours that defy market trends. The global yachting industry remains resilient amid geopolitical and macroeconomic uncertainty, highlighting its stability and strength.

In this context, the group believes it has continued to deliver outstanding performance, consistently gaining market share and reinforcing its strategic position not only in high-value segments but also in new emerging and high-growth segments.

Earlier this month, Ferretti completed its acquisition of the remaining 25 per cent of the share capital of Sea Lion, bringing its ownership to 100 per cent (Sea Lion holds the Wally brand, which has been part of Ferretti’s portfolio since April 2019).

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Read all the latest news about Ferretti Group

Consolidation and Expansion for Product Range

Now the idea is that the group will enhance and expand its product offering and mix. It’s aiming to consolidate its position in both composite and made-to-measure segments (offering larger alloy yachts and developing new alloy-hulled super yacht models under its Riva, Pershing, and Custom Line brands) and will focus on the segments with the highest growth potential and marginality. It’ll continue to invest in innovation, technologies, and products with the aim of providing a more environmentally responsible yachting experience.

Ferretti is also looking to broaden both its yacht brokerage, chartering and management services and its after-sales and refitting services. It’ll be a busy time as it also extends its brand extension and licensing activities.

“In a macroeconomic environment marked by uncertainty, where the past quarter saw heightened global volatility and a slowdown in the luxury market, our group has stood out for its soundness and continued growth, supported by strong cash generation thanks to the unique nature of our business model and our seven brands,” says Galassi (pictured below).

“Looking ahead, we will continue to launch new models, anticipating industry trends, while maintaining a constant focus on operational efficiency and with the goal of further strengthening our competitive advantage.”

Order Intake by Segment and Geography

In the first semester of 2025, order intake amounted to €467.3m, a slowdown of 9.2 per cent compared to the same period of 2024 (€514.4m).

The second quarter of 2025 was marked by macroeconomic challenges and geopolitical uncertainties. It included Trump’s ‘Liberation Day’ in April, which coincided with rising concerns over potential new import tariffs between the US and the EU. Escalating geopolitical tensions in the Middle East during mid-June added further volatility to the global landscape.

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But, says Ferretti, despite these challenges, good results driven by product mix and the strength of brands allows the company to be confident for the upcoming boat show season.

Ferretti’s statement shows that composite yachts (€160.9m) now account for about 34.4 per cent of total order intake – driven by more than half of new orders coming from over 80ft (24m) vessels.

Made-to-measure yachts total €237.8m – about 50.9 per cent of total order intake – while its superyachts segment totalled €64.9m which is about 13.9 per cent of its total order intake. The number of units is in line with last year, though the product mix has changed – with last year’s intake including one bespoke superyacht.

Ferretti’s other businesses totalled €3.8m, accounting for about 0.8 per cent of total order intake.

Just shy of 40 per cent of orders are from Europe (showing sound demand in the high-composite segment) followed by AMAS (Americas and South America) with about 30 per cent of total order intake. MEA (Middle East and Africa) came in at around 28 per cent of the total order intake, followed by APAC (Asia-Pacific) at about 3 per cent, continuing its growth trend.

Read all the latest financial results from marine companies

A foiling dinghy glides on the water, showcasing high-performance equipment, alongside Pro-Set's epoxy solutions for composite manufacturing.

The Benefits of Mindfulness Meditation

In today’s fast-paced world, it can be easy to get caught up in the chaos and stress of daily life. However, one practice that has been gaining popularity in recent years is mindfulness meditation. This ancient practice has been used for centuries to help individuals cultivate a sense of inner peace and calm, and research has shown that it can have a wide range of benefits for both mental and physical health.

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One of the key benefits of mindfulness meditation is its ability to reduce stress and anxiety. By focusing on the present moment and letting go of worries about the past or future, individuals can learn to better cope with the challenges of daily life. Studies have shown that regular meditation practice can lower levels of cortisol, the stress hormone, and improve overall feelings of well-being.

In addition to reducing stress, mindfulness meditation can also help improve concentration and focus. By training the mind to be more present and attentive, individuals may find that they are better able to stay focused on tasks and activities, leading to increased productivity and efficiency. This can be especially helpful in today’s digital age, where distractions are constantly vying for our attention.

Furthermore, mindfulness meditation has been found to have a positive impact on mental health. Research has shown that it can help reduce symptoms of depression and anxiety, and may even be as effective as medication in some cases. By cultivating a sense of inner peace and self-awareness, individuals can learn to better manage their emotions and respond to challenging situations with greater resilience.

On a physical level, mindfulness meditation has also been shown to have numerous health benefits. It can help lower blood pressure, improve sleep quality, and boost the immune system. By reducing stress and promoting relaxation, meditation can have a positive impact on overall health and well-being.

Overall, mindfulness meditation is a powerful tool for improving both mental and physical health. By taking the time to cultivate a regular meditation practice, individuals can reap the many benefits of this ancient practice and experience a greater sense of peace, clarity, and well-being in their lives.

Expand Ferretti Groups Offering Product results Steady
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