FERRETTI (09638)' s new orders for the first three quarters of the year amount to 771 million euros, representing an increase of approximately 4.6% compared to the previous year.
Ferrari (09638) announced that in September 2025, the group will participate in the main Mediterranean boat show, starting from Monaco...
FERRETTI (09638) announced that in September 2025, the group participated in the major Mediterranean boat shows, starting with a private preview of the FERRETTI group in Monaco, and continuing to the Cannes and Genoa boat shows, culminating in the Monaco Yacht Show.
New orders: For the 9 months of 2025, total orders amounted to 771 million euros, an increase of approximately 4.6% compared to the 737 million euros for the 9 months ending on September 30, 2024. The total amount of new orders for the third quarter of 2025 was about 304 million euros, representing approximately a 36% increase from the third quarter of 2024. This growth was mainly driven by the improving macroeconomic and geopolitical environment during the yacht show season, leading to customers purchasing new yachts. Additionally, the new orders for the third quarter of 2025 did not include any new orders for super yachts.
Total orders: As of September 30, 2025, total orders reached 1.498 billion euros, an increase of approximately 12.9% compared to September 30, 2024, and an increase of approximately 3.6% compared to June 30, 2025, reflecting the extraordinary growth in new orders for the third quarter of 2025.
Net total orders: As of September 30, 2025, net total orders were 795 million euros, an increase of approximately 4.5% compared to June 30, 2025, and an increase of approximately 1.9% compared to September 30, 2024.
Net new yacht revenue: For the 9 months of 2025, net new yacht revenue was 887 million euros, an increase of approximately 2.5% compared to the 865 million euros for the 9 months ending on September 30, 2024, mainly due to the significant contribution of custom and super yachts.
The CEO's remarks: "We are very pleased with the achievements made during this period, with strong new orders. The improvement in the macroeconomic and geopolitical environment has provided more favorable conditions, allowing us to seize opportunities more effectively. Thanks to our superior positioning, product range, and brand uniqueness, the Mediterranean boat show season has been a great success. The ongoing negotiations are also at a very high level, reflecting steady demand growth. Overall, the market recovery strengthens our confidence for the year-end and the upcoming American season, which are expected to be full of potential."
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