Ferretti approves financial results as of 30 June

The Board of Directors of Ferretti S.p.A. has examined and approved the biannual financial report as of the date 30 June 2026. Key figures include net revenue from new orders of €585.6 million, down 5.6% year-on-year. The trend later improved in the second quarter of the same year.

Adjusted EBITDA stood at €92.5 million, with a margin of 15.8%. Net profit stood at €37.9 million, compared with €43.6 million recorded in the first half of 2025, while order intake amounted to €341.4 million in the first half of 2026, down from the high comparative figure of €467.3 million recorded in the first half of 2025.

The Group also reported a net financial position (net cash) of €95.0 million as of 30 June 2026, an increase of €76.6 million compared with 31 March 2026, supported by the seasonal release of net working capital associated with deliveries and following the distribution of approximately €37.2 million in dividends.

“My first two months at Ferretti Group,” commented Stassi Anastassov, CEO of the Ferretti Group, “have been devoted entirely to listening, learning and gaining an in-depth understanding of the company from the inside. I have spent a great deal of time at our shipyards alongside employees, dealers, agents and boat owners, analysing our performance brand by brand, market by market. The conclusion I have arrived at is clear: The Ferretti Group remains an extraordinary company, with exceptional brands, highly talented people and one of the strongest financial positions in the sector. At the same time, the first half of the year confirms that we are operating in a more challenging market environment than in recent years. Customers’ decision-making times have lengthened, competition has intensified in various segments and order intake remains below the levels needed to replenish our order book at the pace we would like.”