FERRETTI's new orders in the first three quarters amounted to €771 million, an increase of approximately 4.6% year-on-year

Zhitong
2025.10.23 15:07
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FERRETTI announced that new orders for the first three quarters of 2025 reached €771 million, a year-on-year increase of approximately 4.6%. New orders in the third quarter were about €304 million, an increase of approximately 36% compared to the same period last year. As of September 30, 2025, cumulative orders amounted to €1.498 billion, an increase of approximately 12.9% compared to the same period last year. The company's CEO stated that improvements in the macroeconomic and geopolitical environment, along with steadily growing market demand, have strengthened confidence in the future

According to the Zhitong Finance APP, FERRETTI (09638) announced that in September 2025, the group will participate in major Mediterranean boat shows, starting with a private preview by the Ferretti Group in Monaco, followed by the Cannes and Genoa boat shows, and concluding with the Monaco Yacht Show.

New Orders: The new orders for the nine months ending September 2025 amounted to €771 million, an increase of approximately 4.6% compared to €737 million for the nine months ending September 30, 2024. The total new orders for the third quarter of 2025 were approximately €304 million, an increase of about 36% compared to the third quarter of 2024, primarily driven by the clarity brought about by the macroeconomic and geopolitical environment during the yacht show season, encouraging customers to purchase new yachts. Additionally, the new orders for the third quarter of 2025 did not include any new orders for superyachts.

Cumulative Orders: As of September 30, 2025, cumulative orders reached €1.498 billion, an increase of approximately 12.9% compared to €1.326 billion as of September 30, 2024, and an increase of about 3.6% compared to June 30, 2025, reflecting the extraordinary growth of new orders in the third quarter of 2025.

Net Cumulative Orders: As of September 30, 2025, net cumulative orders were €795 million, an increase of approximately 4.5% compared to €761 million as of June 30, 2025, and an increase of about 1.9% compared to €780 million as of September 30, 2024.

New Yacht Net Revenue: For the nine months ending September 2025, net revenue from new yachts was €887 million, an increase of approximately 2.5% compared to €865 million for the nine months ending September 2024, primarily due to the significant contribution from custom yachts and superyachts.

Insights from the company's CEO: "We are very satisfied with the achievements during this period, having realized strong new orders. The improvement in the macroeconomic and geopolitical environment provides more favorable conditions, allowing us to seize opportunities more effectively. Thanks to our superior positioning, product mix, and brand uniqueness, the Mediterranean boat show season was a great success. Ongoing negotiations have also reached a very high level, reflecting steady demand growth. Overall, the market recovery strengthens our confidence for the end of the year and the upcoming U.S. season, which is sure to be full of potential."

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