Ferretti S.p.A. (09638) announced its consolidated financial results for the nine months ended September 30, 2025, highlighting a 2.5% year-on-year increase in net revenue for new yachts to €887.2 million. Adjusted EBITDA for the same period rose 2.5% to €141.7 million, maintaining a 16.0% margin, while net profit reached €61.0 million.
According to the announcement, order intake for the first nine months of 2025 amounted to €770.9 million, a 4.6% rise compared to the same period in 2024. Notably, new orders in the third quarter saw a 36% increase versus the prior-year quarter, bolstered by improved macroeconomic conditions and a successful Mediterranean boat show season. The order backlog stood at €1,497.9 million as of September 30, marking a 12.9% year-on-year increase and a 3.6% uptick over June 30, 2025.
Ferretti S.p.A. indicated that net financial position remained positive at €65.2 million in net cash, reflecting typical third-quarter working capital requirements. Management reaffirmed the full-year 2025 and mid-term guidance, citing confidence in market recovery and continued strong demand in both the Made-to-measure and Super yacht segments.