Ferretti Group reports €1.23bn in revenue for 2025
Italy’s Ferretti Group reported net revenue from new yachts of €1.23 billion in 2025, up five per cent year-on-year. The group said this performance outpaced its reference market.
Reporting its preliminary 2025 financial results, the company posted net profit of €90.1 million – an increase of 2.2 per cent compared to 2024.
Order intake and backlog
Order intake reached €1,136.6m in 2025, substantially in line with 2024 levels.
The order backlog stood at €1,715.7m as of 31 December 2025, up 14.5 per cent compared with 30 September 2025 and 3.1 per cent higher than at 31 December 2024. The group’s portfolio includes Ferretti Yachts, Custom Line, CRN, Pershing, Wally and Riva.
Net backlog was €828.6m at year-end, an increase of 4.3 per cent compared with 30 September 2025.
Ferretti Group also reported a net financial position of €111.0m of net cash as of 31 December 2025, an increase of approximately €45.8m compared with 30 September 2025.
The yacht builder, headquartered in Forlì, also confirmed a short-term incentive plan covering the years 2026–2029 has also been approved.
Ferretti Group said that, following the launch of a takeover bid by KKCG Maritime, it has appointed an independent financial advisor to assist the independent board committee in evaluating the offer.
Alberto Galassi, the group’s chief executive officer, says: “2025 has been a challenging year for the global yachting industry and in highly selective market conditions companies with industrial vision, financial discipline and strategic consistency truly stand out.”
Galassi revealed the company’s strategies and outlook to MIN last year.
He continues: “We achieved all the objectives we had set for ourselves, accurately interpreting market dynamics and, as a result, delivering outstanding performance: revenues grew faster than the reference sector and margins improved significantly.
“In an industry where reputation cannot be improvised, we continue to strengthen our leadership in high-margin segments, maintaining a rigorous balance between growth and the quality of our order backlog.
We do not aim to build more boats; we aim to build better boats, with increasingly distinctive technological, design and stylistic content, capable of attracting even the most selective clientele.
“Management’s objective and consistently executed strategy remain clear: profitable growth, industry leadership and long-term value creation for all stakeholders.”
