Ferretti posts strong yacht order growth and stable margins through Q3 2025
Image courtesy of Ferretti
Ferretti has announced its financial results for the period ending 30 September 2025, reporting continued growth in orders and stable profitability across its yacht manufacturing operations.
Net revenue from new yachts reached €887.2m, a 2.5 per cent increase compared to the first nine months of 2024. Adjusted EBITA rose by the same percentage to €141.7m, maintaining a margin of 16 per cent, consistent with last year’s performance, while net profit equaled €61m.
The Group reported a sharp rise in order intake, with total orders reaching €770.9m, up 4.6 per cent year-on-year. The third quarter showed momentum with a 36 per cent increase in total order intake and a 185 per cent rise in the Made to Measure segment compared with Q3 2024.
Ferretti’s order backlog also posted double-digit growth, up 12.9 per cent as of 30 September 2025 versus the same date in 2024, and 3.6 per cent higher than at 30 June 2025. The net backlog stood at €794.7m, an increase of 4.5 per cent from the previous quarter.
The firm closed the period with a net cash position of €65.2m, a decrease of €36.4m from 30 June 2025, reflecting the typical seasonal impact of third-quarter working capital absorption.
Alberto Galassi, the Group’s CEO, comments: “We are very pleased with the results achieved during this period, which confirm a particularly strong order intake. The improved macroeconomic and geopolitical environment has created more favourable conditions, enabling us to seize opportunities more effectively.
“The Mediterranean boat show season has been a success, thanks to our positioning, product portfolio, and the uniqueness of our brands, compared to the rest of the industry. The current level of ongoing negotiations is also exceptionally high, reflecting steadily growing demand. Overall, the market recovery gives us confidence for the final part of the year and for the upcoming American season, which promises to be full of potential”.
Ferretti’s Board of Directors adds: “We congratulate the CEO and the management team for the good financial results, despite the uncertain and challenging macroeconomic environment. We are confident that the Company will continue to create value for the stakeholders in the future”.
