Ferretti Group Reports Strong Financial Growth

Ferretti S.p.A. (HK:9638) has released an update.

Ferretti Group has reported a solid increase in its financial performance for the first half of 2024, with a 7.7% rise in net revenue from new yachts and a 15.9% increase in adjusted EBITDA to €96.7 million. The company’s net profit also grew by 7.6% and it confirms the positive outlook for the remainder of 2024 and beyond. The positive trend is further supported by a strong order backlog and a healthy net financial position, indicating robust growth and stability.

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