tiprankstipranks
Ferretti S.p.A. Achieves Record Order Backlog and Growth
Company Announcements

Ferretti S.p.A. Achieves Record Order Backlog and Growth

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

Pick the best stocks and maximize your portfolio:

Ferretti S.p.A. reports robust financial performance with an adjusted EBITDA of €138.2 million and a record order backlog of €1.6 billion as of September 30, 2024. The company sees significant growth in the super yacht segment and anticipates further benefits from recent boat show successes. Net revenues increased by 3.8% compared to the previous year, highlighting Ferretti’s solid market positioning.

For further insights into HK:9638 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App