Ferretti S.p.A. (HK:9638) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.