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Ferretti S.p.A. Expands Operations and Strengthens Partnerships in 2024

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Ferretti S.p.A. Expands Operations and Strengthens Partnerships in 2024

Ferretti S.p.A. ( (IT:YACHT) ) has issued an update.

Ferretti S.p.A. announced significant developments in 2024, including the launch of the INFYNITO 80 yacht and expanding its production capacity by acquiring additional land at the San Vitale Shipyard. The company also formed strategic partnerships, such as with Flexjet and renewed collaborations with design studios, enhancing its market positioning. Additionally, Ferretti is contributing to the education sector by supporting a new Master’s Degree Course in Marine Engineering, aligning with industry needs.

More about Ferretti S.p.A.

Ferretti S.p.A. is an Italian joint-stock company operating in the luxury yacht industry. It focuses on producing made-to-measure, composite, and sail segments under the Ferretti Yachts and Wally brands, with a significant market presence in high-end boat shows worldwide.

YTD Price Performance: 4.42%

Average Trading Volume: 42,616

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$7.95B

For a thorough assessment of YACHT stock, go to TipRanks’ Stock Analysis page.

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