Ferretti S.p.A. ( (IT:YACHT) ) has provided an update.
Ferretti S.p.A. reported a strong financial performance for the year ended December 31, 2024, with a net revenue increase of 9.3% to approximately €1,240.3 million and a profit rise of 5.6% to approximately €88.2 million compared to the previous year. The company’s adjusted EBITDA also saw a significant growth of 12.3%, reaching approximately €190.0 million. The Board has proposed a final dividend payout of €0.10 per share, reflecting the company’s solid financial health and commitment to delivering value to its shareholders.
More about Ferretti S.p.A.
Ferretti S.p.A. is an Italian joint-stock company operating in the luxury yacht industry. The company is known for its high-end yachts and marine vessels, catering to a global market with a focus on innovation and quality craftsmanship.
YTD Price Performance: 1.99%
Average Trading Volume: 34,745
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$7.83B
For detailed information about YACHT stock, go to TipRanks’ Stock Analysis page.