Ferretti S.p.A. ( (IT:YACHT) ) has shared an update.
Ferretti S.p.A. has approved its 2024 consolidated financial statements, reporting a 5.6% increase in net revenue from new yachts, reaching €1,173.3 million. The company also announced a proposed ordinary dividend of €0.10 per share, reflecting a 3.1% increase from the previous year. The adjusted EBITDA rose by 12.3% to €190.0 million, with a margin improvement of 100 basis points. Additionally, Ferretti reported a net profit of €88.2 million and an all-time high order backlog of €1.7 billion. These financial results underscore Ferretti’s strong market position and operational efficiency, benefiting stakeholders and enhancing its competitive edge in the luxury yacht industry.
More about Ferretti S.p.A.
Ferretti S.p.A. is an Italian joint-stock company operating in the luxury yacht industry, known for its production of high-end yachts. The company focuses on delivering premium maritime experiences and holds a significant position in the global yacht market.
YTD Price Performance: 1.99%
Average Trading Volume: 34,745
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$7.83B
See more data about YACHT stock on TipRanks’ Stock Analysis page.