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Novamarine S.P.A. ( (IT:NOVA) ) just unveiled an announcement.
Novamarine reported a continued strong commercial performance for 2025, with preliminary revenues from boat sales rising 23% year on year to €32.1 million, driven by an increase in units sold to 38 boats from 30 in 2024. The order book for 2026 stands at €19.1 million, broadly in line with historical trends after excluding a previously fulfilled contract with the Italian Ministry of the Interior, indicating sustained demand and customer confidence despite a challenging market. Management highlighted that recent stock market performance reflects investor approval of the group’s strategy, while a new commercial partnership with PrivatSea is expected to bolster the brand’s presence in the attractive Greek pleasure‑boating market. The company also noted that the current order book does not yet include any boats from the upcoming Tornado line, scheduled to be launched and showcased before the summer season to maximise visibility ahead of the main sales phase in 2026, suggesting additional upside potential for next year’s volumes.
The most recent analyst rating on (IT:NOVA) stock is a Buy with a EUR6.00 price target. To see the full list of analyst forecasts on Novamarine S.P.A. stock, see the IT:NOVA Stock Forecast page.
More about Novamarine S.P.A.
Novamarine S.p.A., founded in 2008 and listed on Euronext Growth Milan since August 2024, designs, produces and markets high‑performance pleasure and professional boats under the historic Novamarine brand from its base in Olbia, Sardinia. The company focuses on luxury pleasure boats up to 30 metres across its BS, RH and HD lines, and also supplies high‑performance craft for patrol and rescue operations, positioning itself among the leaders in the Italian and international boating industry.
Average Trading Volume: 2,411
Technical Sentiment Signal: Buy
Current Market Cap: €103.7M
See more insights into NOVA stock on TipRanks’ Stock Analysis page.