Attilio Radice
Chief Financial Officer
Replay available
Sanlorenzo Spa (OTC: SNLRF) Q2 2026 earnings conference call, held 2026-09-03. Replay captured from the company's public earnings webcast.

Meeting Overview The meeting focused on the financial performance and strategic growth of the San Lorenzo Group, highlighting key metrics for H1 2026, including revenue growth, profitability, and geographical expansion. The discussion also touched upon the introduction of new products and the company's resilience in a challenging global market. Key Discussion Points - Overview of financial performance for H1 2026, including: - Net revenue growth of 3.8% year-on-year. - EBITDA increased by 3.7% year-on-year. - Group net profit grew by 5.4% year-on-year. - Strong performance of the Superyacht Division, with a 12.4% increase in revenue. - Significant growth in the APAC and Americas regions, with year-on-year increases of 35.8% and 35.4%, respectively. - Continued investment in new industrial capacity and product development, totaling €18 million. - Positive order intake trends, with a gross backlog of €1.5 billion. - Introduction of five new boats at the Cannes Boat Show. Decisions Mad...
Chief Financial Officer
Chief Executive Officer
UBS Analyst
Intesa San Paolo Analyst
Analyst
Bank of America Analyst
Speaker 1: And 2026 Speaker 1: highlights. Speaker 1: 1st off shows that San Lorenzo Group continue on the path of expansion Speaker 1: with a sustained growth Speaker 1: in line with our guidance at 2026. Speaker 1: Thanks to the unique business model Speaker 1: moving beyond the worldwide geopolitical Speaker 1: issue and global context. Speaker 1: So we can analyze the figure starting from net revenue yachts Speaker 1: grown 3.8% Speaker 1: year on year Speaker 1: at the Speaker 1: 471.3 Speaker 1: million euro led by the strong performance Speaker 1: of Superyacht Division Speaker 1: and great result Speaker 1: of APAC and Americas region. Speaker 1: EBDA increased 3.7% Speaker 1: year-on-year Speaker 1: at 83.5 Speaker 1: million euro and EBITDA margin Speaker 1: is Speaker 1: 17.7% Speaker 1: after the full consolidation Speaker 1: of NowTools 1. Speaker 1: EBIT at 62.2 Speaker 1: million euro increased 3.9% Speaker 1: year-on-year, Speaker 1: consistent with the previous year. Speaker 1: And the Group Net Profit grew up 5.4% Speaker 1: year-on-year, Speaker 1: with a total amount of 49.1 Speaker 1: million euro, with a double digit margin of 10.4% Speaker 1: on net revenue in New York. Speaker 1: Then the organic investment Speaker 1: at 18 million euro, especially Speaker 1: related to new industrial capacity Speaker 1: and product development. Speaker 1: With an incidence on net revenue yachts at 3.8%. Speaker 1: And then the net financial position at 49.4 Speaker 1: million euro net cash, Speaker 1: end of June 2026. Speaker 1: With a cash generation Speaker 1: of 26.5 Speaker 1: million euro last March Speaker 1: after dividends paid for Speaker 1: 37 Speaker 1: million euro Speaker 1: and taking advantage Speaker 1: of the delivery season provided in Q2 S...