Ferretti S.p.a.MIL: YACHT

YACHT: Record 16% EBITDA margin and resilient net profit, despite lower order intake

· Issued by Ferretti S.p.a.

Record profitability achieved with a 16% adjusted EBITDA margin and net profit of €62.2 million. Order intake declined 15.8% year-over-year, but super yachts showed strong growth. Guidance for 2024 remains positive, with continued investment in expansion and innovation.

Original document:

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.