Business
YACHT: Record 16% EBITDA margin and resilient net profit, despite lower order intake
YACHT: Record 16% EBITDA margin and resilient net profit, despite lower order intake
About this update from 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.