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.

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