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Tag "The Ferretti Group"

The Italian job – building in a boom

The Italian job – building in a boom

“Batti il ferro finché è caldo” is an Italian saying that translates as “strike the iron while it’s hot.” And it’s one that rings true for Italian shipbuilding giants recently reporting strong growth for the first nine months of this year.

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The Ferretti Group reports double-digit revenue growth

The Ferretti Group reports double-digit revenue growth

The Ferretti Group has reported sales of €779.8m in the first nine months of this year, an increase of 16.5% when compared to 2021. Superyachts account for 9.3% of this with sales reaching €72.5m, up from €56.2m. The group also

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Testing positive

Testing positive

Reporting a positive result has a slightly different connotation in a post-pandemic world, but there is only good news coming from publicly listed companies. Unlike private companies – which can bluff their way through tough markets – listed ones have

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Ferretti Group superyachts orderbook grows 26%

Ferretti Group superyachts orderbook grows 26%

Ferretti Group grew its superyacht orderbook by 26% to €370.5m at the end of June from €293m at the end of 2021. Demand for its smaller yachts also rose with the company’s total backlog now at €1.2b, up 30%. “The

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