Ferretti Group ends the first quarter of 2021 reporting strong economic and industrial growth.
Compared to the same period in 2020, first quarter revenue increased 40%, from € 133 million to € 186 million.
With new orders more than 300 million euros, it is a value that represents 56% of the total orders received in 2020.
Ferretti Group reported a record number of 56 yachts and superyachts launched in three months against 43 in 2020.
The Group’s brands contributed to this record with iconic models in the world such as the Riva 50 METRI Fifty, the new Ferretti Yachts 1000 and the Navetta 30 Custom Line.
It also saw the sale of the fully customized Wally sailing superyacht, the first unit since the brand became part of the Ferretti Group.
“The record first quarter EBITDA and equally extraordinary new order growth, including an extremely significant order for a large sailing yacht Wally, tell the story of a Ferretti Group with the wind in its sails and it all points to a very positive 2021” said Alberto Galassi, CEO of Ferretti Group.
The Ferretti Group, led by CEO Alberto Galassi, is now one of the world leaders in the construction and sale of luxury yachts and pleasure boats with a unique portfolio of brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft , CRN., Custom Line and Wally.