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ISSUE 120 LOGBOOK JANUARY 2020
deck dining area and the upper deck inside salon Two interior shots of the Riva 50 Metri Race: the main Europe, Middle East, and Africa North, Central, and South America Asia Pacific Countries
EMEA — 84
APAC — 104
AMAS — 99
Ferretti Group
Ferretti Group
Ferretti Group
Cannes, France In the first six months of 2019, the of a fleet of twenty-six models and
Yes, value of production reached € 358 the quiet strength of an increasingly
We Cannes! million, up 6.5% compared to the solid financial situation,” said Alberto
first six months of 2018 when it was
Galassi, CEO of Ferretti Group. “At
€ 336 million; in June 2019, the order
6 world premières for which we
backlog had reached a value of € 653 Cannes we are fielding our superstars:
Ferretti Group took an impressive fleet of twenty-six models to the forty- million, up 19.0% compared to the have already received significant
second edition of the Cannes Yachting Festival, including six premieres figure in June 2018. orders. The Ferretti Yachts 720, the
for the Ferretti Yachts, Riva, Pershing, Custom Line, and Wally brands The press conference was also an 48 Wallytender, and the Dolceriva,
opportunity to present the new as well as the Riva 90’ Argo, the
The French Riviera air is beneficial for unveiled in Cannes. financial structure of the company Pershing 8X, and Custom Line 106’
the Ferretti Group, too, which landed at An eagerly awaited event by reaffirming its continuing support, the are the jewels of Ferretti Group, a
the Cannes Yachting Festival in great journalists and sector operators, majority shareholder, Weichai Group, fit and very determined team, to
form with a fleet of twenty-six splendid the Festival, now in its forty-second converted a shareholder loan of around continue with the sports analogy,
boats, including six new models for edition, once again opened, as is € 212 million through an equivalent which will sweep the board this year.”
All the design choices are a perfect blend of practicality the Ferretti Yachts, Riva, Pershing, traditional, with the Group's annual capital increase; at the same time,
Custom Line, and Wally brands.
Piero Ferrari and Adtech Advanced
press conference. Alberto Galassi,
and aesthetics, ensuring the comfort of the onboard Making their world premiere were CEO of Ferretti Group, together with Technologies signed investment
agreements involving the injection of a
Chief Commercial Officer, Stefano
the highly anticipated Ferretti Yachts
720, the 48 Wallytender, and the Riva
total of € 40 million into Ferretti S.p.A.
de Vivo, illustrated the main business
exterior areas and offering an uninterrupted view of the Dolceriva, while the Riva 90’ Argo, results achieved in the first six months through share capital increases. The Cannes Yachting TRADE
festival was the stage
for the introduction of the
“The Cannes Yachting Festival has
of 2019, confirming the positive trend
the latest fantastic Riva flybridge,
new models: Dolceriva,
coast or horizon. the luxury sporting yacht Pershing that has strengthened the Group’s started and we have arrived on top Ferretti Yachts 720, SHOW
leadership on an international level.
form, with the breathtaking beauty
8X, and the Custom Line 106’ were
and 48 Wallytender
80 Riva 50 Metri Race Protagonist Protagonist Logbook 81