Ferretti SpA approves the unaudited consolidated periodic financial information as of 31 March 2026.
19 de maio de 2026
Margins continue to improve thanks to consolidation in the most profitable segments and solid operational efficiency.
- Net revenue new yachts amounted to €302.1 million, down 8.0% compared to Q1’25;
- Adjusted EBITDA margin of 16.1%, up 10 basis points compared to 16.0% in Q1’25 and adj. EBITDA equal to €48.7 million, representing a decrease of 7.2% versus Q1’25;
- Net profit equal to €21.0 million, compared to €23.9 million in Q1’25;
- Order intake reached €179.6 million in Q1’26, down compared with Q1’25 that was equal to €270.6 million;
- Net backlog reached €722.3 million, down compared to €828.6 million as of 31 December’25;
- Net financial position of €18.4 million as of 31 March 2026;
- Communication of 2026 guidance: net revenue new yachts expected in the range of €1,250 - €1,265 million, with an adjusted EBITDA margin between 16.2% and 16.6% and capex in the range of €70.0 - €75.0 million.
The Board of Directors also approved:
- The appointment of the director in charge of the Internal Control and Risk Management Systems;
- The appointment of the Lead Independent Director.
Forlì, 19 May 2026 - The Board of Directors of Ferretti S.p.A. (“Ferretti”) reviewed and approved the unaudited consolidated periodic financial information as of 31 March 2026.
The Group’s Chief Executive Officer, Stassi Anastassov, stated: “The First Quarter reflected a softer commercial environment and slower order conversion than we would have liked, particularly on order intake. We approach this with realism, discipline and operational focus. Confidence should never be confused with complacency.
At the same time, the underlying fundamentals of the business remain solid. Our brands remain exceptionally well positioned, margins resilient, and the quality and visibility embedded within our backlog continue to provide an important operational foundation moving forward.
More than €400 million of net backlog is already expected to convert into 2026 revenues, providing meaningful visibility as we progress through the year.
In the current environment, our focus is not on short-term reactions, but on disciplined execution, operational excellence and long-term value creation.
We remain confident in the long-term strength, positioning and potential of the Ferretti Group ecosystem.”
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