Ferretti CFO says group has €680 million in orders under negotiation
27/10/2026 11:35
Ferretti CFO says group has €680 million in orders under negotiation Oct 27 (Reuters) - Italian Yacht maker Ferretti YACHT.MI has €680 million ($758.81 million) in orders under negotiations, mostly related to made-to-measure and super yachts, the group's CFO Marco Zammarchi said during an earnings call presenting third quarter results on Tuesday.
Zammarchi added that Ferretti may require additional investments to support future growth, especially in the super yacht division where the group recorded zero sales over the first nine months of the year.
Ferretti's CEO Stassi Anastassov said it is in negotiation to expand its Ancona super yacht shipyard, with technical costs estimated at a few million euros.
($1 = 0.8961 euros)
(Reporting by Fabrizio La Rocca, editing by Gavin Jones)
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