May 19 (Reuters) - Ferretti SpA YACHT.MI:
Q1 NET NEW REVENUE AT €302.1 MILLION
Q1 ADJUSTED EBITDA AT €48.7 MILLION
Q1 NET PROFIT EUR 21.0 MILLION
NET BACKLOG AT MARCH-END AT EUR 722.3 MILLION
SEES NET NEW REVENUE IN RANGE OF EUR 1,250-1,265 MILLION
Q1 ORDER INTAKE AT €179.6 MILLION
SEES ADJUSTED EBITDA MARGIN BETWEEN 16.2% AND 16.6%
SEES CAPEX IN RANGE OF EUR 70-75 MILLION
SITUATION IN MIDDLE EAST CAUSING DELAYS IN ORDER INTAKE FROM REGION AS WELL AS IN DELIVERY OF BOATS SCHEDULED FOR THAT MARKET
ORDER INTAKE AMOUNTED TO EUR 179.6 MILLION, DOWN 33.6% Y/Y
Further company coverage: YACHT.MI
(Gdansk Newsroom)
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