Italy's Ferretti preliminary FY revenue rises

Ferretti SpA

24/02/2026 11:20

Overview

Italy yacht maker's preliminary net revenue grew 5% yr/yr, "outperforming market expectations", says co

Adjusted EBITDA rose 6.7% yr/yr, with a margin of 16.5%

Order backlog increased 14.5% compared to September 2025

Outlook

Company aims to strengthen leadership in high-margin segments

Ferretti focuses on building better boats with distinctive design

Company emphasizes long-term value creation for stakeholders

Result Drivers

MADE-TO-MEASURE GROWTH - Made-to-measure yachts saw a significant order intake increase of 46.7% yr/yr, supporting overall revenue growth

ORDER BACKLOG INCREASE - Order backlog rose 14.5% compared to September 2025, indicating strong future demand

GEOGRAPHIC EXPANSION - AMAS and APAC regions showed strong growth, contributing to overall performance

Company press release: ID:nBIAb6HKnd

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Orders
EUR 1.14 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the recreational products peer group is "buy"

Wall Street's median 12-month price target for Ferretti SpA is €4.23, about 9.4% above its February 23 closing price of €3.86

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 10 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)