Italy yacht maker Sanlorenzo's Q1 order intake jumps 25%

Sanlorenzo SpA

08/05/2026 12:28

Overview

Italy yacht maker's Q1 2026 net income rose 5.1% yr/yr

Q1 2026 EBITDA grew 4% yr/yr

Order intake in Q1 2026 jumped 25.4% yr/yr, marking seventh consecutive quarter of growth

Outlook

Sanlorenzo sees 2026 net revenues new yachts at €980–1,020 mln

Company expects 2026 EBITDA at €180–192 mln

Result Drivers

ORDER INTAKE - Q1 2026 order intake rose 25.4% yr/yr, marking seventh consecutive quarter of growth

DIVISIONAL PERFORMANCE - Superyacht and Nautor Swan divisions supported net revenue growth, with Americas region also contributing

BACKLOG VISIBILITY - Order backlog remains high, with 90% sold to final clients, providing revenue visibility for future periods

Company press release: ID:nBIA1gcVzd

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
EUR 22.3 mln
Q1 EBITDA
EUR 38.5 mln
Q1 Order Intake
EUR 223 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "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 Sanlorenzo SpA is €45.00, about 32.3% above its May 7 closing price of €34.02

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)