FERRETTI GROUP SETS SAIL FOR GENOA WITH TWO SPLENDID PREMIERES

Genoa, September 18th, 2024 – Ferretti Group got its yachting season off to a glittering start in Monaco and Cannes and now turns its attention to the Genoa International Boat Show, in its 64th year and eagerly awaited by both the public and industry insiders.

The fleet made up of seven outstanding vessels expresses all the uniqueness and innovative drive of the Ferretti Yachts, Riva, Pershing, Custom Line and Wally brands. The two Italian market premieres for visitors to explore are Ferretti Yacht INFYNITO 80 and Pershing GTX80.

Ferretti Yachts INFYNITO 80, the new model in the range created for owners with a boundless love of the sea, sets its sights on the future and on environmental sustainability with the Group’s F.S.E.A. Technology (Ferretti Sustainable Enhanced Architecture) and enhances the living experience thanks to extensive covered outdoor spaces featuring a fluid continuity between interiors and exteriors.

Pershing GTX80 is the ideal model to deliver comfort and fun, with harmoniously interconnected spaces and a 23-square- metre sundeck enhanced by the SeaScape feature on the GTX Series of sporty yachts, which combine elegance, space and the signature Pershing thrill.

Along with the two premiers, visitors to the Genoa International Boat Show will have the chance to admire Ferretti Yachts 720, Custom Line 106’, Riva 56’ Rivale HT, Riva 88’ Folgore and wallywhy100.

“Our amazing boats are born out of major investments, great ideas and style. They are created by people with a gift for imagining and working together, born out of the shared determination to keep improving. These are qualities and talents that Ferretti Group has in abundance, and in fact we will be launching 25 new models by the end of 2026,” said Ferretti Group CEO Alberto Galassi. “We’re taking a fleet of stars to Genoa that will shine a light on the future of yachting. I’m thinking, for example, of Ferretti Yachts INFYNITO 80, which combines innovation and environmental sustainability driven by technological research and a disruptive design philosophy. Buoyed again this year by very positive economic and financial results, we will continue to grow in strength and to create beauty.”

In 2024, Ferretti Group invested in production capacity, culminating in the opening of the La Spezia shipyard after a comprehensive renovation, and the start-up of the first production lines at the new Ravenna site (it will be fully operational by the first half of 2025), increasing production by 30% overall. Against this backdrop, the Group has continued to deliver excellent economic and financial performance, with net revenues new yachts of €611.0 million (+7.7% when compared to H1 2023), adjusted EBITDA at €96.7 million, an increase of 15.9% on the first half of 2023, and net profit of €44.0 million (+7.6% when compared to H1 2023). Order intake of €514.4 million for the first six months of the year signals a new long- term growth trend, while the backlog rose to €1.5 billion, up 6.0% on the June 30, 2023 figure.

As usual, the Group is joined at the event by luxury industry partners offering guests and visitors a packed programme of events. Official automotive partner Range Rover, private aviation leader Flexjet and Seabob, with its amazing water sleds, are joined by Torello, RODA for you, Frette, Venini, Atelier Rebul and Unopiù providing the elegant indoor and outdoor decor.

The numerous Italian partners include Dolce & Gabbana for tailor-made staff uniforms, Lavazza with the brand’s latest selection of coffee blends, and La Scolca offering quality wines and champagnes. Completing the line-up is audio product and home entertainment partner Bang & Olufsen

For more information: Ferretti Group Media Center

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