Ferretti shares climbed 3% on Thursday following the release of preliminary financial results that came in ahead of market forecasts. The Italian yacht maker reported growth across top-line and operating metrics and highlighted a larger order book compared with last year.
Financial performance
The company said net revenue rose 5% year-on-year, a figure that surpassed analyst expectations. Adjusted EBITDA expanded by 6.7% on a year-on-year basis, with the adjusted-EBITDA margin reaching 16.5%.
Backlog and demand signal
Ferretti reported a 14.5% increase in its order backlog relative to September 2025, a development the company presented as evidence of ongoing demand for its luxury vessels.
Strategic priorities
Management said it aims to bolster its leadership in high-margin segments, placing emphasis on constructing boats marked by distinctive design. The company also emphasized a commitment to creating long-term value for stakeholders.
Market reaction and context
Investor response to the preliminary results was positive in the short term, with shares rising 3% on the day of the announcement. The financials cited by the company indicate modest year-on-year improvements in revenue and profitability metrics, alongside a notable increase in confirmed orders.
Summary and takeaway
Ferretti’s preliminary figures point to steady top-line growth, an expansion in adjusted EBITDA and an improved margin, plus a material rise in the order backlog compared with the September 2025 reference point. Management reiterates a focus on higher-margin product segments and design differentiation as part of an effort to generate long-term stakeholder value.
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