Identification

Listing sponsor / Agent
UniCredit Bank AG, Milan Branch
Symbol
YACHT
ISIN code
IT0005383291
Code LEI
815600F40754716D2D91
Exchange / Market
Euronext
Trading location
Milan
ICB
40203055 Recreational Vehicles and Boats
Website address
https://www.ferrettigroup.com/

Operation

IPO date
Di. 27/06/2023
IPO price
EUR 3.00
IPO type
Dual listing

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Company profile

Ferretti S.p.A. in one of the world leaders in the design, production and sale of luxury yachts. The group owns a portfolio with seven brands, including some of the oldest in the industry: Riva, Wally, Ferretti Yachts, Pershing, Itama, CRN and Custom Line. At the end of 2023, net sales break down by production type as follows:
  • sale of Composite yachts (44.3%): boats between 8 and 30 meters;
  • sale of Made-to-measure yachts (39.6%): boats between 30 and 45 meters;
  • sale of Super yachts (10.6%): boats up to 95 meters;
  • other (5.5%): including ancillary activities, sale of FSD boats, Wally sailboats and pre-owned boats.
At the end of 2022, Ferretti S.p.A. has 7 shipyards located in Italy (Forlì, Ancona, Cattolica, Sarnico, La Spezia, Ravenna and Mondolfo).

Source: Cofisem - Last Update: 20 Mar 2025
Key Executives
Chief Executive Officer Alberto Galassi
Chief Financial Officer Marco Zammarchi
Chief Human Resources Officer Andrea Brasini
Chief Operating Officer Matteo Cecada
Head of Investor Relations Margherita Sacerdoti
Chief Communication Officer Enrico Sgarbi
Source: Cofisem - Last Update: 20 Mar 2025
Key figures
Millenium 2024 2023 2022 2021 2020
Net sales 1.240.346 1.134.484 1.030.099 898.421 611.355
Income from ordinary activities 1.240.346 1.134.484 1.030.099 898.421 611.355
Operating income 123.441 99.490 62.105 47.873 10.909
Cost of financial indebtedness net -6.772 2.124 5.716 6.764
Equity-accounted companies contribution to income 0 -44 -24
Net profit from discontinued activities
Net income 88.160 83.503 60.545 37.383 21.982
Net income (Group share) 87.918 83.048 60.274 37.545 22.006
Fiscal year end 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards IFRS IFRS IFRS IFRS IFRS
Source: Cofisem - Last Update: 20 Mar 2025
Shareholder information
Free float 42,61 %
Shandong Sasac 37,54 %
Valea Foundation 10,01 %
Danilo Iervolino 5,28 %
Piero Ferrari 4,56 %
Source: Cofisem - Last Update: 20 Mar 2025