THE ITALIAN SEA GROUP
Identification
Instrument name
THE ITALIAN SEA G
Symbol
TISG
ISIN code
IT0005439085
Code LEI
8156007833AB49068789
Exchange / Market
Euronext
Trading location
Milan
ICB
40203055 Recreational Vehicles and Boats
Operation
IPO date
Tue 08/06/2021
IPO price
EUR 4.90
IPO type
Private placement
Capital raised
EUR 97.02 million
Company profile
The Italian Sea Group S.p.A., a global operator in the luxury yachting industry, is specialized in the construction and refit of motoryachts and sailing yachts up to 140 metres, and it's the first builder in Italy for yachts over 50 metres. Net sales break down by activity as follows:
- construction and sale of yachts (88.3%): under the Admiral, Tecnomar, Perini Navi and Picchiotti brands;
- repair, renovation and refurbishment services for yachts over 60 metres (11.7%; NCA Refit).
Source:
Cofisem
-
Last Update:
18 Mar 2025
Key Executives
| Chief Executive Officer | Giovanni Costantino | ||||
| Chief Financial Officer | Marco Carniani | ||||
| Head of Investor Relations | Enrico Filippi | ||||
| Source: Cofisem - Last Update: 18 Mar 2025 | |||||
Key figures
| Millenium | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Net sales | 404.436 | 360.258 | 291.510 | 186.054 | 117.214 |
| Income from ordinary activities | 404.436 | 367.599 | 295.128 | 185.556 | 117.214 |
| Operating income | 57.706 | 50.769 | 33.232 | 21.721 | 9.773 |
| Cost of financial indebtedness net | 6.445 | 4.264 | 3.087 | 1.991 | |
| Equity-accounted companies contribution to income | |||||
| Net profit from discontinued activities | |||||
| Net income | 33.894 | 36.911 | 24.046 | 16.322 | 6.235 |
| Net income (Group share) | 33.894 | 36.911 | 24.046 | 16.322 | 6.235 |
| 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: 18 Mar 2025 | |||||