)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Bellini Nautica
Bellini Nautica (BELL) investor relations material
Bellini Nautica H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary30 Sep, 2026
Executive summary
H1 2026 sales nearly doubled YoY to €23.693m; consolidated net income rose to €545k from €118k, driven primarily by own-brand yacht production.
ASTOR 36 reached full production capacity; development advanced across ASTOR 38, ASTOR 68 and the steel-hulled Eternal range.
Financial highlights
Production value was €23.741m versus €12.683m YoY; sales were €23.693m versus €12.130m.
EBITDA was €2.012m versus €1.374m; EBIT €998k versus €325k; pretax income €863k versus €205k.
Net income was €545k, including €384k attributable to the parent and €161k to minority interests; prior-year net income was €118k.
Adjusted EBITDA was €2.406m, excluding €394k of exceptional penalties and revenue adjustments arising from customer agreements.
Outlook and guidance
Management expects 2026 to deliver significant acceleration in revenue and operating margin; priorities include fixed-cost leverage, service contribution and production efficiency.
Net backlog was indicated at ~€18m, excluding recurring service activity, providing revenue visibility for coming months.
ASTOR 38 commercialization began in September 2026; ASTOR 68 was unveiled at Cannes in September, with further Eternal development and dedicated financing under evaluation.
Second-half deliveries of boats sold in H1 are expected to recognize the associated revenue and collect remaining balances.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Bellini Nautica
- Revenue grew 26%, but adjusted EBITDA fell as Vintage Riva investment lifted net debt.BELL
H1 2023 - Lower boat sales and working-capital needs cut FY23 EBITDA to €775k.BELLH2 2023
- Revenue more than doubled, net debt fell, and own-brand yacht production launched.BELLH1 2024
- Sales surged 79.9%, but FY24 ended in a net loss as debt rose and yacht production ramped.BELLH2 2024
- Revenue and EBITDA advanced, while working-capital needs and higher debt pressured H1 earnings.BELLH1 2025
- Revenue and EBITDA grew; €23.7m backlog supports expected FY26 acceleration.BELLH2 2025
- FY27E sales target reaches €49.7–60.7m, with over 100 boats planned through 2027.BELLCompany presentation
- Up to €6M proposed to scale Bellini Yacht’s ASTOR range and production platform.BELLCompany presentation
Next Bellini Nautica earnings date
H2 202614 Apr, 2027
Bellini Nautica
Next Bellini Nautica earnings date
H2 202614 Apr, 2027
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Explore our global coverage