)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Sanlorenzo (SL) investor relations material
Sanlorenzo Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary10 Nov, 2025
Executive summary
Net revenues from new yachts rose 3.2% year-on-year to €690.1 million, driven by strong performance in the Superyacht and Nautor Swan divisions, with robust growth in Europe and the Americas.
EBITDA increased 3.6% to €128.0 million (18.5% margin), while group net profit grew 4.1% to €75.9 million (11.0% margin).
Order intake surged 18.4% to €690 million, with a backlog of €1.7 billion, 90% sold to final clients, ensuring strong revenue visibility into 2026 and beyond.
Strategic focus on innovation, new model launches, and expansion in the Americas, supported by successful integration of Nautor Swan and new headquarters in Fort Lauderdale.
Sustainability initiatives include hybrid propulsion, bio-based materials, and fuel cell technology, reinforcing leadership in luxury yachting.
Financial highlights
Net revenues from new yachts: €690.1 million (+3.2% YoY); EBITDA: €128.0 million (+3.6% YoY, 18.5% margin); EBIT: €97.6 million (14.1% margin); group net profit: €75.9 million (+4.1% YoY, 11.0% margin).
Net financial position at €14.0 million net debt as of 30 September 2025, after €34.8 million in dividends and increased working capital.
Net working capital at €115.4 million, reflecting inventory build-up and direct distribution expansion.
Organic investments totaled €30.3 million (4.4% of net revenues new yachts), mainly for R&D and production capacity.
Order backlog at €1.7 billion, with high coverage for future revenues and strong delivery pipeline through 2029.
Outlook and guidance
2025 guidance confirmed: net revenues from new yachts ~€960 million (+3%), EBITDA ~€180 million, EBIT ~€140 million, group net profit €103–107 million.
CapEx expected in the €48–50 million range (5.1% of net revenues new yachts), with organic investments flat year-over-year.
Backlog covers over 90% of full-year 2025 guidance as of September 2025, providing high visibility for 2026 and beyond.
Americas and Europe expected to drive growth; APAC consolidating after strong prior years.
Ongoing focus on sustainable innovation and new product launches, including hybrid and hydrogen propulsion.
Americas market demand drivers
Nautor Swan's margin impact and outlook
Drivers of net debt increase in 9M 2025
Americas market dynamics and tariff mitigation
Product mix shift impact on profitability
Long-term strategic investments and rationale
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Sanlorenzo earnings date
Q4 20256 Feb, 2026
Next Sanlorenzo earnings date
Q4 20256 Feb, 2026
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
Sanlorenzo S.p.A. is a distinguished Italian shipbuilding company specializing in the production of luxury yachts and superyachts. The company focuses on crafting a limited number of made-to-measure vessels each year, ranging from 24 to 70 meters in length. Sanlorenzo has been a prominent name in the yachting industry for over 60 years, known for its commitment to quality, customization, and design. The company is headquartered in Ameglia, Italy, and its shares are listed on the stock exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage