Ferretti (YACHT) Company presentation summary

Business profile and market position

• Seven complementary luxury brands span composite, made-to-measure and superyachts up to 95 m; centralized R&D, procurement and manufacturing support brand-level design, marketing and sales.

• FY25 revenue was €1.2bn, up 5.0% YoY; adjusted EBITDA margin was 16.5%, and order backlog was €1.7bn as of 31 Dec 2025.

• 16.8% global market share; ranked first in large composite at 27.1% and made-to-measure at 22.8%, excluding superyachts.

• 2025 market VOP declined 3.1% YoY, while FY25 revenue grew 5.0%; the presentation cited improved competitive positioning.

Customers and commercial model

• Sales network comprises 55 dealers active in 71 countries and 279 brokers, alongside a direct salesforce; dealers handle yachts below 100 ft and brokers/direct sales cover larger vessels.

• Repetitive clients accounted for 47% of customers in 2025; cross-brand purchasing represented 49% of repetitive clients, versus 44% in 2024.

• Pre-owned trade-ins are accepted only with a new-yacht deal, with a €50-60m annual cap and stock limited to 5% of revenue; dealers, brokers or clients manage ~90% of trade-ins.

• Customer offerings extend to after-sales, refit, maintenance, chartering, brokerage, events and lifestyle activities.

Product development and sustainability

• ~€215m invested in R&D between 2020 and 2025; portfolio expanded from 42 models in 2021 to 71 as of Feb 2026, with 32 models sharing engineering platforms.

• Strategy prioritizes new product ranges and growth in higher-profit segments above 80 ft, including composite and made-to-measure yachts.

• Sustainability portfolio includes electric and hybrid propulsion, photovoltaic systems, wind-powered models and a CRN fuel-cell superyacht concept using hydrogen from green methanol.

• All energy purchased for shipyards was from renewable sources; Scope 3 represented 99.4% of reported GHG emissions.