Ferretti Group tops the Global Nautical Industry

With 91 projects (+ 4,6% vs 2018) and 2,952 metres of yachts over 24 meters (+6,9% vs 2018),  Ferretti Group confirms its second place in the world’s top nautical market,  according to the Global Order Book 2019.

Forlì, December 13th, 2018 – With a production value of over 650 million euros and the best returns among the leaders of the sector, Ferretti Group is about to close an extraordinary 2018 that cements its spot at the top of the nautical industry.

This achievement is also established by the Global Order Book 2019, the reference ranking of the 20 largest manufacturers of yachts measuring over 24 meters, published by Boat International UK magazine.

91 projects completed (up 4.6% on the previous year) and 2,952 meters of yachts over 24 meters under construction (up 6.9%) are the numbers that ratify the strength of its growth strategy. Through constant investments in research and development, new models, and production capacity, the Group has done a complete renewal of its product range in recent years.

Seven brands, six shipyards, and over 170 years of history: Ferretti Group is indeed the only player in the nautical market able to offer a complete range of boats, in terms of design and size, producing yachts of all sizes, from 8 to 95 meters, aimed at meeting the needs of every shipowner all over the world.

“Italian nautical industry is doing well and Ferretti Group is doing great. The Global Order Book 2019 is a pleasant and gratifying reading: Italy once again stands out in the ranking for the production of yachts over 24 metres, and our Group grows at surprising and unstoppable speed. Excellence and innovation, supported by industrial and financial solidity, have driven the extraordinary results of 2018 in terms of profits and revenues” declared Alberto Galassi, CEO of Ferretti Group. “I would like to thank our shareholders, Weichai Group and the Ferrari family, who support the growth of our brands through the continuous reinvestment of profits, and our 1,500 employees, for their passion and commitment in building the most beautiful boats in the world”.

Ferretti Group

Ferretti a world leader in the design, construction and sale of motor yachts and pleasure vessels, with a unique portfolio of prestigious and exclusive brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN and Custom Line.

Led by Chairman Tan Xuguang and Chief Executive Officer Alberto Galassi, the Ferretti Group can boast modern shipyards located across Italy, which combine the efficiency of industrial production with typical world-class Italian craftsmanship – the heritage of Italy’s centuries-old yachting tradition.

Established in 1968, the Group is also present in the USA – through its subsidiary Ferretti Group America, which manages a network of points of sales and dealers specializing in the marketing and sale of the Group’s brands throughout the North American market – and in Asia, through its subsidiary Ferretti Group Asia Pacific Ltd., based in Hong Kong, as well as several representative offices and sales centers in Shanghai, Qingdao and other locations in China.

Moreover, a network of approximately 60 carefully selected dealers guarantees the Group’s presence in over 80 countries, thereby ensuring clients receive the very best assistance in marinas all over the world. The Ferretti Group has always been a leader in the pleasure boating industry, thanks to steady product and process innovation and the constant search for cutting-edge technological solutions.

The wide range of available boats – flybridge, runabout, open, coupé, lobster boats, maxi and mega-yachts – is conceived by the Group’s Product Strategy Committee, the Marketing department and the Engineering department, all fully committed to developing aesthetic and functionally innovative solutions, working in close cooperation with internationally renowned consulting boat designers.

For this reason, all Ferretti Group motor yachts have always distinguished themselves for outstanding quality, great safety and excellent performance at sea, as well as for their exclusive design and timeless charm, which make them stand out in the boating sector worldwide.

For further information: www.ferrettigroup.com 

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