2023 set to be another strong year for Ferretti Group

2023 set to be another strong year for Ferretti Group

2023 set to be another strong year for Ferretti Group

Superyacht

21/01/2023 - 15:36

Ferretti Group kicked off 2023 at Boot Düsseldorf, a key industry event and the first boat show of the year, where the Group opened the presentation of its fleet with the premiere of Ferretti Yachts 580, the luxurious and ultramodern new flybridge. The press conference, held on Saturday January 21 in the splendid setting of the German show and addressing both journalists and the trade, centred on our keenly awaited new models and also included a heads up on business strategies and project decisions.

2022 was decisive in terms of new models and extending the range, with 54 models (of which 4 sailing boats) against 42 in 2021. The new yachts from the Pershing, Wally, Riva, Custom Line, CRN, Itama and Ferretti Yachts brands are the fruit of a robust investment plan amounting to 68 million euros in the first nine months of 2022 alone. Investments in recent years have served to boost production capacity and the Group can now boast around 290,000 square metres at its various sites, up 14.5% on 2021, showing a strong positive trend also reflected in the financial results for Q3 2022, with revenues at €781.1m and an order backlog close on €1.4bn.

“This is just the beginning, as I tell all the many people who compliment us on our boats and results, and I’m not just talking about the start of 2023 of course. We’ve been determined in recent years to focus on the long term and fuel Ferretti Group’s growth with all the right ingredients: investments in innovation and sustainability, sustained recruitment of high-flying young talents, and initiatives to build on our brands, which are unique in their appeal, history and prestige,” commented Ferretti Group CEO Alberto Galassi. “This, in addition to the extremely positive signals we keep getting from the market, is why I’m expecting an exciting 2023, in terms of both orders and all the beauty and wonder that our boats will be bringing to the international yachting scene.”

The conference also discussed new models and projects from the Group’s brands, ranging from Wally and its new wallypower58X project, a powerful sterndrive in the wallypower range, to progress reports on the wallywhy150, which will make its world debut at the Venice Boat Show 2023 and on which the engine has already been installed and the hull-to-deck joint completed, as well as on the wallywhy100, a model that combines all the characteristics of a 60 to 70-foot coupé and benefits from the extra volume offered by Wally. Construction is also proceeding at a brisk pace on the wally101 full custom, the latest generation performance cruiser built from carbon fiber sandwich laminate that will be launched in the spring. The main developments at Pershing include the new GTX 116 and the GTX80 project, which is to accompany the flagship from 2024 on. Another revelation was the official name of the latest sensational project from Riva, the Riva 82’ Diva. Custom Line presented its Navetta 38, the first navetta to have a deck level with the water, while Ferretti Yachts gave a world preview of its Ferretti Yachts 580, a happy symbiosis of luxury and design, as well as presenting the first model in the new InFYnito range, Ferretti Yachts InFYnito 90. The InFYnito range is characterized by materials and an approach to cruising that respect the environment and sustainability, as well as by personalized and custom detailing and a direct link with the sea and the sky.

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