Global Order Book 2025: TISG, first yacht builder above 50m in Italy
The Global Order Book 2025 reaffirms The Italian Sea Group as the first Italian producer of yachts over 50 metres in total production length. Boat International has just compiled and published the global rankings. As leading global yachting magazine it annually analyses and the order portfolios of 177 active shipyards across five continents, ranking the world’s top yacht builders for vessels exceeding 24 metres in length.
Excluding the production of the Tecnomar for Lamborghini 63, TISG, with 22 active projects for a total length of 1,356 meters, has claimed second place worldwide in the superyacht and megayacht segment and fourth in the overall global ranking, improving by one position from last year and four positions since 2023, underscoring its consistent growth trajectory. “I am extremely proud of this result, which came after a year full of great successes and sacrifices,” commented Giovanni Costantino, Founder & CEO of The Italian Sea Group. “We took second place, just 169 meters away from the top step of the podium. I thank and share this success with the entire incredible team of The Italian Sea Group.”
The results highlighted by the Global Order Book confirm the Group’s strong positioning, supported by positive growth trends and solid financial results. In the first nine months of the year, TISG recorded an 11.4% increase in revenue, a 16% rise in EBITDA, and an order portfolio valued at approximately €1.3 billion, with scheduled deliveries extending to 2027 and a steady production pace.
The company’s business development and the high visibility of its backlog have also enabled it to confirm the 2024 Guidance and the 2025 Strategic Outlook previously communicated to the market.
Similarly, the results of NCA Refit, which recorded a 5.8% increase in revenue in the first nine months of the year, affirm its position as one of the most significant players in this specialised business segment on a global scale.
