Ferretti Releases Third Quarter Results
October 28, 2026
The Italian builder posted a 13.6% gain in revenue after a “challenging first half,” though it reduced its full-year outlook.
The Italian builder posted a 13.6% gain in revenue after a “challenging first half,” though it reduced its full-year outlook.
The Italian builder posted net revenue from new yachts of $667.4 million, a 5.6% decline year-over-year.
KKCG Maritime seeks to block decisions, backed by Weichai Group, made at the builder’s latest shareholder meeting.
Italy is investigating whether Weichai Group investors breached the country’s golden power rules that protect strategic assets.
Revenues were down 8% from the same quarter a year earlier, and net profit was $24.3 million.
Stassi Anastassov previously was CEO of Duracell and has held senior leadership positions at Procter & Gamble.
Weichai Group was the victor of a shareholder vote; CEO Galassi out and two directors leave the board.
Some big names in yacht building are turning to a recent design trend to increase their products’ utility.
The Ferretti Group held the training symposium Convergence 2017 over four days in March in Ljubljana, Slovenia.
The Ferretti Group brought eight models between 26 and 108 feet to the Dubai International Boat Show.
The Italian builder posted a 13.6% gain in revenue after a “challenging first half,” though it reduced its full-year outlook.
The Italian builder posted net revenue from new yachts of $667.4 million, a 5.6% decline year-over-year.
KKCG Maritime seeks to block decisions, backed by Weichai Group, made at the builder’s latest shareholder meeting.
Italy is investigating whether Weichai Group investors breached the country’s golden power rules that protect strategic assets.
Revenues were down 8% from the same quarter a year earlier, and net profit was $24.3 million.
Stassi Anastassov previously was CEO of Duracell and has held senior leadership positions at Procter & Gamble.
Weichai Group was the victor of a shareholder vote; CEO Galassi out and two directors leave the board.
Some big names in yacht building are turning to a recent design trend to increase their products’ utility.
The Ferretti Group held the training symposium Convergence 2017 over four days in March in Ljubljana, Slovenia.
The Ferretti Group brought eight models between 26 and 108 feet to the Dubai International Boat Show.
