Italian builder claims current production value of over 650 million euros

Ferretti Group completed 91 projects in 2018, up 4.6% on the previous year, and says 2,952 meters of yachts over 24 meters are under construction (up 6.9%), confirming its says its second place in the Global Order Book 2019, published by Boat International UK magazine. It claims a current production value of over 650 million euros.

“The Italian nautical industry is doing well and Ferretti Group is doing great. The Global Order Book 2019 is pleasant and gratifying reading: Italy once again stands out in the ranking for the production of yachts over 24 metres, and our Group is growing 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 builds yachts from 8m-95m across seven brands in six shipyards.