IBI Plus has posted an updated financial report for luxury yacht builder Azimut-Benetti showing continued revenue growth for Italy’s top shipyard over the past three years.  Consolidated accounts for the financial year ending August 2016, indicate the Group’s turnover grew 1.8% to €694.5m for the year after posting 11.6% growth the previous year with turnover of €682.2m.

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    Azimut Company Intelligence Report

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 With six production facilities in Italy, one in Brazil, Azimut offers some 45 models ranging from 10 to 70 meters under the Altlantis, Azimut, Azimut Grande and Benetti brands, including open/sport and flybridge cruisers, semi-custom and custom superyachts. The international Group also provides a range of yacht services for owners and operates several marinas and repair facilities around the world.

The remainder of IBI Plus’ financial summary for Azimut features the following headline figures from company accounts filed for 2015-2016:

HEADLINE FIGURES:

Operating Revenue (Turnover)              Evolution of Turnover (2007-2016)        
Operating profit (EBIT) EBITDA
Profit/Loss before tax Profit/Loss for period (Net Income)
Total Assets Total Liabilities
Net working capital EBITDA Margin (%)
Profit margin (%) Solvency ratio
Current ratio Employment figures

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