The mood at Genoa in September said it all. The Italian market was back with a bang. Since 2015 domestic builders have had to make the most of rising export markets as they clawed their way back into the profit, but as the favourable economic tide lifts Italy off the rocks, domestic sales have also started to gather decent momentum. The only question is, how much growth is the Italian market in general experiencing, and how long it will foreseeably last?
Italy’s Ferretti Group presented its 2018 financial results in Milan today, confirming its growth and financial solidity. Total profit after tax was up 29% to €31m compared to the previous year. The consolidated production value rose to €669m, growing by 7.5% compared to €623m in 2017. EBITDA stands at €53m ...
Italian pumps and blowers specialist closes deals with several Turkish yards
A new promotional campaign covering the Italian region of Campania and initially including three marinas has been established. Called ‘Campania Yachting’, the new project recently got underway with the signing of a deed of establishment of the Promoting Committee by Marina d’Arechi, Marina di Capri and Marina di Acciaroli.
Boat registrations up to 52ft make significant gains
A new study reveals that boating tourism contributed over £6 billion to the UK economy in 2018
PWCs and larger outboards the big winners
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