Published: Friday, 06 January 2017

Ferretti Group has produced a record of 148 yachts in 2016, with 71 yachts over 24 metres, which is up by 25% compared to 117 yachts built in 2015. The expected turnover for the current year will be close to 500 million euros. The group of seven brands was listed as one of the 20 world leading shipbuilders in Global Order Book 2017.

Ferretti Reports 25 Increase In Number Of Yachts Built In 2016

(Photo: Ferretti Group)

The group has also launched 24 new models over three years, with an investment by the shareholders, the Weichai Group and the Ferrari family, of over 50 million euros on product research and development. 

In the Global Order Book 2017, the group was ranked first for number of projects sold or under construction, with as many as 71 under the brands Ferretti Yachts, Pershing, Riva, Custom Line and CRN, and was ranked second overall with over 2,300 metres (7,546 feet) of super and mega yachts under construction.

“This is further proof of the effectiveness of our strategy, which is based on exclusivity, innovation and attention to people,” says Ferretti Group CEO Alberto Galassi. “This year's Global Order Book provides an accurate reflection of the Ferretti Group's incredible growth. A real growth, as demonstrated by the revenues and the profits we achieved. Ferretti Group has not only risen in the ranking, with over 2,300 metres for yachts over 24 metres sold and under construction, but we are actually ranked first in the world in terms of number of projects: 71. This is thanks to the investments in and strong commitment to product research and development across all its brands and for all craft sizes. The projects are always completed within schedule and the Group has delivered 148 products of excellence, which are market leaders worldwide. All due to the beauty, quality, style, advanced technology solutions featured on of our yachts and to the industrial and financial reliability of the Ferretti Group.”