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For Ferretti revenues at 1.11 billion and profit of 83.5 million - Last minute

2024-02-19T12:23:04.070Z

Highlights: For Ferretti revenues at 1.11 billion and profit of 83.5 million - Last minute. The order book grew by 15.1% to 1.5 billion and the gross operating margin by 21% to 169.2 million. According to CEO Alberto Galassi "2023 was an extraordinary year for the numbers and objectives achieved by the group". "I underline the great importance of the listing on Euronext Milan in June," he added. The estimates for the current year were confirmed and ZhangQuan and Zhu Yi, non-executive members were co-opted onto the board of directors.


Ferretti closed the 2023 financial year with net revenues growing by 11.5% to 1.11 billion. The order book grew by 15.1% to 1.5 billion and the gross operating margin by 21% to 169.2 million. (HANDLE)


Ferretti closed the 2023 financial year with net revenues growing by 11.5% to 1.11 billion.

The order book grew by 15.1% to 1.5 billion and the gross operating margin by 21% to 169.2 million.

A real leap in net profit, which grew by 28% to 83.5 million, with a collection of new orders of 1.12 billion and a net financial position of 281.1 million.

The estimates for the current year were confirmed and ZhangQuan and Zhu Yi, non-executive members such as the resigning LiXinghao and Hua Fengmao, were co-opted onto the board of directors.


    According to CEO Alberto Galassi "2023 was an extraordinary year for the numbers and objectives achieved by the group".

"I underline the great importance of the listing on Euronext Milan in June - he added - which recorded strong positive recognition from the financial community".

"The results we present today - he concluded - highlight a notable growth in the main economic-financial indicators and two absolute records in our recent history: an order book that reaches 1.5 billion euros and a margin of 15.2%, confirming the solidity of the commercial and industrial strategy announced in March 2022".


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