The Business of Middle East Superyachting

Tag: Finance

  • Azimut|Benetti Group Financial Projection Shows Growth of Middle East Region

    Azimut|Benetti Group Financial Projection Shows Growth of Middle East Region

    Azimut|Benetti Group has announced its fiscal projections for the 2024/25 nautical season, forecasting €1.5 billion in revenue, a 15 per cent increase from the previous season.  According to the report shared by the Italian company, the group has secured €2.5 billion in orders since January 2025, which is expected to sustain production through 2029.  The…

  • Azimut-Benetti 2024 Fiscal Results Announced

    Azimut-Benetti 2024 Fiscal Results Announced

    Azimut-Benetti Group took advantage of the Cannes Yachting Festival in Cannes France to announce the results of the shipyard’s 2023-2024 fiscal year results.  The group disclosed revenue for the year going up by 55%, during a four year period, increasing to €1.3 billion, compared to €840 million in the 2020-2021 fiscal year. CEO Marc Valle…