Tag: Half Year report
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Ferretti Group reports slowdown in order intake as half-year earnings reflect impact of Middle East tensions
In Ferretti Group’s half-year earnings for 2026, the yacht maker is grappling with declines amidst geopolitical tensions, with revenue, profit and order intake nursing losses. From January 1st to June 30th, the Italian builder’s revenue totaled €586 million, a 5.6% drop from €620.4 million in H1 2025. The company delivered €37.9 million in profits, meanwhile,…
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Dubai Records 149% Increase in Yacht Arrivals for H1 2025
The Dubai Maritime Authority shared new insights on yacht traffic in the Emirate for the first half of the year. According to the DMA, yacht arrivals saw a 149% increase, recording 97 foreign-flagged vessels between January and June 2025, compared to 39 boats in the same period last year. This underscores the rise of the…
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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…
