Ferretti SpA approves 2023 consolidated financial statements, the draft separate financial statements as of December 31, 2023 and proposes an ordinary dividend of €0.097 per share up 65% compared to 2022

  • Dividend per share up 65% vs. 2022 (€0.0588 per share) and equal to 40% of the distributable profit;
  • Net revenue new yachts at €1,110.9 million, up 11.5% from €996.1 million in 2022;
  • Adjusted EBITDA of €169.2 million, up about 21% from 2022, with margin of 15.2%, up 110bps;
  • Net income of €83.5 million, up 38% from 2022;
  • Order intake of €1,120.4 million in line with 2022;
  • Net financial position of €281.1 million;
  • Communication of 2024 guidance and confirmation of the medium-term guidance.

Also approval of:

  • the proposal for authorisations of the purchase of company shares;
  • the statement containing the non-financial information (the "Consolidated Non-financial Statement");
  • the Report on remuneration policy and compensation paid;
  • the Corporate Governance and Ownership Structure Report
  • the convening of the Ordinary and Extraordinary Shareholders' Meeting for April 22, 2024.

Forlì, March 14, 2024 - The Board of Directors of Ferretti S.p.A. (the "Company") has approved 2023 the consolidated financial statements and the draft separate financial statements as of December 31, 2023:

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