Azimut-Benetti Group said today that it had sales of €850 million ($959 million) during its 2017-18 fiscal year, up 18 percent compared to the previous fiscal year.
A company statement said it now has 97 projects larger than 80 feet, totaling 11,601 linear feet under construction. That represents a 26 percent increase over the previous year and makes Azimut-Benetti the world’s top builder of megayachts, according to Boat International’s 2019 Global Order Book. The company has held this position for 19 consecutive years.
Paolo and Giovanna Vitelli, group chairman and vice chairman, respectively, issued a joint statement, saying, “This important result encourages us to carry on along our path. The only force that will never run out in our company is the desire always to exceed our limits.”
Azimut-Benetti Group celebrates its 50th anniversary in 2019.