Ferretti

The Italian conglomerate reported profits of $35 million for fiscal 2018

Reuters reports that the Italian conglomerate is preparing to return to the Milan stock exchange.

The Italian conglomerate will invest $95.8 million into Wally over the next four years.

The is now group world’s second-largest builder in the 78-plus-foot category.

The Ferretti Group’s year-to-date order book is €218 million, or $252 million, which is in line with its budget estimates.

Ferretti Group said it will hire 80 people across its five Italian shipyards after it experienced double-digit growth in 2017.

Ferretti Group is holding its Convergence training and refresher conference for vessel captains and chief engineers March 1st through 3rd in Dubai.

The Ferretti Yachts 920 flybridge was named Best Motor Yacht Under 100 Feet in the Best of Best Awards selected by Robb Report China.

The Ferretti Group said it will build a record 159 boats across its seven brands by the end of the year, a 7.5 percent increase from 2016.

Ferretti Group Asia Pacific, the Hong Kong-based subsidiary of Ferretti Group, has signed an exclusive dealer agreement with Yacht Sourcing and opened an office in Jakarta, Indonesia.

The Ferretti Group will bring two yachts making their North American debuts to the Fort Lauderdale International Boat Show, which starts Wednesday and will continue through Sunday.

Ferretti Yachts launched the first 920, a 92-foot flybridge that will make its debut in September.

CRN started construction on the new 164-foot MY Superconero, which will be launched next winter.

The Ferretti Group and Ekka Yachts opened the Riva Private Deck in the Aegean Sea.

The Ferretti Group’s yard in Ancona, Italy, recently did the initial launch of the Navetta 33.

The group will exhibit a fleet that includes the 180-foot CRN Atlante, the flagship of the show.

At 203 feet with a beam of 37 feet, the new yacht was engineered by CRN’s Ancona, Italy-based technical department.

The Ferretti Group held the training symposium Convergence 2017 over four days in March in Ljubljana, Slovenia.

The Ferretti Group brand Pershing Yacht said the Pershing 82 VHP and Pershing 74 coupes were recently overhauled.

The Ferretti Group brought eight models between 26 and 108 feet to the Dubai International Boat Show.