Ferretti schedules approval of nine-month results for October 27 without confirming a new forecast cut
Key Facts
Ferretti Group listed approval of its interim financial report as of September 30, 2026, on its board agenda for October 27, according to its investor relations page. The agenda sets an approval date but does not in itself confirm that results were released or that the company made a new cut to its profit guidance. An earlier draft attributed nine-month revenue and net profit figures to the company, along with a guidance revision, without documented confirmation available here. The report therefore focuses on the report date and what the company had previously disclosed about its first-half performance. Any assessment of nine-month performance or a change in guidance remains contingent on an official published disclosure.
The official reports page has a section for first nine-month 2026 results, but lists a “9M 2026” presentation dated October 7 and does not show the financial report tied to the board meeting scheduled for October 27. This means the page currently available does not provide published figures to confirm revenue or profit through the end of September. Nor does it support describing revenue as stable, since the comparison needed to establish that is not available in the results shown. The available materials do not indicate that the company announced a new revision to its full-year guidance on October 27. The company had cut its guidance earlier, according to its first-half results, a separate development from any adjustment that may be announced later.
In the first half, revenue from new yachts was 585.6 million euros, down 5.6% year on year, according to Ferretti’s interim results. The company posted adjusted earnings before interest, taxes, depreciation and amortization of 92.5 million euros, with a margin of 15.8%. Net profit was 37.9 million euros, compared with 43.6 million in the same period of 2025. These figures provide a picture of reported performance through midyear, but do not replace the nine-month data that was scheduled to be presented to the board. They also show a year-on-year decline in net profit alongside the reported operating margin for the period.
On demand, the company said new orders totaled 341.4 million euros in the first half, compared with 467.3 million euros in the same period of 2025. Ferretti linked the business environment to longer customer decision-making cycles and intensifying competition across several segments. It added that orders remained below the level needed to replenish its order book at the targeted pace. These indicators provide context for the slowdown in demand seen in the first-half results, without by themselves establishing a specific impact on nine-month results or full-year guidance. The company said, “Customer decision-making cycles have lengthened, competition has intensified across several segments, and orders remain below the levels needed to replenish our order book.”
The company’s calendar lists a later appearance at JPMorgan’s Global Luxury and Brands Conference in Paris on November 18, 2026. The date follows the scheduled board meeting to review the interim report and may provide a later opportunity to present company updates, according to the published calendar. The available information does not detail the content of the appearance or any financial update expected at the event. Nine-month results and any new guidance change remain subject to an official company announcement. Until that disclosure is published, the first-half figures remain the latest detailed financial results in the materials provided.