(Finance) – The Board of Directors of Ferretti approved the consolidated financial statements and the draft financial statements as at 31 December 2023, which closes with net revenues at 1,110.9 million, up 11.5% compared to 996.1 million in 2022, a Adjusted EBITDA of 169.2 millionup approximately 21% compared to 2022 and a net profit of 83.5 millionup 38% compared to 2022.
In 2023, order collection amounted to 1,120.4 million, approximately in line with the year 2022, and with a significant increase compared to the previous year in the Composite yachts segment especially for boats over 80 feet. At 31 December 2023 the order backlog amounted to 1,491.1 million, up 15.1% compared to 31 December 2022 (1,295.6 million).
There net financial position at 31 December 2023 it was 281.1 million in net liquidity compared to 365 million in net liquidity at 31 December 2022.
Proposed a dividend per share up 65% compared to 2022 at 0.0588 euros per shareequivalent to 40% of the distributable profit.
Announced the guidance for 2024 which confirms the medium-term guidance: 2024 revenues expected at 1,220 -1,240 million, up by 9.8%-11.6% in line with the medium-term guidance which sees a CAGR of 10% per year; adjusted EBITDA at 195 – 200 million, up 15.2%–18.2%; adjusted EBITDA margin at 16%–16.1% (+80-90bps).