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Ferretti Group lights up the Cannes Yachting Festival with 5 new stars

September 10, 2018

  • The Group arrives in the Côte d'Azur with a fleet of 25 yachts and 5 world premières

  • The brilliant economic and financial results confirm the growth trend, with revenues of 420 M€ in the first 8 months of 2018 (+ 22%)

  • Investments in product development and industrial capacity over the past three years amount to 133 M€

 

Ferretti Group wins the stage of the 41st edition of the Cannes Yachting Festival, scheduled from September 11th to 16th, with 5 absolute novelties for the Ferretti Yachts, Custom Line and Riva brands.

 

The 5 world premières, welcomed successfully by public and professionals, inaugurate the new nautical season of the Group in great style.

 

Together with a majestic fleet of 25 yachts between 8 and 42 meters, the debut was made by:

  • Ferretti Yachts 670

  • Custom Line 120’

  • Custom Line Navetta 42

  • Riva 110’ Dolcevita

  • Riva 66’ Ribelle

 

The Cannes Yachting Festival, the largest international event in the sector, opened as usual with the Group's annual press conference. Mr Alberto Galassi, CEO of Ferretti Group, together with the Chief Commercial Officer, Stefano de Vivo, presented the main financial results achieved during the first 8 months of 2018, confirming the positive trend that strengthens the Group’s international leadership.

 

As at August 31st, 2018, Ferretti Group recorded a consolidated order book for serial brands equal to 218 million Euros, in line with the budget estimates for the current financial year.

 

The Group expects to close the year with a total purchase order for serial brands of 450 million Euros, confirming and consolidating the extraordinary result already achieved in 2017.

 

The Group continued its strong commercial penetration on a global scale. From a geographic point of view, in percentage terms on consolidated order book, as at August 31st, 2018, Europe - Middle East - Africa contributed for 49% of new orders, Americas for 36% and Asia Pacific for 15%.

 

After the first 8 months of 2018, the Group achieved consolidated revenues of 420 million Euros, +22% compared to the same period of 2017 (344 M€). The estimates for 2018 are confirmed, which foresee a production value of 704 million euros.

 

The Group continues the investment plan as the core asset of its strategic line. In the 2016-2018 three-year period, around 133,5 million euros were invested in product development and industrial capacity, which allowed a rapid pace in the renewal of the range. From 2015 to 2018, 30 new models were produced, including the magnificent Cannes world premières, ready to sail the waters of the world during the next 2018/19 nautical season: Riva 110' Dolcevita, Riva 66' Ribelle, Ferretti Yachts 670, Custom Line Navetta 42 and Custom Line120'.

 

“Cannes is like a grand gala, one comes to shine and leave a mark. This year we participate with the fleet of wonders: 25 magnificent yachts, with 5 world premières representing 3 of our brands" - said Alberto Galassi. “As always, the show is also an opportunity to make an initial assessment of the brilliant results achieved this year. The figures for the first eight months of 2018, characterized in particular by a production value higher than last year of 22%, confirm that we are on the right course. No miracle, everyone has been working hard, and the awareness of our strength, keeping year after year the commitment to invest in product development, production capacity and technological innovation. As evidence of the effectiveness of a growth strategy based on the constant renewal of our product range, almost 70% of revenues is the result of the success of the serial models presented in the last four years. We continue to believe in beauty, improvement of performance and attention to detail, because this is what our customers appreciate: an inimitable mix of Made in Italy quality and elegance that places us at the top of the nautical scene”.

 

The Ferretti Group stand is set up in the Espace Riviera, #PALAIS102 JETEE 012 exhibition area, while Custom Line yachts are moored at the Super Yacht Extension, in front of the SYE193 lounge. At JETEE 008 pier visitors can admire Pershing, Itama, Ferretti Yachts and Riva fleets, moored in front of their respective lounges.

 

Moreover, an iconic Rivamare will be displayed at the entrance of the exhibition for the whole duration of the show.

 

With the 5 world premières, Ferretti Group’s fleet in Cannes is composed of:

 

  • Ferretti Yachts 450, Ferretti Yachts 550, Ferretti Yachts 670, Ferretti Yachts 780, Ferretti Yachts 850 and Ferretti Yachts 920;

  • Custom Line Navetta 42 and 120’ for the Custom Line brand;

 

  • Itama 62;

  • 27’ Iseo, Rivamare, 56’ Rivale, 66’ Ribelle, 76’ Bahamas, 76’ Perseo, 88’ Domino Super, 100’ Corsaro and 110’

Dolcevita for Riva brand;

  • Pershing 5X, Pershing 62, Pershing 70, Pershing 82 and Pershing 9X.

 

During the Festival, Ferretti Group will always be flanked by prestigious luxury partners, protagonists of various entertainment initiatives during the days of the fair.

 

7 Pines, the luxury resort in Ibiza hosting the first Pershing Terrace, is the Group's main sponsor for Soirée Nautique - the late opening night of the show scheduled for Friday, September 14th, during which Red Oyster will offer a tasting of its precious oysters - together to Seabob, which exhibits its magnificent limited edition products with custom livery, created ad hoc for the Group's brands.

 

The partnership with Dolce & Gabbana, which signs the Ferretti Group uniforms, and with Samsonite, which provides business luggage, has been renewed. La Scolca delights visitors with an exclusive tasting of its fine wines.

 

Culti Milano proposes the olfactory essences that will make visitors dream on board of the yachts and in the lounges, while the suggestive Arquati pergolas will protect guests from the sun, refreshing them pleasantly, while visiting the stand. The partnership with Sabrina Montecarlo continues, which has embellished the Group's yachts with its luxurious furnishing accessories.

 

Taurus exhibits the models 'Taurus for Ferretti Yachts 50th anniversary', the bicycles made in limited edition (in the three versions man, woman and pedal assisted) on the occasion of the celebrations of the fiftieth anniversary of the brand. Finally, Emirates Airlines, which has reserved special treatments on flights to Ferretti Group guests.

Monaco Yacht Show 2018

September 25, 2018

FERRETTI GROUP, PROTAGONIST OF the MONACO YACHT SHOW,

reveals THE PROJECTS OF THE SUPER YACHT YARD

Ferretti Group exhibits in the Principality of Monaco its fleet of yachts between 30 and 50 meters for the Riva, Custom Line and CRN brands and presents the new full custom projects expected for the coming years.

 

Monte Carlo, September 26th 2018 – Latona 50, the new powerful and dynamic masterpiece by CRN, is the star of Ferretti Group's fantastic fleet at the 28th edition of the Monaco Yacht Show. The fleet is completed by three models of incomparable beauty: the semi-displacement Custom Line Navetta 42, the planing Custom Line 120', and the Riva 110' Dolcevita flybridge.

 

During the press conference that took place in the morning of the opening of the show, Alberto Galassi, CEO of Ferretti Group, revealed, together with the Chief Commercial Officer Stefano de Vivo, the investments in the super and mega yacht sector, the new projects of the upcoming flagships and the new Riva, Pershing and CRN mega yachts currently under construction.

 

“Now more than ever, success belongs to those who move fast, in the direction of the market and today the market looks with increasing interest to large yachts. It is precisely in the segment of pleasure yachts, that we are investing capital, resources, and all our know-how to consolidate ourselves as a worldwide reference point for excellence and design” declared Alberto Galassi. "The numbers are proving us right and convince us that pursuing beauty means conquering the market”.

 

The super yachts occupy an increasingly important place in the Group's plans: in the next three-year period 2019-2021, there will be 13 new projects over 30 meters compared to the 8 presented in the previous three years and 66 new boats in the segment of super and maxi yachts.

 

There are currently 5 new pleasure yachts under construction at the Ancona shipyard, ready to be launched in 2019: the two units of Pershing 140, the Riva 50 meters, the largest boats ever built by the respective brands, the CRN 137 of 62 meters and the CRN 135 of 79 meters.

 

In the first 8 months of 2018 the Group achieved a production value of 420 million euros, +22% compared to the same period of 2017. The estimates for 2018 are confirmed, which foresee a production value of 704 million euros.

The investments, which have always been the cornerstone of Ferretti Group's growth strategy, increased to 153.5 million euros in the 2015-2018 four-year period, of which about 30% allocated to the design and development of yachts over the 30 meters.

 

The Group chose the Monaco Yacht Show, scheduled from September 26th to 29th, for the world debut of the new CRN flagship. Launched last February and delivered in May, Latona 50 meters is projected by CRN’s Engineering and Interiors&Design Departments in collaboration with Zuccon International Project.

 

For this edition of the Monaco Yacht Show, Ferretti Group was flanked as always by prestigious luxury brands: Culti, whose enchanting essences seduced guests, journalists and ship owners; Dolce & Gabbana, longtime partner with the Ferretti Group for uniforms; Frette, that signed the luxurious linens of the Custom Line models; Sabrina Montecarlo, provided the precious furnishing accessories of Riva and Custom Line yachts; Zimmer+Rohde, supplier of high-end, modern and innovatively designed fabrics; La Scolca delighted visitors with its selection of wines; Samsonite provided business luggage to the Ferretti Group staff; Seabob was once again present with the limited edition seatoys made specifically for the Group's brands; Slam, was the official supplier of Ferretti Group crew uniforms; Emirates Airlines offered advantageous airfares.

 

FERRETTI GROUP AT THE MONACO YACHT SHOW 2018

Ferretti Group is present with two stands and four yachts on display:

  • Stand CRN: Sybass Avenue – QT1; mooring “Latona 50”: T14

  • Stand Ferretti Group: QL7 / Jetéè Lucciana; mooring Navetta 42: L09; mooring Custom Line 120’: L10; mooring Riva 110’ Dolcevita: L11

Ferretti Group Asia Pacific celebrates the opening of a new office in Jakarta

November 29, 2017

An exclusive gala dinner for the official opening of Yacht Sourcing’s representative office, Ferretti Group’s exclusive dealer in Indonesia for Ferretti Yachts, Pershing and Riva brands.

Ferretti Group is further increasing its reach in Southeast Asia. Ferretti Group Asia Pacific, the Group’s Hong Kong-based subsidiary and Yacht Sourcing, its new exclusive dealer in Indonesia celebrated last Saturday, November 25th, the official opening of their new office in the capital of the latter country.

Just a few months after the signing of the agreement based on a three-year exclusive dealership for Ferretti Yachts, Riva and Pershing brands, the two companies organized a gala evening at the suggestive Jet Ski, Jakarta's exclusive seaside location.

Over 120 VIP guests and shipowners participated in the celebrations for the opening of Yacht Sourcing’s new office, located at Jalan Pantai Mutiara, in a dazzling area for the maritime activities of the Capital, near the Marina of Jakarta.

"We wish to emphasize through this evening the great importance and value of a new partnership with a strategic partner such as Yacht Sourcing, in a market like Indonesia, the largest archipelago state in the world and of particularly significant role in our expansion in Asia", said Stefano de Vivo, Chief Commercial Officer of Ferretti Group.

"This new office is the perfect location to welcome shipowners and customers and present the fabulous fleets of Ferretti Yachts, Pershing and Riva, brand ambassadors of the Italian yachting industry around the world."

During the gala, Ferretti Group and Yacht Sourcing were accompanied by their several partners: Maserati, the Group's consolidated partner in all major events and yacht shows; the Champagne maison DuVal Leroy, and Dimatique together with Sunbrella, for wine tasting and the decoration of the Jet Ski, respectively. Forbes and Tatler's Indonesian editions were the official media partners of the gala.

CRN: 86 Metres of innovation and dynamism for the new explorer yacht designed by Harrison Eidsgaard

November 27, 2017

CRN, the historical Italian shipbuilder and brand, part of the Ferretti Group, specialising in the construction of fully-custom steel and aluminium pleasure vessels between 40 and 100 metres in length, presents its new project, an 86-metre Explorer Yacht designed by Harrison Eidsgaard.

This new innovative and dynamic 86-metre Explorer Yacht embodies CRN’s DNA while also epitomising the cutting-edge style of Harrison Eidsgaard, one of the leading international yachting design firms. The London-based designers have indeed cooperated with CRN to create this vessel, harmonising the fresh style of their brand with the historical heritage, know-how, and craftsmanship of one of the most important shipyards creating iconic fully-custom yachts in Europe.

Conceived for an Owner used to enjoying long voyages with his family all over the world, including in remote locations, this project empowers the concept of ‘exploration’ through areas specifically designed to house water toys and tenders that will allow to discover the most exciting and scenic corners, from the coastline to the most secluded bays, all the way to the sea depths. All guest areas, in turn, have been designed to ensure a constant, direct visual contact with the sea. This was the starting point for the design firm, which is vital to understand the various aesthetic and functional solutions that have taken shape during the long, painstaking creation of this new 86-metre Explorer yacht. Conceiving dedicated areas for a large number of specific tenders and water toys as part of a refined exterior design was a real challenge. An example of this is the installation of a forward davit capable of easily lifting, launching and hauling tenders and toys up to 50 tons. The wish to create a functional yacht and to ensure easy operations for the crew strategically drove the design of the yacht’s outer lines too, with an eye to obtaining a layout that would keep the guest living areas separate from the service areas where the crew will be operating.

Considering the ‘Explorer’ character of the yacht, the project features airy interior spaces with extensive glazed surfaces in the guest areas, first and foremost in the salons, allowing to enjoy navigation to the fullest regardless of outside weather conditions. Similarly, the interior layout and décor have been conceived to maximise onboard comfort and relaxation, thanks to magnificent panoramic views. It is not by chance that one of the key areas onboard is a spectacular terrace running along the entire Owner’s deck, recreating the atmosphere of an exclusive loft in New York and letting the family enjoy the utmost privacy and intimacy, especially during long-range cruising.

“Versatility, functionality, and elegance are the core features of our shipyard’s timeless yachts. Our close cooperation with leading international designers like Harrison Eidsgaard allows us to propose explorer yachts that have always been part of our DNA. Indeed, as early as in the 1980s CRN was a pioneer in the design and construction of an explorer yacht, the first one in international pleasure boating - the F100, designed by Gerhard Gilgenast in 1982. With Harrison Eisdgaard, we now want to go back to those values that have led us to be what we are today. We are really excited about this new cooperation, which has resulted in a very original concept”, declared CRN’s Chief Commercial Officer Stefano De Vivo.

“We have developed an explorer yacht capable of ensuring great functionality and ease of use while also boasting stylish exterior lines and spacious areas in direct contact with the sea, so as to meet the future Owners’ passion and love. Unprecedented, state-of-the-art solutions like the ones found onboard this yacht are the result of the long-standing experience and expertise of a historical shipyard like CRN”, declared Harrison Eidsgaard designers.

The new 86-metre Explorer Yacht can boast functionality, innovation and dynamism among its main strengths, which go hand in hand with the great comfort of interiors, resulting in unmatched pleasure during navigation and a constant relationship with the sea.

The first Custom Line 120’ takes to the sea

November 27, 2017

Technical launch for the first-born of Custom Line's new planing line, built for an American owner and bearing the signature of Francesco Paszkowski Design. The eagerly expected world première is scheduled to take place in the US in early 2018.

Brand new and magnificent, sublime in its design and spatial layout, sporty and luxurious: Custom Line 120’. The new jewel in the planing fleet and the first to carry the signature of Francesco Paszkowski Design, was launched last Wednesday at the Ferretti Group shipyard in La Spezia.

The technical launch took place in the presence of Ferretti Group CEO Alberto Galassi, the Group's Senior Management and the Custom Line Engineering and Sales teams. Attending the event as the owner's representatives were the yacht's captain and Jason Wood, the US broker through whom the sale was made.

The official delivery is due at the end of 2017 Afterwards Custom Line 120’ will head for the United States - a hugely successful market for the brand and the owner's native land - for its memorable world première event in Florida. The new yacht will then make Miami its base, where it will sail between Florida and the Caribbean and will also provide a charter service.

The product of a joint effort between the design studio of Milan-based architect Francesco Paszkowski and the Ferretti Group's Product Strategy Committee and Engineering Department, Custom Line 120’ marks a major turning point in the development of the brand's planing fleet and is set to become the icon of a new era for Custom Line.

The yacht combines traditional stylistic features of boating with elements and characteristics that are typical of automotive design and civil architecture. A very thorough research on contemporary trends has also enhanced forms and volumes through furnishing choices in line with state-of-the-art interior design.

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