Glonghui, March 14 | Ferretti (09638.HK) announced that the Group's net revenue for the year ended December 31, 2023 was approximately 1.13 billion euros, an increase of about 10.1% over the previous year. Profit attributable to shareholders for the year was approximately 83 million euros, an increase of about 37.8% over the previous year. The board of directors recommended the payment of a final dividend of approximately €32,833,000 (equivalent to 9.7 euro cents per share) for the year ended 31 December 2023, subject to shareholders' approval at the current annual general meeting of shareholders before implementation.

The Group designs, produces and sells 8 to 95-meter luxury composite yachts, custom-made yachts and superyachts, providing a full range of functions and an increasingly extensive range of auxiliary services to meet the individual tastes and requirements of customers. With its market-leading position, rich history and unrivaled brand portfolio, the Group is known as a trendsetter in the global luxury yacht industry and an ambassador of Italy's outstanding sailing world.

The Group's new orders during the reporting period reached €1,120.4 million, which is in line with the number of new orders for the year ended 31 December 2022. New orders for high-profit composite yachts (over 80 feet) from companies similar to custom-built yachts have also risen sharply.