Ferretti Group closed the first half of 2025 with consolidated revenue of EUR 620.4 million, up 1.5% on the same period in 2024, according to results disclosed on July 31. The Italian group, owner of brands including Riva and Pershing, grew even as EU-US tariff uncertainty hung over transatlantic yacht trade through 2025.
Contents
- The first-half result
- The tariff uncertainty behind the number
- A trade story bigger than one shipyard
- The brands behind the number
- What the result signals for the industry
- FAQ
The First-Half Result
Ferretti Group reported consolidated revenue of EUR 620.4 million for H1 2025, a 1.5% increase over the same window in 2024. Working back from that percentage, H1 2024 revenue can be estimated at roughly EUR 611.2 million — not a figure the company disclosed separately, but the value implied by the reported growth rate.
| Metric | H1 2025 | Implied H1 2024 base | Change |
|---|---|---|---|
| Consolidated revenue | EUR 620.4 million | ≈ EUR 611.2 million | +1.5% |
The result lands at a moment when much of Europe's yacht-building industry is watching trade with the United States closely, since the US remains one of the largest markets for Italian-built luxury yachts. Holding onto positive growth in that environment — even modest growth — is the detail trade press highlighted when covering the disclosure.
The Tariff Uncertainty Behind the Number
Ferretti Group's own result was disclosed with the caveat that the period was shaped by tariff uncertainty between the European Union and the United States, a factor weighing on any European shipyard with meaningful sales or supply-chain exposure to the American market. The source consulted for this article does not detail specific tariff rates or timelines under discussion at the time — it confirms only that this uncertainty was part of the backdrop against which the 1.5% growth was recorded.
For anyone following the superyacht sector, the notable detail is not the size of any specific tariff, but the fact that a builder of Ferretti Group's scale still posted growth — modest as it was — despite that regulatory cloud. That is generally read as a sign that underlying demand for the product held up even as the international trade environment grew less predictable.
A Trade Story Bigger Than One Shipyard
The same dependence on the US market shows up on the other side of the Atlantic, in a market far removed from Italian shipbuilding. Brazilian trade press reported that Brazil exported 559 recreational boats in the first half of 2025 — roughly half of the more than 1,110 boats exported across all of 2024 — with the United States accounting for 68.01% of export value in the period, up from 60.10% in 2024.
| Brazilian boat-export indicator | H1 2025 | Full-year 2024 |
|---|---|---|
| Boats exported | 559 | 1,110+ |
| US share of export value | 68.01% | 60.10% |
Read together, Ferretti Group's European result and Brazil's export numbers show that exposure to the US market grew on both sides of the Atlantic in 2025, for different reasons: a European superyacht builder navigating tariff uncertainty, and a Brazilian boat-export sector becoming more dependent on American buyers to place its own production abroad. For readers outside Brazil, it is a useful reminder that this is not a story confined to one shipyard or one continent — it is a pattern showing up wherever boats built for export meet a single dominant buyer market.
The Brands Behind the Number
Ferretti Group organizes its output by brand, spanning names including Riva, Ferretti Yachts, Pershing, Itama, Custom Line, CRN and British sailing brand Wally — a portfolio that runs from smaller sport boats to full custom superyachts. The financial source consulted for this article discloses only the group's consolidated revenue; it does not break the H1 2025 figure down by brand or division, and this article does not estimate that split, since doing so would present as fact something the company has not disclosed.
What is clear is that the consolidated number reflects the sum of segments with very different customer profiles — from the owner of a classic Riva to the client behind a large-scale CRN project — which helps explain why a 1.5% move is still newsworthy: shifting a portfolio that broad in either direction requires real sales volume across several price bands at once.
What the Result Signals for the Industry
Results from builders such as Ferretti Group work as a temperature check for anyone tracking the superyacht charter market: when production keeps growing even under trade uncertainty, it suggests demand for high-end time on the water — whether through ownership or charter — has not slowed at the same pace as the tariff headlines might imply. The same half also saw UBS's Global Wealth Report 2025 record a 4.6% rise in global wealth during 2024 — a broader wealth backdrop that tends to support demand for high-value assets, yachts included, even though the report itself does not address the boating sector specifically.
One honest caveat: as of this article's publication date, no other major yacht-building group had yet disclosed its own H1 2025 results, which rules out a direct performance comparison between builders at this point in the reporting season. Voguer will keep tracking the industry's H1 and full-year 2025 results as other groups report over the coming months.
FAQ
How much revenue did Ferretti Group post for H1 2025? EUR 620.4 million in consolidated revenue, up 1.5% on the same period in 2024. The result was disclosed on July 31, 2025, and cited EU-US tariff uncertainty as part of the period's backdrop.
What does "tariff uncertainty" mean for the yacht industry here? It refers to unresolved questions over trade tariffs between the EU and the US during 2025, which affect European shipyards with meaningful sales to American clients. The source consulted does not specify rates or timelines; it confirms only that this uncertainty shaped the period.
What brands does Ferretti Group own? The group's brands include Riva, Ferretti Yachts, Pershing, Itama, Custom Line, CRN and Wally, spanning sport boats through full custom superyachts. The H1 2025 result disclosed was consolidated, without a brand-by-brand breakdown.
Why does this article also mention Brazil? In the same half, Brazil exported 559 recreational boats, with the United States accounting for 68.01% of export value — up from 60.10% in 2024. It illustrates that growing US-market dependence is not unique to European builders; it shows up in boat-exporting economies more broadly.
Are Ferretti Group's numbers comparable to other superyacht builders yet? Not directly, not yet: as of this article's publication, other major builders had not disclosed their own H1 2025 results. Fuller builder-to-builder comparisons will only be possible as more groups report over the rest of the year.
When did Ferretti Group disclose these results? The H1 2025 results were disclosed on July 31, 2025, as reported by Boat International's coverage of the group's financial statement.
Where can readers check Ferretti Group's official figures? Boat International's coverage of Ferretti Group's H1 2025 results presents the figures as disclosed by the company and is linked in this article's sources.
Does global wealth growth relate to yacht demand? UBS's Global Wealth Report 2025 recorded a 4.6% rise in global wealth during 2024, without addressing the boating sector specifically. Even so, a backdrop of expanding global wealth is generally read by the market as supportive of demand for high-value assets, including yachts.
Following the Industry's Reporting Season
Voguer operates both the Brazilian boat-rental marketplace voguer.com.br and the international superyacht charter brand voguer.yachts, which gives this newsroom a vantage point on both Europe's builder economics and the growing appetite among international clients, Brazilians included, for high-end time on the water. Coverage of the yacht industry's financial results, boat shows and awards continues on Voguer News through 2025.
