Strong and Resilient Growth Path
Reclassified consolidated income statement
(€'000)
Three months ended 31 March
Change
% Net Revenues
2023
2022
New Yachts
% Net Revenues
New Yachts
2023 vs. 2022
2023 vs. 2022%
Net Revenues New Yachts
183,726
100.0%
164,389
100.0%
19,337
11.8%
Net revenues from pre-owned boats, maintenance and other services
2,489
1.4%
1,189
0.7%
1,300
109.3%
Other income
2,549
1.4%
1,536
0.9%
1,013
66.0%
Operating costs
(157,508)
(85.7%)
(141,220)
(85.9%)
(16,288)
11.5%
Adjusted EBITDA
Non-recurring costs
EBITDA
Depreciation and amortisation
EBIT
Net financial expense
Net result of equity investments
Pre-tax profit
31,256
17.0%
25,894
15.8%
5,362
20.7%
(97)
0.0%
(189)
(0.1)%
92
(48.7%)
31,159
17.0%
25,705
15.7%
5,454
21.2%
(6,984)
(3.8%)
(5,889)
(3.6%)
(1,095)
18.6%
24,175
13.2%
19,816
12.1%
4,359
22.0%
76
0.0%
(205)
(0.1%)
281
n.m.
(294)
(0.2%)
28
(322)
n.m.
23,957
13.0%
19,639
12.0%
4,318
22.0%
Income taxes
(6,741)
(3.6%)
(5,413)
(3.3%)
(1,328)
24.5%
Net profit
17,216
9.4%
14,226
8.7%
2,990
21.0%
Net (profit)/loss attributable to non-controlling interests
(8)
(0.0%)
(241)
(0.2%)
233
n.m.
Group net profit
17,208
9.4%
13,985
8.5%
3,223
23.0%
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