2023-2025 Business Plan
FY 2021
FY 2022
FY 2022 RESULTS
Delivering another year of strong double-digit growth
Exceeding guidance on all metrics
Net Revenues New Yachts¹ / (€m)
585.9
Adjusted EBITDA²/ (€m and % on Net Revenues New Yachts)
FY 2021
95.5 16.3%
+26.4%
YOY
+36.3%
YOY
740.7
FY 2022
130.2 17.6%
EBIT / (Єm and % on Net Revenues New Yachts)
Group net profit/ (Єm and % on Net Revenues New Yachts)
FY 2021
72.2 12.4%
FY 2021
51.0
+42.3%
YOY
+45.4%
YOY
FY 2022
102.7 13.9%
FY 2022
74.2
Investments³ /(Єm and % on Net Revenues New Yachts)
Net Financial Position4 / (€m)
FY 2021
49.2 8.4%
FY 2021
39.0
+1.5%
YOY
FY 2022
50.0 6.7%
FY 2022
+61.3m
100.3
YOY
1.
2.
Calculated as the sum of revenues from the sale of new yachts (recognised over time with the cost-to-cost method) and pre-owned boats, net of commissions and trade-in costs of pre-owned boats.
Excluding non recurring items, linked to Covid-19 related expenses and non-monetary costs of the stock incentive plans (€583k in FY 2022 and €916k in FY 2021).
3.
4.
Increases in property, plant and equipment and intangible assets, net of the carrying amount of related disposals, at constant perimeter. FY 2022 reported figure €59.0m, including the consolidation of Polo Nautico Viareggio S.r.l., Equinoxe S.r.l. and I.C.Y. S.r.I.
Calculated in accordance with ESMA document 32-382-1138, 4 March 2021. A positive figure indicates a net cash position.
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