 |
|
|
Gabriele Del Torchio - Ferretti Group
Posted by: NavyNet on Thursday, June 08, 2006 - 05:23 CET
|
|
|
| |
.jpg)
Gabriele Del Torchio
FERRETTI GROUP – A book order of over 1 billion Euros registered on 31st May 2006 (a + 40% increase compared with the 749 million registered on 31st May 2005).
Closing forecast for the 2005–2006 nautical year: a turnover of close on 750 million Euros (a + 20% increase compared with last year).
Confirmation of the Group’s aim to return to the Milan Stock Exchange in either autumn 2006 or spring 2007, at the latest.
The Ferretti Group, world leader within the sphere of designing and building luxury motor yachts, has achieved a number of significant goals over the past few years - consolidating its leadership position and creating a solid base for new challenges. Registering an annual growth rate of 21%, 50% more than theaverage recorded by the international nautical market as a whole, the Ferretti Group has announced its aim to return to the Milan Stock Exchange in autumn 2006, or spring 2007 at the latest, with a considerable number of shares.As of 31st May 2006, registered orders have, for the first time in the Ferretti Group’s history, exceeded a billion Euros (approx. 1,050 billion Euros), a + 40% increase compared with the same date last year, when the book order totalled 749 million Euros.Based on these figures, the Ferretti Group has estimated it will close the year on 31st August 2006 with a turnover close on 750 million Euros, a + 20% increase compared with the 636 million registered for the previous nautical season.Thus, the strategy drawn up by the Group’s CEO, Gabriele Del Torchio, who was appointed last July, has begun to register extremely satisfactory results. Capitalising on the company’s already excellent health, it will now concentrate on rationalising the activities linked to the various brands and consolidating strategicmarkets, while keeping a careful eye on emerging ones, in order to confirm its leadership.According to Gabriele Del Torchio, “the reasons for the Ferretti Group’s success can be singled out in the coherence with which we develop our programmes. We concentrate on 4 fundamental values, namely, covering all the main product segments with brands which enable us to deal with almost the entiremarket; positioning all our brands in the top bracket of the market; total product exclusiveness ; considerable innovation and design content.”In terms of innovation, once again the figures speak for themselves. A 130 million Euro investment programme has been forecasted for the next three years, most of which will be used to launch an admirable 44 new models on the market. This figure clearly confirms the Group’s supremacy, and the fact it is alwayscareful to anticipate market demands and transform them into successful yachts.The Group’s plan to return to the Stock Exchange is based on a solid strategy which works in 4 main directions, i.e. expanding more than the market in order to safeguard the Group’s position as leader ; increasing its presence on international markets, seizing the opportunities offered by new ones and reinforcing its productive structure; registering increasingly higher returns by means of synergiesbetween the various brands; increasing the value of and strengthening the team leading the Group, capitalising on skills which are already present, and building up the new expertise necessary for maintaining its leadership.The Ferretti Group, managed by Chairman Norberto Ferretti and Chief Executive Officer Gabriele del Torchio, currently encompasses Ferretti Yachts, Pershing, Itama, Bertram, Riva, Apreamare, Mochi Craft, Custom Line and CRN.It currently employs a staff of over 2,500, excluding side-line businesses, and boasts a surface area (covered and open-air) of over 673,000 m2. The company has 19 production units in Italy, 2 in Spain and 1 in the United States, and registered a consolidated turnover of 636 million Euros on 31st August 2005, a + 14% increase compared with the 557 million registered for the previous financial year.
|
|
|
|
|
|
|
|
|
| |
|
