Top 5 Reasons to Buy a Ferretti Yacht
Founded in Ancona, Italy, in 1968, Ferretti has established itself as a premier Italian brand, celebrated for its exceptional range of motor yachts that span from 46 to 124 feet.
1. Solid Financial Foundation and Strong Position in the Luxury Yacht Market
The Ferretti Group, backed by the huge Chinese investment and industrial group Weichai and the Ferrari family, continues to demonstrate robust growth, reporting impressive financial achievements for the first nine months of 2024:
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The company reported an order intake exceeding €1 billion, with €736.9 million recorded in the first nine months alone. This has resulted in an all-time high order backlog of €1.6 billion,
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New yacht sales reached €865.3 million, reflecting a 3.8% increase compared to the same period in 2023.
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Ferretti's adjusted EBITDA rose by 10.7% to €138.2 million, achieving a margin of 16.0%. This marks a 1% increase from the previous year, demonstrating improved operational efficiency.
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The company maintained a steady net profit of €62.2 million, which is comparable to the €61.9 million reported in the first nine months of 2023.
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As of September 30, 2024, Ferretti reported a strong cash position of €149.6 million.
These impressive financial results and strategic initiatives underscore Ferretti’s solid position in the luxury yacht market.
2. Commitment to Research and Development
At the core of Ferretti's strategy is a relentless pursuit of innovation and performance enhancement across its product range. This vision led to the establishment of the Engineering Division in 1989, a pioneering initiative championed by Chairman Norberto Ferretti. Since its inception, the division has been led by Andrea Frabetti and was rebranded as AYT (Advanced Yacht Technology) in 2006. Nearly two decades later, AYT is recognized as one of the world’s foremost naval research and design centers, employing around 90 engineers and designers dedicated to developing innovative products and processes characterized by excellence and reliability.
Located in Forlì, AYT coordinates design and engineering across the various brands within the Ferretti Group. This is facilitated by a sophisticated information network that connects all departments, enabling seamless communication and data sharing.
AYT operates as a cohesive unit organized into competence platforms, each focusing on specific design aspects such as electronic equipment, hull design, fiberglass structure and composition, technical and electrical systems, 3D modeling, naval registration and certification, project management, budgeting, and material management. These platforms collaborate closely with professionals from Ferretti’s individual brands, ensuring comprehensive coordination throughout the product development process.
As a highly specialized network, AYT supports, consolidates, and enhances the entire Ferretti structure. It also collaborates closely with partner technology companies to create increasingly innovative, customized, and exclusive systems that contribute to the distinctive quality and aesthetic appeal of Ferretti products. In an industry where technology is vital, this is where Ferretti’s technical excellence truly begins.
3. Focus on Comfort and Safety
Incorporating cutting-edge technology and ergonomic features, Ferretti Yachts ensures that noise emissions remain well below ISO 14509 limits. This commitment to design enhances comfort while guaranteeing excellent maneuverability, ease of maintenance, and comprehensive safety.
Moreover, Ferretti Yachts constructs its vessels to meet Design Category A (ocean-going) standards as outlined in Directive 2013/53/EU, ensuring certified hull strength capable of withstanding various sea conditions.
Numerous groundbreaking technologies have been implemented to enhance comfort and safety on board, including the NAVIOP system for navigation management, the ARG (Anti-Rolling Gyro) System for stabilization, the WATCHIT collision-mitigating system, and XENTA integrated controls that provide extremely responsive, precision maneuvering for a genuine car-style steering experience. These advancements highlight the company’s dedication to research and development in the luxury yachting sector.
4. The "Just Like Home" Philosophy
Every yacht in the Ferretti Yachts flybridge range, from the smallest Ferretti Yachts 500 to the flagship Ferretti Yachts 1000, embodies the signature "Just Like Home" philosophy. This approach combines excellent seaworthiness with ingenious design solutions aimed at creating a feeling of home at sea. Living spaces are crafted with exceptional practicality and comfort in mind, utilizing innovative design solutions that maximize space while seamlessly blending functionality with style.
The harmonious interplay of lines, décor, and materials creates a unique cruising experience, offering panoramic views from within the yacht. Generous windows invite the vibrant blue of the sea into the interiors, resulting in a visually stunning environment.
5. Wide range of flybridge yachts, varying in size, performance, guest capacity and price.
Top 5 flybridge yachts from Ferretti Yachts include:
Ferretti 500
At 50 feet 4 inches (15.33 meters), the Ferretti 500 accommodates up to 12 day guests and features two cabins for overnight stays. Buyers can choose between two different interior layouts, and there’s also a crew cabin located at the stern. The Ferretti 500 boasts a cruising speed of 25 knots, with a top speed of 29.7 knots.
Ferretti 670
Launched in 2018 to commemorate Ferretti's 50th anniversary, the Ferretti 670 is a collaborative effort between the Ferretti Group Product Strategy Committee and the Engineering Department. It is the first Ferretti yacht featuring exteriors designed by architect Filippo Salvetti. Measuring 66 feet 5 inches (20.24 meters), it offers three spacious cabins on the lower deck and can host up to 18 day guests.
Ferretti 860
At 88 feet 5 inches (26.95 meters), the Ferretti 860 marks the entry of the Ferretti Yachts flybridge range into the superyacht segment. Built by the shipyard in Cattolica, this model showcases cutting-edge design and technology solutions. The interior features four guest cabins, including a full-beam master stateroom, and offers space for a jacuzzi on the sundeck, along with ample storage for a tender in the garage.
Ferretti 920
Stretching 93 feet 6 inches (28.49 meters), the Ferretti 920 is the second-largest model in the Flybridge range. It boasts customizable interiors, including a full-beam master suite and the option of either four or five additional staterooms. Designed for long voyages, the Ferretti 920 provides generous space both inside and out, achieving a cruising range of approximately 350 nautical miles at a speed of 26 knots.
Ferretti 1000
The Ferretti 1000, measuring over 98 feet (30 meters), is available in two versions: a traditional flybridge and a Skydeck version, featuring an enclosed lounge and dining area on the flybridge for added privacy and protection from the elements. The shipyard's flagship model involved extensive development, including 40,000 hours of concept work, 4,250 hours of naval design, and 9,650 hours of prototyping. Like other models, the interior can be customized in either a classic or modern style, featuring a total of five cabins, including a full-beam master suite.
With its rich heritage, innovative technologies, and unwavering commitment to luxury, Ferretti continues to set the standard in the world of yachting.