Italy · Delayed Price · Currency is EUR Sanlorenzo Earnings Call Transcripts
Fiscal Year 2026
-
H1 2026 saw robust growth in revenue, profit, and order intake, led by Superyacht and strong APAC/Americas performance. Backlog and cash generation remain high, with new models and market expansion supporting a positive outlook.
-
Revenue, EBITDA, and net profit all grew strongly year-on-year, supported by a robust backlog and high order intake. Guidance remains conservative due to geopolitical risks, but upside potential exists from market stabilization, refit, and new geographies.
Fiscal Year 2025
-
Revenue grew 3.2% year-over-year with strong order intake and robust profitability, driven by superyacht and Nautor Swan divisions. Americas and APAC regions showed significant growth, and the backlog provides strong future visibility. Guidance for 2026 will be presented in May.
-
Full-year 2025 saw resilient growth, with revenue up 3.2% and net profit rising 4.2% year-on-year, driven by strong order intake, new model launches, and global expansion. Early 2026 order trends are positive, with robust backlog and plans for further production capacity.
-
Sustained growth in 2025 with net revenue up 3.2% and net profit up 4.1% year-on-year, driven by strong order intake, new model launches, and robust performance in Europe and the Americas. Guidance for 2025 is confirmed, with high visibility into 2026 and beyond.
-
Net revenue grew 9.4% year-over-year to €454.1M, with EBITDA up 8.5% and net profit up 7%. Order intake surged 30% year-over-year, and backlog remains robust, supporting confirmed 2025 guidance. New product launches and direct distribution expansion drive future growth.
-
Q1 2025 delivered strong growth with net revenue up 9.6% and net profit up 80% year-over-year, driven by Superyacht and Nautos One divisions. Backlog remains robust, covering 71% of 2025 guidance, and management confirmed the outlook despite U.S. tariff uncertainties.
Fiscal Year 2024
-
2024 saw double-digit revenue and profit growth, led by the Superyacht Division and strong performance in the Americas and Middle East. Conservative 2025 guidance reflects geopolitical uncertainty, but a robust backlog and new product launches support continued stability and growth.
-
Full-year 2024 saw double-digit revenue and EBITDA growth, strong backlog, and successful integration of acquisitions. Market normalization continues, with robust performance in the Americas and MEA, and new sustainability initiatives and product lines set to drive future growth.
-
Q3 2024 saw strong revenue and profit growth, record backlog, and robust performance across divisions, with guidance confirmed despite geopolitical headwinds. Accelerated net working capital reabsorption and strategic acquisitions support future growth, while order intake remains solid.
-
H1 2024 saw 6.9% revenue growth and 11.6% net profit increase, with strong Superyacht and Bluegame performance. The Swan acquisition added double-digit EBITDA margin and a €160 million backlog, while the order book remains robust and guidance for 2024 is confirmed.