BY APB Staff on 26 Jan 2023

The builder also revealed details of its latest business strategies and project decisions.

Ferretti Yachts 580 Boot 2023_Low

Ferretti Yachts 580 at Boot Düsseldorf 2023

Ferretti Group has kicked off 2023 at Boot Düsseldorf with the premiere of its new Ferretti Yachts 580 luxury flybridge motorboat, which will be available in two colourways.

At a press conference, held on Saturday January 21 during Boot, the builder revealed further details of its upcoming models and also delved into the latest business strategies and project decisions.

The firm says 2022 was “decisive” in terms of new models and extending the range, with 54 models (of which four are sailing boats) against 42 in 2021.

The new yachts from the Pershing, Wally, Riva, Custom Line, CRN, Itama and Ferretti Yachts brands are said to be the result of a “robust investment plan” worth €68m in the first nine months of 2022 alone. Investments in recent years have served to boost production capacity and the group says it now has around 290,000 square metres at its various sites, up 14.5 per cent on 2021, showing a strong positive trend also reflected in the financial results for Q3 2022, with revenues at €781.1m and an order backlog close on €1.4bn.

“This is just the beginning, as I tell all the many people who compliment us on our boats and results, and I’m not just talking about the start of 2023 of course. We’ve been determined in recent years to focus on the long term and fuel Ferretti Group’s growth with all the right ingredients: investments in innovation and sustainability, sustained recruitment of high-flying young talents, and initiatives to build on our brands, which are unique in their appeal, history and prestige,” says Ferretti Group CEO Alberto Galassi. “This, in addition to the extremely positive signals we keep getting from the market, is why I’m expecting an exciting 2023, in terms of both orders and all the beauty and wonder that our boats will be bringing to the international yachting scene.”

The conference also discussed new models and projects from the group’s brands, ranging from Wally and its new wallypower58X project, a powerful sterndrive in the wallypower range, to progress reports on the wallywhy150, which will make its world debut at the Venice Boat Show 2023. The engine on the wallywhy150 has already been installed and the hull-to-deck joint completed, as well as on the wallywhy100.

Construction is also proceeding briskly on the wally101 full custom performance cruiser, the latest generation cruiser-racer built from carbon-fibre sandwich laminate that will be launched in the spring.

The main developments at Pershing include the new GTX 116 and the GTX80 project, which is to accompany the flagship from 2024 onward.

Another revelation during the conference was the official name of the latest project from Riva, the Riva 82’ Diva. In addition, Custom Line presented its Navetta 38, said to be the first Navetta to have a deck level with the water.  

Ferretti Yachts also presented the first model in the new InFYnito range, Ferretti Yachts InFYnito 90.