04 January 2019

Industry News: Ferretti Group one of the top players in the nautical market

2018 ended on a high for Bromfields and it's clients with the last sale of the year being brokered on a Pershing 46. It comes as little surprise that this performance composite motor yacht would peak buyers interest. As part of the Ferretti Group, Pershing Yachts played it's part in securing the Group the top two places amongst fellow world leaders in the nautical market.

This ranking, reported by the Global Order Book 2019, highlights an impressive 4.6% increase in projects carried out by the group over the last year as part of it's targetted growth strategy, implemented through continued focus and investment in areas of research and development, resulting in a complete regeneration of the group's product range.

With over 170 years of history, the Ferretti Group, made up of seven brands including the likes of Pershing, Riva and Itama yachts, and production facilities in Ancona, Forlì, Cattolica, Mondolfo, La Spezia and Sarnico, Italy, the group finds itself uniquely situated within the nautical market, offering a complete range of boats, in terms of design, size and production. Securing, not only the Ferretti Group's stronghold on the industries market, but signalling a strong Italian presence in the nautical industry as a whole.

CEO of the Ferretti Group, Alberto Galassi concludes,

"Italy once again stands out in the ranking for the production of yachts over 24 metres, and our Group grows at surprising and unstoppable speed. Excellence and innovation, supported by industrial and financial solidity, have driven the extraordinary results of 2018 in terms of profits and revenues"

Article source: Pershing Yachts