The net profit amounted to €40.9 million, demonstrating a noteworthy surge of 36.8% compared to H1 2022.Moreover, the order intake for H1 2023 totaled €573.8 million, contributing to the group's strong performance. The margin stood at 14.7%, reflecting an impressive rise of 120 basis points from the previous year. The group's revenue amounted to €580.8 million, representing an 8.6% rise from the previous year.The Adjusted EBITDA also saw substantial growth, reaching €83.4 million, marking a remarkable increase of 20.9% compared to H1 2022. The order backlog reached €1.4 billion, indicating a remarkable 15.8% increase compared to H1 2022. Popular models ranging from 52 to 150 feet include motor yachts, superyachts, power catamarans, expedition yachts, and fast displacement motor yachts.Credits: Horizon Yachtsįerretti Group Demonstrates Robust Performance in H1 2023Ferretti Group has reported strong performance in the first half of 2023, showcasing impressive financial results. In the past three decades, Horizon has delivered over 855 luxury yachts, with more than 220 of these over 80 feet in length. Vin Xan is powered by twin Caterpillar C32A engines and includes a custom drum winch designed for reef anchoring.Founded in 1987, Horizon Yachts has celebrated 35 years as one of the largest luxury yacht builders in the world as well as the number one builder in the Asia Pacific region. The foredeck features a large sunpad and a U-shaped seating area for sunbathing.The yacht's beach club is spacious and equipped with custom storage for the owner's fishing and diving equipment, as well as a laundry area. The skylounge offers both lounging and dining areas, complete with an alfresco dining space featuring a barbeque. The full-beam master suite is located on the main deck, while the lower deck houses two VIP suites and two convertible twin cabins, each adorned with custom artwork on the stateroom doors provided by the owner.Vin Xan's exterior spaces are designed for outdoor entertainment and an active lifestyle. Swarovski crystal lighting illuminates a bespoke custom ebony dining table where up to 10 guests can enjoy meals.Accommodating up to 10 guests, Vin Xan features a five stateroom layout. She also houses a fold-down television, lift-up wet bar, and LED lighting surrounding a stone countertop that complements the aft deck dining area.The main saloon and dining area are distinctly separated by a raised overhead design. The main saloon showcases a high ceiling, large picture windows, and an L-shaped sofa. The yacht's naval architecture was handled by Espinosa Yacht Design.Inside, Vin Xan exudes sophistication with South American walnut and ebony elements throughout. As the largest Horizon yacht sold in Australia, Vin Xan was highly customized to cater to the owner's preferences.Featuring an FD Series high-performance piercing bow, Vin Xan boasts a spacious saloon as the raised pilothouse was omitted. The 38-meter motor yacht Vin Xan, delivered in 2023, was specially designed for an Australian owner who had previously owned an RP100 yacht.
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