Business · Companies · 7 hrs ago
Sanlorenzo orders rise for ninth straight month as revenue and profit grow
Italian yacht maker Sanlorenzo’s order intake rose 16.4% year on year to €803.1 million, marking a ninth straight month of growth.
For the period to September 30, revenue from new boats increased 3.1% to €711.3 million, while EBITDA rose 2.5% to €131.2 million.
Group net profit increased 4.1% to €79.1 million, and free cash flow was €77.2 million, compared with cash used of €12.6 million in the same period a year earlier.
Its net backlog reached €1.094 billion, representing revenue from signed contracts that has yet to be recorded.
The Superyacht division was the main driver of new-boat revenue growth, with sales up 8.9% to €226 million.
Markets outside Europe made up 48.5% of new-boat revenue, up from 36.5% a year earlier, as sales grew in the Americas and Asia-Pacific.
Sanlorenzo kept its 2026 guidance and 2026–2028 plan targets, citing solid demand and strong visibility on future revenue.
Sanlorenzo said orders had increased for the ninth consecutive month, with order intake reaching €803.1 million, up 16.4% year on year.
For the nine months to September 30, net revenue from new yachts rose 3.1% to €711.3 million.
Group net profit increased 4.1% to €79.1 million, while EBITDA rose 2.5% to €131.2 million.
Net backlog stood at €1,094.3 million, up 7.4% from September 2025.
The company confirmed its 2026 guidance and its 2026–2028 business plan targets, citing solid demand and strong visibility on future revenue.
- Who
- Sanlorenzo, the yacht maker chaired by Massimo Perotti.
- What
- Orders rose for the ninth consecutive month as revenue and profit increased.
- When
- The financial update covered results to September 30; it was published on November 12, 2026.
- Where
- Not stated
- Why
- Sanlorenzo cited solid demand and growing customer interest in wellbeing; the Superyacht division was the main driver of new-yacht revenue growth.
This story does not have two clearly opposing sides.
Sanlorenzo reported its financial position and results for the nine months to this date.
Sanlorenzo said sales at Nautor Swan had recovered so far in the quarter, supporting its expectation that the division would meet its 2026 forecasts.
- Order intake
- €803.1 million, up 16.4% year on year
- New-yacht revenue
- €711.3 million, up 3.1%
- Group net profit
- €79.1 million, up 4.1%
- Net backlog
- €1,094.3 million, up 7.4% from September 2025
- Net cash position
- €56.0 million at September 30, after €37.1 million in dividend payments
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What people are saying
Our ability to bring new ideas to yachting is finding favour with customers who place growing value on wellbeing
The consistency and quality of the order book continue to ensure the group has high visibility on future revenue and allow disciplined planning of production slots