Ferretti cuts 2026 guidance amid slower yacht market
Italian yacht builder Ferretti reduced its full-year guidance for the second straight quarter due to geopolitical uncertainty and slower purchase decisions. Adjusted core profit and order intake declined during the first nine months of the year, prompting targeted performance actions.
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FERRETTI SPA lowered its 2026 adjusted EBITDA outlook to €174-185 million on Tuesday morning, marking its second consecutive quarterly guidance cut. The luxury yacht builder based in Italy faced headwinds as buyers extended decision timelines amid geopolitical uncertainty. The downward revision reflects persistent demand softening in key international markets outside Europe.
