The day prior to the Cannes Yachting Festival, Sanlorenzo Yachts revealed that in the first half of 2024, the Italian shipyard achieved significant milestones on its journey toward the ambitious goal of carbon neutrality by 2030, proving its central role as a pioneer in the sustainability of the yachting industry.

Financial Data

At the annual press conference held during the Cannes Yachting Festival, which marks the opening of the boat show season, Massimo Perotti, Executive Chairman and CEO of Sanlorenzo, presented the financial results for the first half of 2024: with Net Revenues from the sale of new yachts of €415.1 million, a 6.9 percent increase compared to the first half of 2023. Sanlorenzo in the first half achieved an EBITDA of €74.2 million (+9.7 percent) and a net profit of €43.6 million (+11.6 percent). Net organic investments in the first half totaled €20.5 million, a 56 percent increase with respect to the same period in 2023, with approximately 90 percent dedicated to expanding industrial capacity and developing new models and product ranges.