The Fall “boatshow season” unofficially begins at the Cannes Yachting Festival that takes place from 11-16 September. With over 500 new yachts on display, and over 150 models making their World debut, there’s no shortage of new, fast, large, and expensive yachts to see.
While announcing that the consolidated value of production is up 11%, the Ferretti Group confirms their presence at the Cannes Yachting Festival in September with five new models from Riva, Custom Line and Ferretti Yachts.
Ferretti Group brings five new models to the Cannes Yachting Festival 2018“Cannes is like a grand gala, one comes to shine and leave a mark. This year we participate with the fleet of wonders: 25 magnificent yachts, with 5 world premières representing 3 of our brands” – said Alberto Galassi, CEO of Ferretti Group.
These models will also be flanked by an impressive fleet of 25 other models. Distinguished by style and design, comfort and liveability, technological innovations and performance, said a spokesman, models making their debut are the Ferretti Yachts 670, Custom Line 120, Custom Line Navetta 42, Riva 110 Dolcevita, and the Riva 66 Ribelle.
As at August 31st, 2018, Ferretti Group recorded a consolidated order book for serial brands equal to 218 million Euros, in line with the budget estimates for the current financial year. The Group expects to close the year with a total purchase order for serial brands of 450 million Euros, confirming and consolidating the extraordinary result already achieved in 2017.
After the first 8 months of 2018, the Group achieved consolidated revenues of 420 million Euros, +22% compared to the same period of 2017 (344 M€). The estimates for 2018 are confirmed, which foresee a production value of 704 million euros.
The Ferretti Yachts 670 “further raises the levels of elegance, comfort and performance that have always been part of the DNA of the historic brand, which this year celebrates its 50th anniversary”.
“As always, the show is also an opportunity to make an initial assessment of the brilliant results achieved this year. The figures for the first eight months of 2018, characterized in particular by a production value higher than last year of 22%, confirm that we are on the right course. No miracle, everyone has been working hard, and the awareness of our strength, keeping year after year the commitment to invest in product development, production capacity and technological innovation. As evidence of the effectiveness of a growth strategy based on the constant renewal of our product range, almost 70% of revenues is the result of the success of the serial models presented in the last four years.
The Ferretti Group stand is set up in the Espace Riviera, #PALAIS102 JETEE 012 exhibition area, while Custom Line yachts are moored at the Super Yacht Extension, in front of the SYE193 lounge. At JETEE 008 pier visitors can admire Pershing, Itama, Ferretti Yachts and Riva fleets, moored in front of their respective lounges.
The world premiere of Ferretti Group at Cannes Yachting Festival 2018:
Custom Line 120′ is the first yacht of the brand designed by Francesco Paszkowski Design: the sporty lines match a planing hull made of carbon fiber, and built by assembling different sections built separately.
Navetta 42 is the largest model among the semi-displacement ones for the brand. Designed by Studio Zuccon International Project together with the Ferretti offices, she boasts a range of over 3,000 nautical miles.
Ferretti Yachts 670 Ferretti Yachts 670 further raises the levels of elegance, comfort, and performance which this year celebrates its 50th anniversary. Characterised by excellent optimisation of the space, both interior and exterior, in its 67 feet (20.24 metres) the 670 features solutions typical of much larger vessels. These include the large flybridge with its area of 25 square metres that makes it one of the most competitive yachts in its category, and the bow that features a living space that can be converted into a spacious relaxation area, a true innovation in terms of liveability and comfort.
Riva 110 Dolcevita has just been launched in an exclusive event at the Yacht Club de Monaco. It’s the new fiberglass flagship of the fleet and the second-born, following Riva 100’ Corsaro, of the brand’s updated flybridge range. Like a luxurious loft, open to the sea on every side, Riva 110’ Dolcevita offers 270° of absolute visibility and enables the lounge to reach a height of 2.30 metres, thanks to a large stainless steel frame that supports the superstructure, acting as a frame for the floor-to-ceiling windows.
Riva 66 ‘Ribelle: For sure the design is by Mauro Micheli and Sergio Beretta of Officina Italiana Design, it is the largest model among those built in the historic shipyard of Sarnico on Lake Iseo. And it is the product of the collaboration between Officina Italiana Design and Ferretti Group’s Product Strategy Committee and Engineering Department.
The exterior lines repeat and evolve from those of the latest models of the Riva range through the introduction of new aesthetic and functional elements and the use of the high-quality materials typical of the shipyard’s tradition, such as mahogany and stainless steel.