The Malta Independent 13 August 2026, Thursday
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Brilliant Results, company bucks the trend

Malta Independent Wednesday, 12 May 2010, 00:00 Last update: about 17 years ago

Since the beginning of the year the turnover of Azimut-Benetti Group, for the last 40 years one of the leading companies at international level in the luxury nautical market, has resumed a positive growth trend, +20% compared to the same period last year.

The optimism at the headquarters in Avigliana is also due to the healthy state of the orders portfolio: at 30 March 2010, i.e. just over halfway through the nautical year (1 September – 31 August), the Group has orders for 90% of its budget, approximately 50% more than at the same date last year.

In terms of end customer sales, this translates into approximately 250 yachts sold, as against just over 150 in the same period last year. This is proof that, after a year of stagnation, the nautical market has regained confidence and that customers are buying once again, although only from shipyards that guarantee solidity and product innovation.

The company therefore has good reason to be confident about the next few months, which are traditionally decisive for sales, and looks forward to closing the year with turnover and profit margins on the increase.

Given the equity of the company, equal to €300 million, the solidity of the Group is evident and, against a background of widespread financial instability in the sector, it confirms its leadership even more forcefully.

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