The Italian Sea Group – 9M24 Results
Analysis of the 9M24 results that The Italian Sea Group has published today. The Italian Sea Group is an italian company specialized in the manufacturing of luxury yachts (mainly +50m length), which went public in June 2021 and currently trades with a market cap of €380MM. You can find the investment thesis and financial model of this company, which we have followed since its IPO, on our Equity Research section
The Italian Sea Group 9M24 Results
The Italian Sea Group 9M24 Results
The Italian Sea Group reported 9M24 results in line with expectations, showing revenue and EBITDA growth above 10%.
- Revenue: €292.13 million (+12.5%)
- EBITDA: €50.1 million (+16% YoY)
