GLOBAL LEADERSHIP
Sanlorenzo is a leading global brand in terms of number of yachts over 30 meters long.
It is the only player in the luxury yachting industry to compete in different segments with a single brand, manufacturing “made to measure” yachts and superyachts customized for each client, characterized by a distinctive and timeless design.
Sanlorenzo’s manufacturing activities are carried out through four shipyards located in La Spezia (SP), Ameglia (SP), Viareggio (LU) and Massa (MS), synergistically and strategically located in the proximity.
The production is divided into three divisions:
- Yacht Division – composite 24-38 meters yachts
- Superyacht Division – 40-68 meters aluminum and steel superyachts
- Bluegame Division – 13-22 meters sports utility yachts in composite
The Group employs approximately 480 people. In addition, the Group cooperates with a network of 1,500 qualified artisan companies and leverages on an international distribution network and a widespread service network for customers worldwide.
Sanlorenzo was founded in 1958 in Limite Sull'Arno (FI), a small city known throughout the world as the cradle of Italian shipbuilding.
In 1974 the majority was acquired by Giovanni Jannetti, who created the myth of Sanlorenzo producing every year a limited number of yachts characterized by a unique, highly recognizable style, comfort and safety, focusing on a sophisticated customer base.
In 2005, Massimo Perotti, Executive Chairman, acquires the majority of the Company, guiding Sanlorenzo's growth by preserving the heritage of the brand and developing it on international markets.
FINANCIAL HIGHLIGHTS
| (in million € and in % on Net Revenues New Yachts) | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|
| Net Revenues New Yachts | 221.7 | 231.0 | 327.3 | 455.9 |
| EBITDA adjusted (1) | 30.0 | 28.9 | 38.1 | 66.0 |
| EBITDA Margin adjusted (1) | 13.5% | 12.5% | 11.6% | 14.5% |
| Group net income | 11.5 | 10.2 | 12.4 | 27.0 |
| Capex | 9.3 | 18.5 | 46.3 | 51.4 |
| Net financial position | 41.4 | 36.3 | 23.0 | 9.1 |
(1) net of extraordinary items
INTERNATIONAL PRESENCE
The map and the graph below show the consolidated Net Revenues New Yachts of Sanlorenzo by division and by geographical area in 2019.
