Azimut/Benetti Group at the Cannes Yachting Festival 2015

Cannes - In Europe, the 2014/2015 season closed with an increase in market share which, in this area, represents a third of total volumes.

Cannes - For the Azimut/Benetti Group, the 2015/2016 nautical season will open with significant news aimed at strengthening growth strategies and development of all the markets of reference. With a value of production of over 650 million euros, an increase of about 10% over last year, 265 yachts delivered and a healthy financial position, the sales forecast for the 2014-2015 season shows a positive trend which can be interpreted as sign of a partial recovery of the market. The market scenario is very complex and dynamic for the Group which, during these times of relative instability, has nonetheless worked to strengthen its dealership network all around the world while increasingly working towards having a direct presence in each territory. The aim is to protect and nurture markets, not with a multi-brand distributor, but with exclusive distribution of the Azimut Yachts brand in partnership with the best operators available in these territories. This therefore means markets that are directly and professionally nurtured by experts with local knowledge, customer services provided by Group staff and brand exclusivity.

In Europe, the 2014/2015 season closed with an increase in market share which, in this area, represents a third of total volumes. There was an increase in the sales of new models from the up to 50 feet category. Central and North America were the markets of reference for the Group with significant growth in Latin America. A slight drop in the Asia Pacific area which reflects the recent economic downturn in China. This remains however a territory in which the Group has a firm hold and keeps its position of absolute leadership of the market. There has been a very interesting upturn in the Middle East which has been to the benefit of a new and highly efficient distribution network. In Brazil, sales are going well but are slightly penalised by devaluation of the local currency. All in all, an excellent season for Benetti with 18 signed contracts of which 5 were for Custom builds over 50 metres. This also demonstrates the effectiveness of the sales strategy and the superb production capacity of the Italian Megayacht shipyard.

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