Earnings Deep Dive: Sanlorenzo's Q4 Revenue +22% YoY as Order Book Tops €1B
Luxury Yacht Maker Shows Resilience with Strong Americas Recovery
Welcome to my Substack, where I delve into the world of truly undiscovered companies from across the globe. Everyone is talking about the same 200-300 stocks, but there are more than 55,000 publicly traded companies in the world. Here, we explore hidden gems in the financial markets that often fly under the radar of mainstream analysts and investors.
Sanlorenzo: Q4 Revenue +22% YoY as Order Book Tops €1B
Luxury Yacht Maker Shows Resilience with Strong Americas Recovery and Sustainable Innovation Push
Sanlorenzo (BIT: SL), the Italian luxury yacht manufacturer, reported solid FY2024 results with revenue growth of 10.7% compared to 2023 to €930.4 million and improved profitability despite challenging market conditions. The company's performance was marked by geographic diversification, strategic acquisitions, and continued innovation in sustainable technologies.