(Alliance News) - Bellini Nautica Spa announced on Wednesday that it has drafted its new business plan 2024-2027, in order to consider the startup of the business line headed by Bellini Yacht, intended for the production and sale of boats between 36 and 66 feet.

In detail, revenues are expected at EUR19.4-21.5 million in 2024, EUR31.7-35.1 million in 2025, EUR40.9-47.1 million in 2026, and EUR49.7-60.7 million in 2027.

Same growth trend for Ebitda, expected at EUR1.2-1.5 million this year, EUR3.2-3.9 million next year, EUR5.0-6.7 million in 2026 and EUR7.3-10.9 million at the end of the plan.

Debt is projected at EUR3.3-3.6 million in 2024, EUR2.3-2.5 million in 2025, EUR600,000-700,000 in 2026, and a cash position of EUR2.3 million to EUR2.8 million at the end of the plan.

Battista Bellini, the company's CEO, said, "Over the past few years, we have been working and preparing to welcome to our team resources of primary experience in the boat manufacturing sector and created a chain of suppliers and collaborators that would allow us to play this game right from the start in the best possible way. We still have a lot of work to do, but the building blocks created, first and foremost the Italian Dealer distribution network, allow us to get off to a full start commercially as well."

"We are guided by the same philosophy and approach to work that have distinguished us until now: experimentation, method and constancy. As of today, the Bellini Group is, first and foremost, a manufacturing site, which is the result of all the knowledge, experience and workforce capitalized over all these years, and today even more than yesterday our future is clearly outlined."

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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