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    Home > Finance > Italian Sea Group's nine-month net profit falls 56%
    Finance

    Italian Sea Group's nine-month net profit falls 56%

    Published by Global Banking & Finance Review®

    Posted on November 12, 2025

    1 min read

    Last updated: January 21, 2026

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    Tags:corporate profitsfinancial crisisinvestment portfoliosfinancial communitycapital and liquidity

    Quick Summary

    Italian Sea Group's nine-month net profit decreased by 56% to €16.6M, with a 15% drop in core profit. However, annual earnings guidance is unchanged.

    Italian Sea Group's nine-month net profit falls 56%

    (Reuters) -Luxury yacht maker Italian Sea Group's net profit for the first nine months of the year slumped by 56% year on year to 16.6 million euros ($19.36 million), it said on Wednesday.

    The company also posted a 15% drop in core profit to 42.6 million euros but said that its annual earnings guidance remains unchanged.

    ($1 = 0.8575 euros)

    (Reporting by Laura ContemoriEditing by David Goodman)

    Key Takeaways

    • •Italian Sea Group's net profit fell 56% in nine months.
    • •Core profit dropped by 15% to €42.6 million.
    • •Annual earnings guidance remains unchanged.
    • •Net profit is €16.6 million, down from last year.
    • •Exchange rate: $1 equals 0.8575 euros.

    Frequently Asked Questions about Italian Sea Group's nine-month net profit falls 56%

    1What is net profit?

    Net profit is the amount of money a company earns after all expenses, taxes, and costs have been deducted from total revenue. It is an important indicator of a company's profitability.

    2What is core profit?

    Core profit refers to the profit a company makes from its primary business operations, excluding any income derived from non-operational sources such as investments or sales of assets.

    3What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops significantly, leading to a loss of confidence and potential economic downturn.

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