The Group’s latest financial report reveals that 88.1% of this revenue was driven by shipbuilding, while the remaining 11.9% stemmed from refit operations. As of September 30, 2024, TISG’s order book—encompassing both shipbuilding and refit activities—had a gross value of €1.28 billion, reflecting a slight decline from the €1.32 billion reported at the end of the previous quarter.

TISG recorded an EBITDA of €50.1 million for the nine-month period, representing a robust 16% year-on-year increase and achieving an EBITDA margin of 17.2%. This improved operating margin is attributed to stringent cost management, enhanced production efficiencies, capacity expansion, and scaled operations.

The Group also reported investments amounting to €7.2 million during the period, with €2.2 million invested in Q3 alone. These investments focus on internalizing steel work for yacht interiors and expanding its Marina di Carrara headquarters.