HanseYachts AG maintains profitability amid revenue decline

HanseYachts AG today announces its preliminary financial results for the first half of fiscal year 2025 (YTD June).

Preliminary Key Financial Highlights (YTD June 2025 vs. YTD June 2024):

• Revenue: 77,37 million € (previous year: 90,70 million €)
• Operating EBITDA: 6,15 million € (up from 3,95 million €) *
• Operating Result: 1,08 million € (up from -1,18 million €) *

The revenue decline reflects broader market conditions impacting the global boatbuilding industry. Nevertheless, HanseYachts delivered a significant improvement in profitability.

Strong Operating Performance

Operating EBITDA rose to 6,15 million €, reflecting the impact of efficiency initiatives, optimized production workflows, and a more focused sales approach. The results confirm the company’s return to sustainable operating performance in its core business.

Productive discussions with the financing banks, the federal state, and the previous majority shareholder have resulted in an agreement on a comprehensive debt waiver, which has had a positive effect on the Profit including restructuring effects: Net Profit including Restructuring Effects: 23,16 million €.

Hanjo Runde, CEO HanseYachts AG, commented:

“The current market environment remains marked by uncertainty, with customer sentiment noticeably subdued across the global yacht market. Against this backdrop, our team delivered a strong performance in the first half of the year, which we can build on. We have taken targeted steps to position ourselves robustly -both operationally and strategically- even as the overall development of the market remains to be seen.”