Novamarine S.P.A.
MMIL:NOVA8.00
EUR
+0.30
(+3.90%)
ISIN
IT0005605701
Return %
Stock
S&P 500
1Y
8.11
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
EUR
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in mil. unless spec.Working Capital
EUR
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in mil. unless spec.Growth Rates
EUR
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in mil. unless spec.Semi-annual Revenue
EUR
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in mil. unless spec.Semi-annual Earnings Per Share
EUR
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in mil. unless spec.Semi-annual Dividends Per Share
EUR
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in mil. unless spec.Company Description
- CEO
- Francesco Pirro
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Olbia Italy
- IPO Date
- Jul 30, 2024
- Website
- novamarine.com
- Similar Companies
- Business
- Novamarine S.p.A. is an Italy-based company engaged in the design, engineering, manufacturing, and commercialization of luxury high-performance rigid inflatable boats (RIBs), open cruisers, and specialized marine craft. The company specializes in bespoke, unsinkable vessels featuring proprietary closed-cell foam collar technology and advanced composite construction. Novamarine structures its offerings across diverse product lines and marine services, which include: the Black Shiver line, comprising high-end maxi-RIBs, luxury day boats, and superyacht tenders ranging from 8.5 to 22 meters; the HD (Heavy Duty) series, consisting of rugged offshore multi-purpose craft for recreational and professional applications; custom superyacht chase boats, tailored to individual client specifications with bespoke interior layouts and luxury finishes; professional and defense craft, offering tactical, patrol, and rescue vessels for governmental, military, and commercial maritime authorities; and comprehensive marine services, encompassing vessel refit, maintenance, customization, storage, after-sales technical support, and spare parts supply. The company equips its hulls with customizable propulsion systems, including outboard, inboard diesel, surface drive, and waterjet configurations. Founded in 1983 and headquartered in Olbia, Sardinia, Italy, Novamarine S.p.A. caters to high-net-worth individuals, superyacht owners, corporate charter operators, and defense agencies. The company manages shipyard and production facilities in Olbia and distributes its vessels across Europe, North America, the Middle East, and the Asia-Pacific region through direct sales and an international network of certified dealers and service points. In recent developments, Novamarine S.p.A. completed its initial public offering (IPO) on the Euronext Growth Milan market of Borsa Italiana in 2024 to finance industrial growth and international commercial expansion. Operationally, the company has undertaken an expansion of its production infrastructure in Sardinia to increase shipyard capacity for vessels exceeding 20 meters, supporting the rollout of new flagship models within the Black Shiver series. Novamarine has also strengthened its global distribution footprint by establishing new dealership partnerships in the United States and the Gulf region, while advancing research and development into hybrid propulsion integration and lightweight composite materials.