Palma International Boat Show, 25-28 April 2024

Celebrating its 40th Anniversary this year, the Palma International Boat Show will be taking place 25 – 28 April 2024 in Palma’s Moll Vell marina.

As one of the largest on-water boat shows in Europe with over 600 yachts in display from 270 plus exhibitors, the show is well worth the short flight to Mallorca.

From this unique setting at the foot of a cathedral, the expert team from Sanlorenzo Yachts UK will be presenting two exquisite but distinct yachts from Sanlorenzo, and two game changing craft from Bluegame, a brand of Sanlorenzo.

Sanlorenzo SP110

The first model in Sanlorenzo’s Smart Performance (SP) line, the SP110 breaks the mould, offering top performance while ensuring maximum comfort at all speeds.

Accommodating up to eight guests, and five crew, in style and dynamic refinement, this sporty yacht has a cruising speed of 35 knots (max. 40 knots) driven by an extremely efficient waterjet propulsion system.

Large sliding doors in the main saloon afford views from the passerelle straight into the yacht’s cavernous interior with its double-height loft style configuration.

The intentionally simple exterior lines by naval architect Bernado Zuccon, chic Lissoni & Partners interiors and eco-conscious power package make the SP110 a standout in the sports yacht market.

Sanlorenzo SP110

Sanlorenzo SD96

Built over three decks, the SD96 is one of the most popular models from Sanlorenzo’s semi-displacement (SD) series, which draws design inspiration from the trans-Atlantic liners of the 1930s, combining luxury with functionality.

With carefully considered proportions and an excellent balance of design and volume, the SD96 is as light and manageable as a two-deck yacht, while accommodating up to ten guests and five crew in comfort and style, without compromising on performance at sea.

An advanced hull design, twin MAN 8V 1300HP engines, and cutting-edge technology contribute to smooth, efficient cruising and exceptional manoeuvrability, allowing owners to explore on the water with confidence.

Sanlorenzo SD96

Bluegame BG74

The Bluegame BG74 is a ground-breaking open motor yacht that rivals the exterior space of larger flybridge yachts on the market. Comfortable interior areas flow effortlessly from the deck to the saloon, creating a unique connection with the sea from anywhere onboard.

Expertly designed by architect Luca Santella, a professional yachtsman and Olympic champion, the BG74 combines power with luxurious comfort.

Bluegame BG54

Completely redesigned to benefit from the most up-to-date technology, this Bluegame BG54 is defined by class leading ergonomics and functionality.

The large stern space and 360° cockpit offer breath taking views which can be enjoyed from the comfortable seating surrounding the extendable table. Designed for safe navigation in all weather conditions, the wheelhouse remains unsurpassed for maximum visibility with the distinctive reverse windshield.

For more information on these four remarkable yachts, to book a viewing at Palma International Boat Show, or to discuss options prior to the show including part-exchange, finance, crew, management and berthing, please contact the Sanlorenzo Yachts UK team via [email protected] or +44 (0) 2380 450 001.

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Sanlorenzo 2023 consolidated results demonstrate strength of the brand

Sanlorenzo’s 2023 consolidated results, which have now been approved by the board, show increased turnover and profitability, demonstrate the strength of the brand with revenue growth set to continue at a sustainable rate in 2024, in line with the company’s strategic targets.

The consolidated results for the year ended 31 December 2023 included:

  • Net revenues from the sale of new yachts (Net Revenues New Yachts) confirmed at €840.2 million, +13.4% compared to 2022
  • EBITDA confirmed at €157.5 million, +21.5% compared to 2022, margin on Net Revenues New Yachts equal to 18.7%, +120 basis points – this marginal expansion reflects the unique market positioning of the brand, the ongoing desirability of the yachts, paired with supply scarcity, a specific part of the Sanlorenzo business model
  • EBIT at €125.9 million, +22.5% compared to 2022, margin on Net Revenues New Yachts equal to 15.0%, +110 basis points, exceeding 16% in both Q3 and Q4 and reflecting an optimised fixed asset base in relation to the generated operating profit, notwithstanding the continuous expansionary capex carried out to sustain future growth
  • Group net profit at €92.8 million, +25.2% compared to 2022, also exceeding the top of the range of 2023 Guidance (€86-89 million), owing to an increasingly optimised treasury management. Margin on Net Revenues New Yachts equal to 11.1%, +110 basis points
  • Organic net investments confirmed for €44.5 million, a 5.3% incidence on Net Revenues New Yachts, of which 90% are expansionary, dedicated to production capacity increase and to develop new models and lines
  • Net cash position confirmed at €140.5 million as of 31 December 2023. Strong cash generation equal to €40.2 million, net of €22.9 million dividends distribution, €3.3 million share buy-back, €44.5 million organic net investments, as well as €11.3 million impact on NFP from the consolidation of Duerre and Sea Energy. Therefore, NFP, on a like-for-like basis, would amount to €151.8 million
  • Net backlog equal to €1,041.7 million as of 31 December 2023, 90% sold to final clients, of which €587.1 million referring to 2024 and €454.6 million to following years, providing a high level of visibility over a broad timeframe.

 

The Board of Directors has also proposed a dividend of €1.0 per share, equal to about 38% of Group net profit, +52% of 2022 dividend per share.

“The year 2023 confirms the substance of our reality, an icon of Made in Italy that embodies the highest range of ‘made-to-measure beauty’, combining it with the most advanced engineering and technological expertise,” commented Massimo Perotti, Sanlorenzo’s Chairman and Chief Executive Officer.

“A rare gem, which reflects its uniqueness in the quality of the numbers that I am proud to present once again.Today we release the Guidance for 2024, in continuity with the path of harmonious and profitable organic growth we foresee for the long-term.

“The strength of our balance sheet, paired with a cashflow generation on a consistent basis, allow us to take advantage of acquisition opportunities that arise in the market, while remunerating our Shareholders with a solid dividend growth and keeping a robust and balanced financial profile.”

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Bespoke Sanlorenzo SL90A arrives in London to star in immersive experience

The Sanlorenzo SL90A has arrived in London to take centre stage at the Sanlorenzo Immersive Experience. Taking style and elegance to a new level, this 28-metre yacht is the first from this innovative Italian shipyard to venture up the river Thames to the heart of the capital.

Built by Sanlorenzo Yacht at its Ameglia base on the Ligurian coast of Italy, this tailor-made yacht has a subtle and dignified décor which has been expertly crafted with a light and modern interior using different wood, including Tabu Thia Walnut, marble, and fabric textures.

Beautifully specified and visually enhanced with freestanding furniture from iconic Italian brands including Minotti sofas, a Living Divani coffee table, Casina armchair, and Flos reading lamps. Boasting four extremely well-appointed staterooms, each with its own en-suite bathroom, it can accommodate up to eight guests in refined comfort and luxury.

Designed by renowned naval architect Bernado Zuccon from the cutting-edge Italian design house Zuccon International Project, the SL90A takes her model name from the bold and innovative Asymmetric layout. With the port side deck moved up a level to increase the yacht’s interior volume, the tangible connection with the sea through the floor to ceiling windows has been amplified in the expansive saloon on the main deck.

Available now, this one-of-a-kind yacht is starring at the Sanlorenzo Immersive Experience at St Katharine Docks, 11-24 March 2024.

Hosted by Sanlorenzo Yachts UK in this historic waterfront destination’s Coronarium Building, which has been elevated with the unique Sanlorenzo aesthetic, owners, prospective owners, yachting enthusiasts, and brokers are invited throughout the two-week event to immerse themselves in the shipyard’s design innovation and artisan craftmanship.

“We’re delighted to have one of these incredible made to measure yachts from the forward thinking Sanlorenzo shipyard in the UK,” says Sanlorenzo Yachts UK, Sales Manager, Nick Hatfield.

“It offers us a unique opportunity to welcome people onboard to tangibly experience Sanlorenzo’s extraordinary qualities for themselves. It is a wonderful example of what we can build together.

“Each Sanloreno yacht is a work of art in its own right, with a story to tell, and this immersive event will allow people to really understand what it means to own a Sanlorenzo.”

To book your exclusive tour onboard the magnificent SL90A and immerse yourself in Sanlorenzo’s unparalleled Italian style contact the Sanlorenzo Yachts UK team via [email protected] or +44 (0) 2380 450 001 to book your exclusive tour.

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Sanlorenzo Immersive Experience, London 11-24 March

Celebrating the arrival of the magnificent SL90A in the UK, Sanlorenzo Yachts UK is hosting a Sanlorenzo Immersive Experience at the historic St Katherine Docks, 11-24 March 2024.

In a reimagined Coronarium Building at this iconic maritime location, Sanlorenzo owners, prospective owners, yachting enthusiasts, and brokers are invited to immerse themselves in the Italian shipyard’s design innovation, artisan craftmanship and limitless customisation.

“A forward thinking, customer-centric shipyard, Sanlorenzo creates made to measure yachts that are fully tailored to reflect the individual personalities of their owners,” says Sanlorenzo Yachts UK, Sales Manager, Nick Hatfield.

“Each yacht is a unique work of art with its own story to tell and we wanted to create an event which allows people to really understand what it means to own a Sanlorenzo.

“As part of the immersive event, visitors will be able to tangibly experience Sanlorenzo’s unique qualities for themselves by stepping onboard a brand new Sanlorenzo SL90A. This yacht is a stunning example of what we could build together.”

Personifying elegance and style, the recently arrived 28-metre Sanlorenzo SL90A #813 is taking centre stage in the Sanlorenzo Immersive Experience.

Designed by Bernado Zuccon, this beautifully specified SL90A has been personalised with a light and modern interior using different wood, marble, and fabric textures, providing a subtle and dignified decor. And with four extremely well-appointed staterooms, each with its own en-suite bathroom, up to eight guests can be accommodated in refined comfort.

Taking her model name from the bold and innovative Asymmetric designed layout, the SL90A’s port side deck has been moved up a level to increase the yacht’s interior volume. With the saloon on the main deck now expanded by 10-15 per cent, it’s been possible to amplify the tangible connection with the sea through the floor to ceiling windows.

Equipped with twin MAN 2000hp diesel engines giving a cruising speed of 25 knots, a 1100nm range can be achieved when travelling at 10 knots (eco cruising speed).

Built by Sanlorenzo Yacht at its Ameglia base on the Ligurian coast of Italy, this tailor-made yacht breaks the mould compared to others in her class, while remaining under the important 24-metre hull length.

One of a kind, this yacht is also available now, just in time for the season in the Mediterranean.

Following its starring role in London, the SL90A will journey back to Southampton, where she will be available for private viewings with the Sanlorenzo Yachts UK team in Swanwick Marina.

To immerse yourself in Sanlorenzo’s unparalleled Italian style contact Sanlorenzo Yachts UK via [email protected] or +44 (0) 2380 450 001 to book your exclusive tour.

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Sanlorenzo’s shipyards are going greener

Sanlorenzo has taken another significant step in reducing its carbon footprint by partnering with Axpo Energy Solutions Italia (an Energy Service Company within the Axpo Group) to establish three new photovoltaic plants at the sites in Ameglia, La Spezia, and Viareggio.

With a total capacity of 1.5 MW, complementing the existing 500 kW at Sanlorenzo’s facilities, these new plants will lead to a reduction of over 600 tons of CO2 emissions per year. The group also plans to further increase the installed capacity to 3.1 MW by the end of 2024.

With sustainability firmly at the core of its growth strategy, Sanlorenzo consistently invests in innovation to minimise the environmental impact of its operations, from material selection to propulsion systems and manufacturing processes. The shipyard is managing the energy transition through strategic collaboration with global players who specialise in the development of energy efficiency, renewable projects, and electric mobility.

This project represents a strategic investment for the company. Ferruccio Rossi, Group General Manager & President Sanlorenzo Superyacht, explains: “The installation of photovoltaic plants in Ameglia, La Spezia, and Viareggio is a significant step forward in our decarbonisation journey. The transition to renewable energy underscores our commitment to reducing the environmental impact of production activities. By harnessing solar energy, we contribute to lowering greenhouse gas emissions and promoting sustainable energy supply.

“For Sanlorenzo, this is a strategic investment aligning with the company’s social and environmental responsibility goals, demonstrating a long-term vision oriented towards sustainability.”

Sanlorenzo’s business philosophy and future vision of sustainable development are shared by Axpo and form the basis of this successful partnership.  “Excellence and sustainability are principles that can help businesses appropriately address the challenges of the ecological transition,” comments Marco Garbero, General Manager of Axpo Energy Solutions Italia.

“We believe that the collaboration with Sanlorenzo is a tangible manifestation of this vision, showcasing the potential of the green economy as an opportunity to generate unprecedented synergies between companies in different sectors.

“We are pleased to accompany Sanlorenzo, a Made in Italy brand appreciated worldwide, on its journey towards increasingly integrated sustainability in products and processes, leveraging photovoltaic technology. As AESI, we aim to continue in this direction, promoting the adoption of renewable sources and energy efficiency as drivers for the development of the country’s system.”

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Made-to-measure SL90A is coming to the UK

Following a stellar reception at boot Dusseldorf 2024, the stunning 28-metre Sanlorenzo SL90A is on its way to the UK.

After arriving in Southampton, it will journey to London where it will become the first yacht from the shipyard to grace the river Thames before berthing at the historic St Katharine Docks.

Port side of large white luxury yacht

While it’s based at this iconic maritime location, Sanloreno Yachts UK will be inviting prospective owners onboard for an exclusive tour of the magnificent SL90A. It’s a unique opportunity to experience the true meaning of customisation, underpinned by style and elegance.

Designed by Bernado Zuccon, this beautifully specified SL90A has been personalised with a light and modern interior using different wood, marble, and fabric textures, providing a subtle and dignified decor. And with four extremely well-appointed staterooms, each with its own en-suite bathroom, up to eight guests can be accommodated in refined comfort.

Taking its model name from its bold and innovative Asymmetric internal formation, the SL90A’s port side deck has been moved up a level to increase the yacht’s interior volume. With the saloon on the main deck now expanded by 10-15 per cent, it’s been possible to create a tangible connection with the sea through the floor to ceiling windows.

Equipped with powerful twin MAN 2000hp diesel engines a cruising speed of 25 knots is attainable, while a 1100nm range can be achieved when travelling at 10 knots (eco cruising speed).

Built by Sanlorenzo Yacht at its Ameglia base on the Ligurian coast of Italy, this tailor-made yacht breaks the mould compared to others in her class, while remaining under the important 24-metre hull length.

One of a kind, this yacht is available now.

Inside yacht saloon with floor to ceiling windows and L-shaped sofa

For a limited time only, interested parties can come and immerse themselves in the SL90A’s unparalleled style by booking a private tour onboard with our expert team via [email protected] or call +44(0)2380 450 001

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Sanlorenzo and Volvo Penta collaborate to advance decarbonisation in yachting sector

Sanlorenzo and leading power solutions provider have announced a partnership to bring Volvo Penta’s IPS Professional Platform to two new Sanlorenzo yachts, the SX120 and the SX132.

Volvo Penta IPS Professional Platform is a first in the marine industry and an example of cutting-edge engineering, integrating seamlessly into Sanlorenzo’s visionary yacht design. The platform is the latest evolution in Volvo Penta’s fully integrated experience, from helm to propellers. Set up for the combined use of energy sources, from combustion engines using renewable fuels to fully electric or hybrid solutions, it ensures greater efficiency by optimising energy use in real time based on cruising needs.

Volvo Penta IPS Professional Platform

The SX120 and the SX132 are expected to launch in 2025 and 2027 respectively and will be the first superyachts installed with the IPS Professional Platform.

“When adopting new solutions into superyachts, we must always consider the experience of owners and the captain,” says Johan Inden, President of Volvo Penta Marine. “The IPS Professional Platform not only delivers new levels of efficiency and flexibility but also elevates the yachting experience through the fully integrated helm-to-propeller platform. Intelligent features combined with the platform’s unique design provide additional comfort and peace of mind. Our collaboration with Sanlorenzo marks a new journey towards decarbonisation in the yachting sector. We’re excited to see the launch of the first IPS Professional Platform-equipped superyacht in 2025.”

Driving Industry Innovation and Transformation

This latest collaboration between Sanlorenzo and Volvo Penta symbolises an evolution in the companies’ ongoing journey together to drive transformation across the marine industry. The two companies will deliver a seamless onboard experience through increased precision and quieter operation. The unique and compact design of the IPS Professional platform frees up valuable onboard space and reduces perceived noise by up to 50%. Additionally, the forward-facing propeller design and efficient dual power input reduce vibration levels on board.

The Future of Sustainable Yachting

Both Sanlorenzo and Volvo Penta are committed to accelerating sustainability goals and the decarbonisation of the marine industry, with the companies are dedicated to exploring multiple solutions and paths including renewable fuels, hybrid and electric technology, fuel cells, and efficiency-driven innovations in yacht and propulsion design. The introduction of the IPS Professional Platform into Sanlorenzo’s tailor-made yachts is one of the latest efforts by Volvo Penta to integrate sustainability into a seamless experience.

Consistent with the course mapped out in its ‘Road to 2030’ strategy, Sanlorenzo has set the goal of launching the first 50 Steel equipped with a modular Reformer Fuel Cell system, capable of transforming green methanol into hydrogen and then into electricity to power all hotellerie equipment, and eventually recharge batteries, without the hydrogen being stored on board. By the end of the decade, Sanlorenzo aims to launch the first superyacht powered solely by green methanol.

Massimo Perotti, Executive Chairman of Sanlorenzo, comments: “The wishes of the customer have always been a fundamental part of Sanlorenzo’s philosophy. We begin at the intersection of technology and sustainability, combining the latest industry innovations with custom features and design that reflect the customer’s individual style. As the marine industry moves toward decarbonisation, we continue to pursue a premier experience that adheres to our vision of a sustainable future. Sanlorenzo is proud to produce the first custom yachts equipped with the all-new IPS Professional Platform and contribute to the journey of decarbonising the marine industry.”

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Fully customised 29-metre Sanlorenzo SL96A launches

From its yard in the Ligurian coastal town of Ameglia, Italian shipyard Sanlorenzo has launched a fully customised SL96A, the 29-metre asymmetric model from its popular SL Series.

Featuring a sleek GRP hull and superstructure with sweeping horizontal lines, the 100 GT yacht claims a beam of 6.67-metres and a draft of 1.9-metres, ensuring even the shallowest anchorages and harbours are accessible while providing luxurious accommodation for up to 10 guests.

With the build overseen by Nick Hatfield from Sanlorenzo’s UK representative, Sanlorenzo Yachts UK, this bespoke SL96A has been completely tailor-made to its new owner’s discerning tastes and exact requirements. And the level of personalisation goes far beyond changing the base design aesthetically with a different leather, wood finish or fabric.

“Building a Sanlorenzo takes time and passion, and we’ve worked closely with the owner to bring their dream yacht to life, ensuring every element reflects their preferences and practical mindset,” says Hatfield, Sales Manager at Sanlorenzo Yachts UK and Ireland.

“As with most customised builds, design and configuration of the main living areas took priority. Having chosen a five guest-cabin, three crew-cabin layout, one of the crew cabins can act as a guest cabin for kids if needed.

“This means the boat can function as a six guest-cabin boat if required, offering even greater flexibility for those onboard.”

All eight cabins have en-suite shower rooms and, adding to the sense of individuality, a private inner hallway leading to the owner’s cabin has been included. In addition, the flybridge features a custom dining table with a wrap-around sofa and cabinets handmade by Sanlorenzo in the main saloon.

“We started working on this build in the summer of 2022, with the only limitation being the hull shape and exterior profile,” continues Hatfield. “By the time the contract was signed, the owner of the SL96A had itemised 411 custom modifications outside the standard options list, and this number has now broken the 500, maybe even 600, barrier.

“The galley, specifically, was one area we developed very closely with the owner to ensure the space works seamlessly with their life onboard. The unique layout features a custom butterfly-wing serving hatch on the starboard side to allow food, drinks and empty plates to be passed between the galley and front-of-house crew quickly and efficiently.”

At Sanlorenzo, customisation is almost without limits. The owner of the SL96A says of his experience: “I honestly had no idea at the start of this project just how much customisation Sanlorenzo would offer. As just one example, most builders offer their interior furniture in a choice of three or four veneers with either a matt or gloss finish.

“When I asked Sanlorenzo for its menu, the answer was: ‘Any sustainably produced veneer available anywhere on the planet, with the grain direction at any angle and any degree of matt/gloss from 0% to 100% in 5% increments. Alternatively, any surface can be spray-painted in any colour or leather covered or mirrored along with any surface effect like fluting or fielding. And this applies to the ceilings as well as the walls and furniture’.”

A true example of customisation, this made-to-measure yacht will be delivered to the owner at the end of March 2024 in time for the season in the Mediterranean.

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Sanlorenzo to unveil new SP92 this September

Sanlorenzo is set to unveil its new SP92 later this year at the Cannes Yachting Festival (10-15 September 2024).

Embodying Sanlorenzo’s ethos of combining sustainability, comfort and exclusivity, the SP92 is the second boat in the shipyard’s exciting SP line, which is designed for those seeking a combination of style and performance.

At 27.95-metres overall with a beam of 7.10-metres, this stunning next generation sports yacht boasts accommodation for six to eight guests and four crew.

Powered by twin MTU water jets, the SP92 delivers a smooth and efficient cruising experience for those wanting to maximise the enjoyment of their on-water lifestyle.

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Sanlorenzo signs MoU with Nautor Swan Group

Sanlorenzo S.p.A. and Sawa S.r.l. have announced the signing of a Memorandum of Understanding (MoU) to evaluate possible joint strategic opportunities between Nautor Swan Group, owned by Sawa, and the Sanlorenzo Group.

“This transaction, if carried out, would allow Sanlorenzo to extend its presence into the high-end yachting industry, preserving Swan’s long-lasting expertise and experience, which provide Sanlorenzo with unique heritage,” says Massimo Perotti, Chairman and Chief Executive Officer of Sanlorenzo.

“The combination of these brands within the same group would create a unique Maison of motor and sail yachts at the top-end of the nautical competitive landscape.”

Leonardo Ferragamo, Chairman of Nautor Swan, comments: “Swan has a legacy of globally unmatched product excellence in the high-end sailing yachting industry. A strategic partnership with Sanlorenzo Group would offer several opportunities to move forward on this virtuous path with joint investments in innovative technologies, in sustainability, and in a more extensive service network for our customers globally.

“A journey with one of the most qualified groups in the yachting arena that would further strengthen our long-term vision, preserving the unique values of the Swan brand.”

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