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Thread: Absolute Growth

  1. #1
    Join Date
    May 2007
    Location
    Malta - Med Sea
    Posts
    3,659

    Default Absolute Growth

    Some incredible growth from the Italian builder even in the dark times of 2010 - 15. Here is some numbers the Italian boat builder has said.
    All numbers are in respect to previous years.
    2013 - 23%
    2015 - 57%
    2018 - 25%
    Current 2019 year growth is 19%.

    Currently Absolute sells only 5% of its production in Italy with what is 45% of its European sales share. While 31% also goes in North America.

    I think everyone here knows how both the Italian, English and Spanish market have slowed in the last nine ten years so no surprise about that.

  2. #2
    Join Date
    Sep 2016
    Location
    SoF
    Posts
    9,824

    Default Re: Absolute Growth

    It’s easy to believe. Absolute are probably the best looking boat in the port. And the few that I’ve been on in boat shows have the best layout, best headroom, best style, best features and best quality.
    If I had any money I would invest in an Absolute
    Neither a Leaver or Remainer be

  3. #3
    Join Date
    Sep 2005
    Location
    Brighton/Antibes
    Posts
    8,659

    Default Re: Absolute Growth

    Quote Originally Posted by Bouba View Post
    If I had any money I would invest in an Absolute
    I'm liking the concept of 'investing' in a boat

  4. #4
    Join Date
    Mar 2002
    Posts
    17,624

    Default Re: Absolute Growth

    Precisely what I was thinking! Worth adding to the list to the right, I reckon...

  5. #5
    Join Date
    May 2001
    Location
    ation, Loc: ation, Loc: ation.
    Posts
    16,501

    Default Re: Absolute Growth

    They're investments in fun !

  6. #6
    Join Date
    Sep 2016
    Location
    SoF
    Posts
    9,824

    Default Re: Absolute Growth

    Well, I believe in investing in fiberglass
    But in truth, if I had ‘invested’ in a Grand Banks, a Nordhavn and (according to Porto) an Itama, I would be in financial profit
    Neither a Leaver or Remainer be

  7. #7
    Join Date
    Apr 2011
    Location
    Boat- Western Med
    Posts
    5,324

    Default Re: Absolute Growth

    Mines risen in value in the 5 y or ownership.
    So investment would be a accurate term for my boat .

    I've never sold a Ferrari for less + running costs . Again investment in a second hand car . Who would have thought it ?

    Not everyone can or will see investments .

    Sorry forgot " pleasure of ownership " is tossed in as well.

  8. #8
    Join Date
    Apr 2011
    Location
    Boat- Western Med
    Posts
    5,324

    Default Re: Absolute Growth

    Rtn to the OP , the dealer at La Nap ( nice people ) seem to shift a lot of units esp the FB 52 . He had 3/4 berths near me so I used to watch the demos . Btw just like a car sales guy . No deposit/ survey malarkey. Turn up enquire and go for a ride . You know bums on seats . Seeing as he had 2/3 stock boats easy .
    I think it's the IPS because the ladies ( wife ) would park it when it came back . Dealer not stupid- get her " on board "
    So to be fair to IPS , " even a woman can park it " along with the vast aft cabin + ball park build clinched the sale . They are not expensive. Like the Princess or S-Skr moored next door . At any one time there was 6/10 stock boats on my pontoon . In fact now my berth is let to the FL dealer for the next 2 years see Iam doing my bit Pete M
    Aboslutes are good VFM and robbing sales from the UK 3 at 45-55 ft
    Last edited by Portofino; 07-10-19 at 17:41.

  9. #9
    Join Date
    Apr 2011
    Location
    Boat- Western Med
    Posts
    5,324

    Default Re: Absolute Growth

    Never saw anybody turned away with a cap
    Farther and son team . Work all hrs . Demos after hrs and week ends . Sometimes same boat out 3-4 times on a busy day with different prospects.
    So maybe party the sales answer is the attitude of the dealers ? Dunno .
    Combo of product and dealer attitude me thinks as there's loads of 45/55 ft much of muchness FB boats .
    Just an observation.

  10. #10
    Join Date
    Sep 2011
    Posts
    2,259

    Default Re: Absolute Growth

    One thing I noticed with the bigger Absolutes (72) and Navetta (73) is that they had small tanks, 3500L and 4000L respectively. That's small to me but maybe the norm?

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