Princess Yachts returns to profit as momentum continues into 2026
Princess Yachts posted a £17.6 million operating profit and £35.9 million Adjusted EBITDA for 2025, and says profitability has continued…
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“This is an extraordinary recognition for our team. No one else offers what Sialia Yachts does in the 13-35-meter range, and this award confirms we are on the right path,” said Milvio Ricci, Chief Commercial Officer at Sialia Yachts.
Sialia Yachts made a splash in 2022 with the launch of its 57-foot all-electric performance cruiser, Deep Silence. Earlier this year, the Sialia 45 was introduced, and the first two hulls of this new model are currently under construction. This innovative 14-meter cruiser can reach up to 43 knots, thanks to its advanced proprietary propulsion system with twin 300kW electric motors. It also boasts an impressive range.
At a cruising speed of 25 knots, the standard 500kWh battery pack offers a range of 55 nautical miles, or 77 miles with the optional 200kWh endurance battery pack, which becomes 164 nautical miles with the use of the Range Extender (Rex).
This year, more than 150 boats were entered into the Gustave Trouvé Awards, with over 6,000 people from around the world casting their votes. The International Panel, comprising 32 electric boat experts, contributed votes weighted at a ratio of 3:1 in the final tally. The Sialia 45 emerged as the top choice in its category, receiving the highest number of votes from the judges. This recognition underscores the cruiser’s achievement and the respect it commands among industry peers.
The Gustave Trouvé Awards for Excellence in Electric Boats and Boating were created to recognize the inventors, designers, manufacturers, entrepreneurs and visionaries who are making advances every day to develop clean, quiet, zero emission technologies and designs to reduce reliance on fossil fuel for marine propulsion.
They are named to honour Gustave Trouvé, a prolific French inventor with over 75 patents – among them the world’s first outboard boat motor, which he devised so that he could detach the motor from his prototype electric boat ‘Le Teléphone’ and take it home for further work in his Paris apartment.
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As the 57th Southampton International Boat Show (SIBS) closed on Sunday 27 September, its organiser British Marine reports the following:
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