06 May 2025 - 06:43 AM
Corporate and Financial
ANOTHER STRONG START TO THE YEAR SUSTAINED BY PRODUCT MIX
Net revenues of Euro 1,791 million, up 13.0% versus prior year, with total shipments of 3,593 units
Operating profit (EBIT)(1) of Euro 542 million, up 22.7% versus prior year, with Operating profit (EBIT) margin of 30.3%
Net profit of Euro 412 million and diluted EPS at Euro 2.30
EBITDA(1) of Euro 693 million, up 14.6% versus prior year, with EBITDA margin of 38.7%
Industrial free cash flow(1) generation of Euro 620 million
“Another year is off to a great start” said Benedetto Vigna, CEO of Ferrari. “In the first quarter of 2025, with very few incremental shipments year on year, all key metrics recorded double-digit growth, underscoring a strong profitability driven by our product mix and continued demand for personalizations. This confirms – once again – our strategy of ‘quality of revenues over quantity’. We continue to enrich our product offering – in line with our plans – with six new models this year, which include the newly launched 296 Speciale, 296 Speciale A and the much-anticipated Ferrari elettrica through a unique and innovative unveiling. We are very excited about what lies ahead.”
https://www.ferrari.com/en-EN/corpor...uarter-results
