RACE Ferrari NV

Ferrari to Announce Third Quarter 2023 Financial Results on November 2

Ferrari to Announce Third Quarter 2023 Financial Results on November 2

Maranello (Italy), October 6, 2023 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the third quarter of 2023 will be released on Thursday, November 2, 2023.

A live audio webcast and conference call of the 2023 Q3 results will begin at 2:00 p.m. GMT / 3:00 p.m. CET / 10:00 a.m. EDT on Thursday, November 2.

Details for accessing this presentation will be available in the Investors section of Ferrari’s corporate website at prior to the event. Please note that registering in advance is required to access the conference call details. For those unable to participate in the live session, a replay will remain archived on Ferrari’s corporate website () for two weeks after the call.

For further information:

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Attachment



EN
06/10/2023

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RACE FERRARI NV

ANOTHER STRONG START TO THE YEAR SUSTAINED BY PRODUCT MIX

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 unitsOperating 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 2.30EBITDA(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 v...

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