RACE Ferrari NV

SCUDERIA FERRARI AND CHARLES LECLERC MOVING FORWARD TOGETHER

SCUDERIA FERRARI AND CHARLES LECLERC MOVING FORWARD TOGETHER

Maranello (Italy), 25 January 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces that Scuderia Ferrari has renewed its technical and racing multi-year agreement with Charles Leclerc. The Monegasque driver will continue to compete for the Italian team in the Formula 1 World Championship in the next seasons.

Attachment



EN
25/01/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Ferrari NV

Anthony Dick ... (+2)
  • Anthony Dick
  • Michael Foundoukidis
Anthony Dick ... (+2)
  • Anthony Dick
  • Michael Foundoukidis
 PRESS RELEASE

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...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch