RACE Ferrari NV

Ferrari : 2019 PERFORMANCE CONFIRMS STRONG MOMENTUM

Ferrari : 2019 PERFORMANCE CONFIRMS STRONG MOMENTUM


2019 PERFORMANCE CONFIRMS STRONG MOMENTUM

2020 GUIDANCE UPGRADING PREVIOUS PLAN ACROSS ALL METRICS

Ferrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results for the twelve months ended December 31, 2019, summarized as follows:

  • Total shipments of 10,131 units, up +9.5%
  • Net revenues of Euro 3,766 million, up +10.1% or +8.2% at constant currency
  • Adj. EBITDA of Euro 1,269 million, up +14.0% with an Adj. EBITDA margin of 33.7%
  • Adj. diluted EPS of Euro 3.71 (+9.1%)
  • Industrial free cash flow generation of Euro 675 million boosted by advances on the Ferrari Monza SP1 and SP2

Upgraded 2020 Guidance vs. Plan:

  • Net revenues: > Euro 4.1 billion (from > Euro 3.8 billion)
  • Adj. EBITDA: Euro 1.38-1.43 billion (from > Euro 1.3 billion)
  • Adj. EBIT: Euro 0.95-1.0 billion (from > Euro 0.9 billion)
  • Adj. diluted EPS: Euro 3.90-3.95 per share (from > Euro 3.40 per share)
  • Industrial free cash flow: ≥ Euro 0.4 billion (from > Euro 0.4 billion)







Attachment

EN
04/02/2020

Underlying

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

Reports on Ferrari NV

 PRESS RELEASE

FERRARI RELEASES ITS 2025 ANNUAL REPORT AND FILES ANNUAL REPORT ON FOR...

FERRARI RELEASES ITS 2025 ANNUAL REPORT AND FILES ANNUAL REPORT ON FORM 20-F Maranello (Italy), February 19, 2026 - Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2025 Annual Report and filed with the United States Securities and Exchange Commission its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2025. The 2025 Sustainability Statement, prepared in accordance with the requirements from the European Sustainability Reporting Standard (ESRS) on a voluntary basis, is included in the 2025 Annual Report. Ferrari’s 202...

 PRESS RELEASE

DIVIDEND DISTRIBUTION PROPOSAL

DIVIDEND DISTRIBUTION PROPOSAL Maranello (Italy), February 19, 2026 - Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company’s shareholders a dividend distribution to the holders of common shares of Euro 3.615 per common share, with an increase of approximately 21% compared to the prior year and corresponding to a total distribution of approximately Euro 640 million. The distribution will be subject to its approval by the Annual General Meeting of Shareholders which is scheduled to be held on April 15, 2026. If shareho...

 PRESS RELEASE

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM Maranello (Italy), February 16 2026 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on December 16, 2025, as the first tranche of the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030 in line with the disclosure made during the 2025 Capital Markets Day (the “First Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) a...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch