Ferrari N.V.

RACE

NL0011585146

Auto & Truck Manufacturers

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02:23pm	Palantir: the world according to Karp
01:02pm	Bullish futures; excellent accounts for Banco BPM	AN

Ferrari: +21% net profit in 2024

February 04, 2025 at 05:38 pm IST

Ferrari reports net sales of 6.67 billion Euros for fiscal year 2024, up 12% on 2023, with deliveries up 1% to 13,752 units.

Between 2023 and 2024, EBIT rose by 17% to 1,888 ME, while net profit climbed by 21% to 1,526 ME (slightly above consensus), giving annual EPS of 8.47 euros (+23%).

In Q4, sales amounted to ME1.73 billion (+14% on the same period a year earlier), with deliveries up 2% to 3,325 units. Quarterly EBIT came in at 468 ME (+26%), with net income of 386 ME (+31%) and EPS of 2.14 euros (+31%).

For 2025, the automaker is targeting net sales in excess of 7 BnE and adjusted EPS in excess of 8.6 euros.

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Latest news about Ferrari N.V.

Palantir: the world according to Karp	02:23pm
Bullish futures; excellent accounts for Banco BPM	01:02pm	AN
FERRARI : Goldman Sachs sticks Neutral	12:28pm	ZD
Mib at peak since 2007; Ferrari and Prysmian soar	11/02	AN
FERRARI : UBS keeps its Buy rating	11/02	ZD
FERRARI : RBC remains its Buy rating	10/02	ZD
FERRARI : Gets a Neutral rating from Jefferies	08/02	ZD
Pop Sondrio says BPER bid not agreed as Italy M&A frenzy prompts Unipol to hasten tie-up	07/02	RE
FERRARI : Deutsche Bank initiates 'hold', targets 430 euros	06/02	CF
FERRARI : RBC maintains a Buy rating	06/02	ZD
Deutsche Bank Starts Ferrari Coverage with Hold Rating	06/02	MT
FERRARI : Deutsche Bank drops its Sell rating	06/02	ZD
Ferrari: better than gold, sports cars	06/02
Europeans expected to be in the green; MPS accounts good	06/02	AN
Italy - Factors to watch on Feb. 6	06/02	RE
FERRARI : Ferrari delivers strong FY24 results	05/02
Mib closes in red; Anima rises after accounts	05/02	AN
Ferrari: price target raised by Oddo BHF	05/02	CF
UBS Adjusts Price Target on Ferrari to $584 From $513, Maintains Buy Rating	05/02	MT
Barclays Downgrades Ferrari to Equal Weight From Overweight	05/02	MT
Barclays Downgrades Ferrari to Equal Weight	05/02	MT
FERRARI : Goldman Sachs reiterates its Neutral rating	05/02	ZD
Mib drops to 36,400 area; MPS takes top spot	05/02	AN
FERRARI : UBS raises its target price	05/02	CF
Milan stock exchange, negative start with Europe, down Ferrari after rally, Fincantieri runs	05/02	RE

Chart Ferrari N.V.

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RACE: Dynamic Chart

Company Profile

Ferrari N.V. is a holding company organized around 3 areas of activity: - manufacturing and sale of luxury sports vehicles (85.8% of net sales): 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, 458 Speciale, 458 Speciale A, California T and Ferrari FF. The group also provides spare parts; - manufacturing and sale of car engines (2.1%): Maseratti brand; - other (12.1%): sponsorship activity, provision of financial services, etc. Net sales are distributed geographically as follows: Italy (7.4%), the United Kingdom (10.5%), Germany (8.3%), Europe/Middle East/Africa (21.9%), the United States (25.7%), Americas (3.8%), China/Hong Kong/Taiwan (9.8%), Asia/Pacific and Australia (12.6%).

Employees

5,290

Sector

Auto & Truck Manufacturers

Calendar

16/04/2025 - Annual General Meeting

More about the company