Ferrari N.V (RACE) Reports Q3 EPS of EUR1.11
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Ferrari, Double Digit Growth, on the Way to Another Record Year
November 2, 2021 8:20 AM EDTTotal shipments of 2,750 units, up 18.9% versus Q3 2020 and 11.2% versus Q3 2019Â Net revenues of Euro 1,053 million, up 18.6% versus prior year and up 15.1% versus Q3 2019EBITDA(1) of Euro 371 million, up 12.4% versus prior year and up 19.6% versus Q3 2019. EBITDA(1) margin of 35.2% in Q3 2021.EBIT of Euro 270 million, up 21.8% versus prior year and up 19.2% versus Q3 2019. EBIT margin of 25.7% in Q3 2021.Net profit of Euro 207 million and diluted EPS(1) at Euro 1.11Extraordinarily strong industrial free cash flow(1) generation of Euro 242 million sustained by the collection of advances on the 812 CompetizioneUpgraded 2021 Guidance... More
