Ferrari N.V (RACE) Misses Q4 EPS by 4c, Revenue Beats

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Go back to Ferrari N.V (RACE) Misses Q4 EPS by 4c, Revenue Beats

Ferrari - Record 2022 Results With Expanding Demand. The Order Book Sustains an Even Stronger 2023

February 2, 2023 6:19 AM EST

Total shipments of 13,221 units, up 18.5% versus FY 2021Net revenues of Euro 5,095 million, up 19.3% versus prior yearEBITDA(1) of Euro 1,773 million, up 15.8% versus prior yearEBIT of Euro 1,227 million, up 14.1% versus prior yearEBITDA(1) margin of 34.8% and EBIT margin of 24.1% in the yearNet profit of Euro 939 million and diluted EPS(1) at Euro 5.09Industrial free cash flow(1) generation of Euro 758 million

Last year ended with outstanding financial results that met and exceeded our guidance and set new records across all metrics, such as a net profit of Euro 939 million and an... More