In the third quarter, Ferrari delivered almost a fifth more cars than a year earlier. Turnover rose by 19 percent to 1.05 billion euros. Under the line Ferrari had 206 million euros left, compared to 171 million euros in the same period last year.
–
It makes an average gross profit of more than 35 percent on every car that Ferrari sells. That high margin ensures that Ferrari can increase the expected gross profit (Ebitda) for the full year to just above 1.5 billion euros.
–
Under the new CEO Benedetto Vigna, Ferrari is cautiously continuing its strategy of more hybrid cars. The second plug model was unveiled this summer. Ferrari will also launch its first SUV next year.
–
Vigna is under pressure to accelerate Ferrari electrification. If it is up to the European Union, cars with a combustion engine may no longer be sold after 2035. Other countries are also coming up with similar rules.
–
