Ferrari announced record profits in 2023
- February 1, 2024
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Luxury automaker Ferrari said Thursday its net profit rose more than 30% last year. This was reported by ANSA, as reported by Ukrinform. The Italian automaker reported a
Luxury automaker Ferrari said Thursday its net profit rose more than 30% last year.
This was reported by ANSA, as reported by Ukrinform.
The Italian automaker reported a record adjusted net profit of 1.257 billion euros last year, up 34% on 2022 figures.
It was noted that Ferrari’s revenue exceeded the 1 billion euro limit for the first time, and the annual EBITDA margin increased to 38.2%, which is a record for the company.
Net income is 5.97 billion euros, which represents a growth of 17.2% compared to 2022, while the total number of cars sold is 13,663 units, indicating a 3.3% increase in deliveries.
Meanwhile, the company’s CEO, Benedetto Vigna, said that Ferrari shares increased by more than 4% on the Milan stock exchange.
As reported by Ukrinform, on January 8, luxury automaker Rolls-Royce reported that 2023 will be an “exceptional” year, with record sales and increased demand for its all-electric Specter model.
Photo: ANSA
Source: Ukrinform
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