Ferrari Group Earnings Call Transcripts
Fiscal Year 2025
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Delivered robust 2025 results with 4.8% revenue growth and stable 26% EBITDA margin, driven by global expansion, digitalization, and strong cash flow. 2026 guidance targets 3%-6% revenue growth and continued investment, with flexibility to navigate geopolitical risks.
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Revenue grew nearly 4% to €180 million in H1 2025, with adjusted EBITDA up 4.4% and margin at 26.6%. Expansion in Europe and Asia-Pacific offset China weakness, while net profit was impacted by provisions for an Italian Customs investigation. Full-year outlook remains positive.
Fiscal Year 2024
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Revenue grew 4.7% to €348.8M in 2024, with stable 26.5% EBITDA margin and strong cash generation. 2025 guidance targets similar revenue and margin, with continued expansion and digital investment, while maintaining a progressive dividend policy.