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 profitability and strong cash generation. 2025 guidance targets similar revenue and margin, with continued investment in digital and geographic expansion. Asia remains weak, but growth is robust in Europe and new markets.