Ferrari beats estimates and races to Piazza Affari | EUROtoday

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Ferrari closes out 2025 by beating analysts’ expectations, additionally on the subject of steering, giving the inventory a lift, recovering from the lows of latest months. In the final yr the Maranello group managed to generate a web revenue of 1.6 billion euros, up 5% in comparison with 2025, with a web revenue per share (eps) of 8.97 euros (+6%). Revenues rose by 7% to 7.146 billion euros, towards a slight decline in automobile deliveries, to 13,640 models (112 lower than in 2024). Deliveries “were purposely kept substantially stable – explains the company – to facilitate the significant change of models, which will continue in 2026: in 2025 the product range was further enriched by the launch of 6 new models – 296 Speciale, 296 Speciale A, Amalfi, 849 Testarossa, 849 Testarossa Spider and the first phase of presentation of the Ferrari Luce – which will influence deliveries in 2026 and beyond.”

In the final quarter, specifically, revenues have been 1.8 billion (+4%), above analysts’ expectations, with deliveries consistent with the annual development (3,152 automobiles, 173 models lower than the fourth quarter of 2024). Going again to the 12 months, Ebitda was €2.772 billion, up 8% year-on-year and margin at 38.8% (from 38.3% a yr earlier). Ebit rose by 12% to 2.11 billion euros, with margin at 29.5% (from 28.3%). Industrial money movement amounted to 1.538 billion, 50% greater than the earlier yr’s determine. Looking on the revenues intimately, these from vehicles and spare components amounted to six.005 billion (+5% and +6% at fixed change charges), these from Sponsorships, industrial and brand-related revenues amounted to 820 million (+22% and +23% at fixed change charges), primarily as a result of contribution of sponsorships and life-style actions, in addition to the rise in industrial revenues linked to the higher positioning within the Formula 1 championship of the earlier yr, whereas the opposite revenues have been 321 million. Net industrial debt as of 31 December 2025 was additional lowered, reaching 32 million, additionally together with an total remuneration to shareholders via share buybacks and dividends, amounting to over 1.3 billion euros.

As talked about, the market response was constructive, particularly in relation to the steering: Ferrari expects revenues of seven.5 billion euros, with a diluted revenue per share equal to or higher than 9.45 euros. Ebitda is anticipated at 2.93 billion euros, with a margin of 39%. As regards Ebit, Ferrari estimates that on the finish of 2026 it is going to be equal to 2.22 billion euros, with a margin of 29.5%. Free money movement from industrial actions is anticipated to be consistent with that of 2025, equal to or higher than 1.5 billion euros.

The CEO, Pier Luigi Vigna, underlined how the monetary efficiency was «supported by the product combine, customizations and sponsorships. Demand for Ferrari – he added – continues to be very strong and is managed rigorously in every market, reflecting our exclusivity mannequin: the order ebook extends in the direction of the tip of 2027″.