Notícias ao Minuto
Classificados Auto
Ferrari boosts earnings by 19% to €352m in Q1
Auto giant had net revenues of 1,585 million euros.
© Ferrari
Auto Ferrari
Ferrari reported a 352 million euro ($375 million) net profit in the first quarter of 2024, up 19% year-on-year, the Italian luxury carmaker said on Wednesday.
The automaker posted net revenues of 1.585 billion euros, up 10.9% compared to the previous quarter, and delivered 3,560 vehicles, a figure "substantially unchanged compared to the first quarter of last year," the company said in a statement.
"The start of the year was very positive: revenues and profits grew by double digits with stable deliveries. This was achieved thanks to an even stronger product and geographical mix," the carmaker said.
Earnings before interest, taxes, depreciation and amortization (EBITDA) came in at 605 million euros, up 12.7% year-on-year, while earnings before interest and taxes (EBIT) were 442 million euros, up 14.8%.
Revenues in the automotive sector and spare parts amounted to 1.382 billion euros, up 11.4% due to "a richer product and geographical mix and a higher contribution from personalization."
Meanwhile, commercial revenues related to sponsorship and other brand commercial activities amounted to 145 million euros, also reflecting an 11.2% increase, partly "offset by the weaker positioning in the 2023 Formula 1 championship compared to 2022."
As of March 31 this year, Ferrari registered for the first time a net industrial cash position of 38 million euros, compared to a net industrial debt of 99 million euros as of Dec. 31, 2023, a figure that also reflects the buyback of own shares worth 136 million euros.
Descarregue a nossa App gratuita.
Oitavo ano consecutivo Escolha do Consumidor para Imprensa Online e eleito o produto do ano 2024.
* Estudo da e Netsonda, nov. e dez. 2023 produtodoano- pt.com
Recomendados para si
Classificados Auto
Leia Também
Últimas Notícias
Mais lidas
- Última hora
- Dia
- Semana
-
1
desporto Jake Paul
Luxo e mais luxo. Os automóveis do homem que derrotou Mike Tyson
-
2
desporto Rali do Japão
-
3
desporto Fórmula 1
Verstappen volta a bater Norris em Las Vegas em dia de pole de Russell
-
4
eletricos Abarth
Abarth já não volta a construir automóveis com motor a combustão
-
5
desporto Fórmula 1
Hamilton saiu da Mercedes e dois pilotos ligaram a Toto Wolff
-
6
desporto BMW
-
7
Auto Aston Martin
Aston Martin Valkyrie pulveriza recorde de Silverstone. E há imagens
-
8
desporto Fórmula 1
Seguranças de aeroporto não reconheceram piloto de F1 e quase correu mal
-
9
