Ferrari's Financial Triumph in Q1 2025

Ferrari NV has kicked off the year with impressive financial results, announcing a 13% increase in net revenue for the first quarter of fiscal 2025, totaling €1.8 billion compared to the same period last year.

Profit and Shipments on the Rise

The luxury car manufacturer reported a 17% year-on-year growth in net profit, achieving €412 million. Diluted earnings per share (EPS) also saw an 18% increase, reaching €2.30. Despite a modest 1% annual increase, total shipments climbed to 3,593 units.

Looking Ahead: Ferrari's 2025 Guidance

With optimism, Ferrari projects its net revenue to surpass €7.0 billion for the year, alongside an EPS of at least €8.60. CEO Benedetto Vigna highlighted the company's successful strategy focusing on revenue quality over quantity, driven by a strong product mix and personalized demand.

Market Reaction

Following the announcement, Ferrari's shares experienced a slight dip of 1.34% in premarket trading, reflecting the market's immediate response to the report.