Ferrari first half net surges 10% on record sales

Ferrari board met on September 13 under the chairmanship of Luca di Montezemolo to look at the firm’s financial outcomes for the first six month period of the existing year.

As of June 30th, Ferrari again recorded a record revenue income and in the figures of vehicles sold. Revenues hit 1,208 million euro, whereas around 3,664 homologated road cars were shipped to franchises, a growth of 7.4%.

Trading income grew by 13% to 152.2 million euro, whereas net profits reached 100.8 million, a growth of 10%.

Ferrari first half net surges 10% on record sales

As of June 30th, Ferrari’s industrial net cash position reached a fresh record figure of 895 million euro with tremendously high investments in product growth.

The net income for the first half remained at 203 million euro before dividend income.

These outcomes are the produce of the long- lasting victory of Ferrari’s 8-cylinder models, mainly the innovative Ferrari California – where ’30’ constitutes the 30 extra HP and 30 kg lower weight.

The personalization programmes, which cover 100% of overall cars developed, carry on gaining from gigantic success.

Sales in the United States stayed strong, with a rise of 17% to 851 cars, and carries on to be Ferrari’s major market.

Record outcomes too from the United Kingdom where sales increased 43% with 393 cars delivered.

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