2017 IS ANOTHER RECORD YEAR, WITH OVER 1 BILLION EURO ADJ. EBITDA, TWO YEARS AHEAD OF THE IPO BUSINESS PLAN.

TARGETING EURO 2 BILLION ADJ. EBITDA AND EURO 1.2 BILLION INDUSTRIAL FREE CASH FLOW NO LATER THAN 2022.

Total shipments of 8,398 units, up 384 units (+4.8%)

Net revenues at Euro 3,417 million, up 10.0% (+11.2% at constant currencies)

Adjusted EBITDAof Euro 1,036 million, margin at 30.3% (29.8% without FX hedges)

Adjusted EBIT of Euro 775 million, 230 bps margin increase to 22.7% (22.1% without FX hedges)

Adjusted net profit up 26.4% to Euro 537 million

Net industrial debtdown Euro 180 million to Euro 473 million

Dividend distribution proposal of Euro 0.71 per common sharetotaling Euro 134 million

 

2018_02_01 - Ferrari FY 2017 Results Press Release_ENG


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Source: FERRARI via Globenewswire