Ferrari Q2 Earnings Call Highlights
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BizTocFerrari Q2 Earnings Call Highlights
Ferrari (NYSE:RACE) reported higher second-quarter revenue, profitability and industrial free cash flow, supported by a richer vehicle mix, stronger personalization activity and increased racing-related revenue. The company also said demand remained healthy across regions, with its order book coveri
Ferrari reports €1.94bn revenue and raises full-year 2026 forecast
Ferrari has raised its full-year guidance after its 2026 financial results showed sustained growth during the second quarter. Net revenue reached €1.938 billion between April and June, an increase of 8% compared with the same period last year and 11% at constant exchange rates, supported by premium models, personalisation and racing-related activities. Operating profit climbed to €605 million, giving Ferrari a margin of 31.2%. That represented g…
On paper, everything goes well with Maranello. Net profit rises to 463 million euros in the second quarter, up 9% over a year, for a turnover of 1.94 billion euros. Results that exceed the expectations of analysts. But behind these flattering figures lies a more nuanced reality: the number of cars delivered has actually dropped slightly, to 3,366 units, i.e. 128 less than a year ago. Ferrari explains this decline by the renewal of its range, wit…
Maranello, closed the second quarter with a plus 8 percent, raised the guide. "The order book covers until 2027"
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