Ferrari has revised upward its financial forecast for 2023, when revenues are expected to rise to 5.8 billion euros. There were 3,392 cars delivered in the past three months, down 63 from the same period in 2022. The EMEA region posted a 17.3 percent increase and the Americas suffered a 17.5 percent decline. Mainland China, Hong Kong, and Taiwan remained roughly stable, and the rest of Asia-Pacific saw a 15.6 percent decline. Deliveries were driven by the 296 Gtb, Roma and Portofino M models, while the 296 Gts and 812 Competizione A were in the start-up phase. During the quarter, the first deliveries of the Purosangue began while those of the Daytona Sp3 continued as planned. Included in the product range are nine models with internal combustion engines and four with hybrid engines. Deliveries of the latter reached 43 percent of the total and doubled. Between April and June, net revenues totaled 1.474 billion euros, up 14.1 percent year-on-year. The Rossa passed the billion-euro ebitda threshold in a single half-year, whereas it had taken the whole of 2017 to exceed that level. The rate of orders received for the Purosangue was four to five times what was expected, and the Maranello-based company had to put a stop to orders, which will be reopened from 2026. The first electric Ferrari will be unveiled in the fourth quarter of 2025.
|