This business continues putting up strong numbers, which has helped drive investor returns. Ferrari (RACE 0.15%) just reported financial results for the first quarter. They were positive as revenue and adjusted diluted earnings per share rose 11% and 20%, respectively, compared to the year-ago period. But some investors might have been disappointed by the fact that management maintained its full-year outlook. This unstoppable automotive stock has soared 188% just in the past five years, while the S&P 500 is ...

Maranello (Italy), 14 May 2024 – Ferrari N.V. (NYSE/EXM: RACE) (the "Issuer") today announces the pricing of a Euro 500 million issue of notes due in May 2030 (the "Notes"), being well over two times oversubscribed. The issue price of the Notes is equal to 99.677% of their principal amount and the Notes have a fixed annual coupon of 3.625%. The proceeds of the issue will be used for general corporate purposes. Banco Santander S.A., BNP Paribas, Citigroup Global Markets Europe AG, Crédit Agricole Corporate & ...

Maranello (Italy), May 13 2024 – Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari" or the "Company") informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the "Fourth Tranche"), the additional common shares - reported in aggregate form, on a daily basis - on ...

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON Maranello (Italy), 13 May, 2024 - Ferrari N.V. ("Ferrari") (NYSE/EXM: RACE) announced today that it plans to offer unsecured debt securities (the "Notes") in benchmark size and subject to market conditions. The Notes are intended to rank pari passu with respect to all other outstanding unsecured and unsubo ...

Q1 2024 RESULTS MARANELLO, MAY 7, 2024 SAFE HA ...

财务数据和关键指标变化 - 总收入达到约16亿欧元,同比增长11% [21] - 调整后EBITDA为6.05亿欧元,同比增长约13%,利润率为38.2% [21] - 净利润为3.52亿欧元,每股调整后摊薄收益为1.95欧元,同比增长20% [21] - 工业自由现金流达3.21亿欧元 [30] 各条业务线数据和关键指标变化 - 汽车和备件收入是主要贡献因素,受益于更丰富的产品组合和个性化需求强劲 [24] - 赞助、商业和品牌收入增加,主要得益于赞助活动的增加,部分被2023年F1排名下降的影响所抵消 [25] - 其他收入保持平稳,金融服务业务贡献增加,但发动机销售给玛莎拉蒂的收入下降 [25] 各个市场数据和关键指标变化 - 欧洲、美洲交付量增加,大中华区交付量下降79辆 [22] - 中国市场交付结构发生变化,混合动力车型占比提高 [59] - 公司保持中国市场占比低于10%的策略 [59] 公司战略和发展方向及行业竞争 - 公司坚持"价值优于数量"的策略,交付量保持平稳 [7][52] - 推出两款全新的V12双门跑车Dodici Cilindri,获得客户热烈反响 [9][15] - 6月21日将启用新的电动车生产基地,为未来电动车发展奠定基础 [12][13] - 与合作伙伴NXP、SK On等在电池和电驱技术方面持续创新 [10][11] - 在美国市场开展丰富的品牌体验活动,加强与客户的联系 [14][16][17] - 与惠普公司达成多年赞助合作,共同致力于创新、可持续发展 [17] 管理层对经营环境和未来前景的评论 - 订单状况保持强劲,几乎所有车型基本售罄 [8] - 对2024年全年发展充满信心,将继续执行既定的业务计划 [32] - 预计2024年价格和产品组合的贡献将超过10% [100] 其他重要信息 - 公司98%的员工参与了股权计划,体现了员工的高度认同感 [18] - 新车型Dodici Cilindri获得红点奖,体现了公司在创新方面的实力 [10] - 在意大利,公司2023年提交了181项专利申请,平均每两天一项 [10] 问答环节重要的提问和回答 问题1 **George Galliers 提问** 询问订单状况的"正常化"意味着什么,以及是否出现异常的订单取消情况 [36][37] **Benedetto Vigna 回答** "正常化"是指新车型订单尚未纳入,订单总量有所下降,但不存在异常的订单取消情况 [38][39][40] 问题2 **John Murphy 提问** 询问Q1利润率高达74%的原因 [45][46][47][48][49] **Antonio Picca Piccon 回答** 主要得益于产品组合、个性化需求和国家结构的改善 [47][48] 问题3 **Tom Narayan 提问** 询问中国市场交付量下降的原因 [56][57][58][59] **Benedetto Vigna 回答** 中国市场混合动力车型占比提高,公司保持中国市场占比低于10%的策略 [59]

Exhibit 99.1 Ferrari N.V. Interim Report At and for the three months ended March 31, 2024 ____________________________________________________________________________________________________ CONTENTS Page BOARD OF DIRECTORS 1 INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 1 CERTAIN DEFINED TERMS 1 INTRODUCTION 2 FORWARD-LOOKING STATEMENTS 3 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Highlights 5 Results of Operations 8 Liquidity and Capital Resources 12 Non-GAAP Fin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 6-K _______________________________ REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 (For the month of February 2024) Commission File No. 001-37596 _______________________________ FERRARI N.V. (Translation of Registrant’s Name Into English) _______________________________ Via Abetone Inferiore n.4 I-41053 Maranello (MO) Italy Tel. No.: +39 0536 ...

Ferrari N.V. 2023 ANNUAL REPORT AND FORM 20-F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT ☐ OF 1934 OR ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) O ...

财务数据和关键指标变化 - 2023年全年收入约60亿欧元,同比增长17% [12] - 2023年EBITDA达22.8亿欧元,创历史新高,EBITDA利润率为38.2% [12] - 2023年净利润超过10亿欧元,创历史新高,净利润率为21% [12] - 2023年工业自由现金流达9.32亿欧元 [17] 各条业务线数据和关键指标变化 - 2023年交付量增加不到450辆,增幅有限 [13] - 混合动力车型占比翻倍至44% [13] - 特别版车型如812 Competizione和Daytona SP3交付量增加 [13] - 个性化选配占收入比重约19%,主要体现在涂装、车身贴膜和碳纤维使用 [14] 各个市场数据和关键指标变化 - 欧洲和美洲市场交付量占比超过70%,同比增长 [13] - 中国大陆、香港和台湾市场交付量占比下降至11%,符合公司长期目标 [13] 公司战略和发展方向及行业竞争 - 公司将继续在F1和耐力赛领域保持竞争力 [8][9] - 2024年将推出3款新车型,并继续丰富客户体验活动 [10] - 生活方式业务将进一步扩大规模,提升品牌知名度 [10][62] - 公司坚持碳中和目标,未来18个月内将关闭3台发电机组 [6][10] 管理层对经营环境和未来前景的评论 - 尽管面临全球紧张局势、地缠冲突和供应链中断等挑战,但公司灵活性和敏捷性以及客户和合作伙伴的持续支持,让公司对2024年充满信心 [7] - 订单覆盖至2025年,显示品牌活力持续 [7] - 二手车残值保持稳健,正在从疫情后的高峰水平回归正常 [7] 其他重要信息 - 2023年公司为员工发放高达13,500欧元的年度奖金 [6] - 公司推出多项员工福利计划,包括全球范围内获得同工同酬认证 [6] 问答环节重要的提问和回答 问题1 **John Babcock 提问** 混合动力车型对利润有何影响 [23][24] **Benedetto Vigna 回答** 混合动力车型的客户群与传统车型相似,利润水平也在同一水平 [24] 问题2 **Michael Binetti 提问** 2024年自由现金流指引较低的原因 [29][30] **Antonio Picca Piccon 回答** 主要由于税收支付增加、资本支出增加以及营运资金变化负面影响 [29][30] 问题3 **Susy Tibaldi 提问** 2024年毛利率指引持平的原因 [36][37] **Antonio Picca Piccon 回答** 成本上涨、品牌投入增加以及F1支出增加等因素抵消了产品组合和个性化带来的正面影响 [36][37]