Ferrari NV
Company Profile
Business description
Ferrari designs, engineers and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2023, the company sold 13,663 vehicles at an average price over EUR 400,000 with more than 70% of its vehicles being sold to existing Ferrari clients. Eighty-six percent of revenue is generated from sales of cars and spare parts, 10% from sponsorship linked to its racing activities, and the remainder sourced from its captive finance company. In 2023, the Europe, Middle East, and Africa region accounted for 48% of revenue, the Americas was 30%, China was 10%, and rest of Asia was 13%.
Contact
Via Abetone Inferiore n. 4
MaranelloI-41053
ITAT: +39 536949111
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Auto Manufacturers
Fiscal Year End
31 December 2024
Employees
5,239
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