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FERRARI BALANCE SHEET 2007: EXCELLENT END OF YEAR RESULTS, A HISTORIC RECORD FOR THE COMPANY

Ferrari has ended 2007 with all its key economic indicators significantly up and with record breaking results that are unprecedented in its history topped off by the Ferrari Formula One Team securing both the manufacturers’ and drivers’ championship titles, Ferrari’s board of directors were informed today. (12 February 2008)

Ferrari’s revenues (turnover) increased from the 1,447 million Euro recorded in 2006 to 1,668 million Euro in 2007, a jump of 15.3%, thanks in great part to excellent sales of the F430 and 599 GTB Fiorano.

Ferrari’s trading profit of 266 million Eurorepresents a massive 45.4% increase on last year’s figure and brings Ferrari’s ROS (Return on Sales) up to 16% compared to 12.6% in 2006. This major increase comes despite the fall in the value of the dollar, a currency in which around 30% of Ferrari sales are made.

The exceptional results obtained were predominately thanks to increased sales volumes and efficiency measures which were partly offset by increased investment in Research and Development.

Ferrari recorded a positive net financial position of€299 million, a significant improvement on the 2006 figure of €213 million (+40.4%).

A total of 6,465 road cars (i.e. non-track use cars) were delivered to clients, an increase of 14% on 2006.

Ferrari has also been receiving very positive signals from all of its key markets and it recorded unprecedented levels of growth in the emerging markets. Sales to the Asia-Pacific region rose by 47.2% on last year’s figure while the Middle East was up by 32.3%. The trend was positive too, however, on more traditional markets such as the United States (+7.7%), Great Britain (+8.2%) and Germany (+5.9%).

A total of €299 million was allocated for Investments and Research and Development (not including Formula 1). This is a 29% increase on 2006 and the equivalent of 18% of the company’s revenues. The investments concerned future model development, the building of the new company restaurant as well as the new production lines facility designed by Frenchman Jean Nouvel, an addition that continues Ferrari’s tradition of collaborating with top international architects. Both facilities will be officially opened within the next few months.

Summary of the main figures for 2007:

  • Sales to end clients: 6,465 cars homologated for road use, as compared to 5,671 in 2006 (+14%)
  • Consolidated turnover: 1,668 million Euro with respect to 1,447 in 2006 (+15.3%)
  • Trading Profit: 266 million Euro as compared to 183 in 2006 (+45.4%)
  • Net financial position: +299million Euro compared to +213 million Euro in 2006
  • Resources allocated for Investment and Research and Development: 299 million Euro, the equivalent of 18% of turnover (232 million Euro in 2006 or 16% of turnover)
  • Employees: 2,926 on December 31st 2007.

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For further information, please contact

Kevin Wall
/ Tel: +61 2 9701 8000
General Manager, European Automotive Imports / Fax: +61 2 9701 3555
Official Ferrari importer Australia & New Zealand / E:
Edward Rowe
/ Tel: +61 2 9701 8000
Public Relations Manager / Fax: +61 2 9701 3555
European Automotive Imports / Mob: +61 407 913 244
Official Ferrari importer Australia & New Zealand / E:
EUROPEAN AUTOMOTIVE IMPORTS PTY LTD
Street Address: Heritage Building, Campus Business Park, 350 Parramatta Road, Homebush NSW 2140 Australia.
Postal Address: Ateco Automotive Pty Ltd,Locked Bag 260, Silverwater, NSW 1811, Australia
A.B.N. 79 115 107 189
EAI Media web site: Australia:
New Zealand:

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Release Number: Ferrari_267

Date of Issue: 24 October 2018. Time of Issue: 07:00:35