Ferrari reports Q1 EPS EUR 2.30 vs. EUR 1.95 last year

Reports Q1 revenue EUR 1.79B vs. EUR 1.59B last year. Reports total shipments 3,593 units. “Another year is off to a great start” said Benedetto Vigna, CEO of Ferrari (RACE). “In the first quarter of 2025, with very few incremental shipments year on year, all key metrics recorded double-digit growth, underscoring a strong profitability driven by our product mix and continued demand for personalizations. This confirms – once again – our strategy of ‘quality of revenues over quantity’. We continue to enrich our product offering – in line with our plans – with six new models this year, which include the newly launched 296 Speciale, 296 Speciale A and the much-anticipated Ferrari elettrica through a unique and innovative unveiling. We are very excited about what lies ahead.”