Financial PerformanceFerrari reported 2Q24 adjusted net income of EUR413mn, marking an 18% increase quarter-over-quarter and a 24% increase year-over-year, significantly beating expectations.
Market Position And StrategyFerrari's strong brand equity, exclusivity, engineering excellence, and significant presence in the car racing industry are key competitive strengths supporting its market position.
Order Book And SalesFerrari's vehicle lines are sold out until the end of their production life, with the order book stretching well into 2026.