Ferrari registered net revenues of 6 billion euros in 2023, up 17% with an adjusted EBITDA of 2.3 billion euros, while net profit exceeded one billion euros for the first time. 98.7% of Ferrari's Italian employees had signed up to a new share ownership plan, adding that the scheme would be extended to its workers worldwide.
He admitted that 2023 was a difficult year for Ferrari's FormulaOne team, but said there had been "encouraging" signs since the victory at the Singapore Grand Prix in September. (HANDLE)... Ferrari Chairman John Elkann hailed Ferrari's financial and sporting results on Wednesday as opening the legendary luxury carmakers' shareholders' meeting. "Ferraris uniqueness in the luxury sector is evident not only in our solid financial results, which set new records, but also in the predictability and consistency of the results, as well as the delivery of our promises, all factors that help instill confidence in investors," Elkann said.