Italian luxury car manufacturer Ferrari makes net profit in the first three months of 2025’ %It reported a slightly better-than-expected first quarter, up 17 percent to 412 million Euro’. The automaker also warned that U.S. trade tariffs could hit gains later this year.
2025Net revenues in the first quarter of ’ compared to the previous year %It increased by 13 to 1.8 billion euros.
Ferrari CEO ’ Benedetto Vigna said “ is making a great start to another year. “2025In the first quarter of ’, with a very small number of increased shipments year-over-year, all key metrics recorded double-digit growth, underlining the strong profitability driven by our product mix and ongoing demand for personalization.”
Revenues from the automobile manufacturing business, partly due to increased personalization %It's up 11.1.
General shipments in the first quarter, mainly driven by demand in the EMEA region and USA’ %It increased by 0.9, but shipments to Mainland China, Hong Kong and Taiwan ’ decreased.
Sponsorship, advertising and brand revenues %It's up 32.1.
Appearance for 2025
The Italian automaker expects net revenues for the whole of 2025 on an annual basis. %It expects to increase by 5 to generate more than 7 billion Euro’ revenues. According to the manual, the adjusted operating profit %It is expected to be around €2.03 billion or more, with an increase of 7 or more.
However, the automaker warned that this profit could decrease if U.S. tariffs hit the automaker harder than expected. "The guidance above is subject to the potential risk of a 50 basis point drop in profitability percentage margins (EBITDA and EBITDA margins) in connection with the update of trade policy following the introduction of import tariffs on EU vehicles in the USA," “ said in a statement.
At the end of March, Ferrari announced that Trump’ had applied to European car imports. Prices of certain models in response to ’ car tariffs %He had already announced that he would increase it to 10’.
Vigna, “In line with our plans, we continue to enrich our product offering with a unique and innovative introduction this year with six new models, including the newly released 296 Speciale, 296 Speciale A and the highly anticipated Ferrari elettrica’, ” said. “We're very excited about what's coming.”
Ferrari’'s share prices follow report published at 16.30’ (CEST) in Italy trade at Euronext Milan’ %Increased by more than 1.8’.
