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RACE Ferrari NV

430.29

5.73 (1.35%)

04 May 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type
Ferrari NV	NYSE:RACE	NYSE	Common Stock

	Price Change	% Change	Share Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	5.73	1.35%	430.29	434.10	428.82	432.78	288,971	01:00:00

FERRARI, A RECORD QUARTER: ON THE WAY TO A GREAT YEAR

04/05/2017 11:04am

GlobeNewswire

Ferrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results for the first quarter ended March 31, 2017, summarized as follows:

Total shipments at 2,003 units, up 121 units (+6.4%)
Net revenues grew at Euro 821 million, up 21.5% (+20.4% at constant currencies)
Adjusted EBITDA of Euro 242 million, margin now at 29.5% (30.1% without FX hedges)
Adjusted EBIT of Euro 177 million, 360 bps margin increase to 21.6% (22.3% without FX hedges)
Adjusted net profit up 60.1% to Euro 124 million
Net industrial debtreduced to Euro 578 million

2017_05_04 - Ferrari Q1 2017 Results Press Release FINAL_ENG clean

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FERRARI via Globenewswire