The automotive company closed its financial year with a net profit of 939 million euros and an industrial free cash flow generation of 758 million euros
Ferrari has increased its net profit in 2022 to 939 million euros, an increase of 12.7% compared to 2021. Gross operating profit (Ebitda) rose to 1,733 million euros, an increase of 15.8% compared to last year.
While,
operating profit was 14.1% higher to that of 2021, to 1,227 million euros.
These figures form the basis for an even stronger 2023, fueled by continued high demand for our products around the world,” said Benedetto Vigna, CEO of Ferrari.
“Despite a complex global macro scenario, we look to the future with great confidence, encouraged by the many signs and achievements of a developing Ferrari. We are constantly innovating our products and processes, and we are approaching our
targets for decarbonisation. All this is possible thanks to the cooperation, the will to move forward, continuous learning, concentration and trust that distinguish our people”.
In addition to the good results for the company, the major beneficiaries this time are the approximately 5,000 employees who
they receive a bonus of 13,500 euros this year, representing a 12.5% increase over the previous bonus.
Ferrari’s turnover reached 5,095 million euros at the end of last year,
19.3% more than last year. Registrations increased by 18.5% to 13,221 vehicle units in 2022.
“Last year ended with extraordinary financial results that met and exceeded our forecasts, laying the foundation for an even stronger 2023, i
driven by continued high demand of our products around the world, despite the complex macroeconomic scenario,” said Vigna.
Source: La Verdad
I am Mary Fitzgerald, a professional journalist and author of the Today Times Live. My specialty is in writing and reporting on technology-related topics. I have spent the last seven years extensively researching and understanding the field of technology so I can properly inform my readers about developments in this ever-evolving world.
