Maranello (Italy), 25 November 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the third tranche of the common share buyback program announced on 14 November 2019 (“Third Tranche”), the Company has purchased additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange… Continue reading @Ferrari: Ferrari N.V.: periodic report on the buyback program
Author: Ferrari Official News
President of Italy meets new Ferrari Roma
Italian President Sergio Mattarella today welcomed Ferrari Chairman John Elkann and Deputy Chairman Piero Ferrari to his official residence at the Quirinal Palace, where they introduced him to the Maranello marque’s latest coupé, the Ferrari Roma. “It has been an honour showing the Ferrari Roma to President Mattarella,” declared John Elkann as he left the… Continue reading President of Italy meets new Ferrari Roma
Ferrari Roma: “la Nuova Dolce Vita”
Rome, 13 November 2019 – The Ferrari Roma was revealed during a dedicated client event held in Italy’s iconic capital. The new mid-front-engined 2+ coupé features refined proportions and timeless design combined with unparalleled performance and handling. Not only is the Ferrari Roma an icon of Italian design, but it also represents the pinnacle of… Continue reading Ferrari Roma: “la Nuova Dolce Vita”
Amatrice’s new Multi-school Campus named in honour of Sergio Marchionne
Chairman John Elkann announces an educational project with Multi-school Campus Amatrice’s new Istituto Onnicomprensivo Multi-school Campus, which was built in the aftermath of the earthquake that devastated Central Italy in 2016, was officially named in honour of the late Sergio Marchionne today. The ceremony was attended by representatives of the various authorities and institutions that… Continue reading Amatrice’s new Multi-school Campus named in honour of Sergio Marchionne
Ferrari appoints Rocco Iannone as new Brand Diversification Creative Director
Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) is pleased to announce the appointment of Rocco Iannone as its Brand Diversification Creative Director. Starting from November 4, Mr. Iannone takes responsibility for developing the creative content, design and image of all of Ferrari’s own and licenced apparel and accessories collections. The 35-year-old holds a Fashion Degree from Milan’s… Continue reading Ferrari appoints Rocco Iannone as new Brand Diversification Creative Director
Solid Q3 2019 on all metrics
Robust performance leads to upgrading 2019 guidance Ferrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results(5) for the third quarter and nine months ended September 30, 2019, summarized as follows: Total shipments of 2,474 units, up +9.4% Net revenues of Euro 915 million, up +9.2% or +7.1% at constant currency(1) Adj. EBITDA(2) of Euro… Continue reading Solid Q3 2019 on all metrics
Ferrari Opens Tailor Made Center in New York City
Englewood Cliffs New Jersey, 3 October 2019 – Ferrari opens its first Tailor Made Center in the United States today in New York City. The only space of its kind in the Americas, this new Center continues the long-standing tradition of car customization and personalization that began at the factory in Maranello in the 1950s… Continue reading Ferrari Opens Tailor Made Center in New York City
Ferrari signs new Performance bonus agreement for its Italian workforce, further investing in its employees
Maranello, September 26, 2019 – Ferrari N.V. (NYSE/MTA: RACE) and the trade unions yesterday signed a new Performance bonus agreement, which will be in force from 2020 to 2023, in the context of the trade union relationships as normed by the Collective labour agreement (CCSL). The agreement improves the economic conditions and places a strong… Continue reading Ferrari signs new Performance bonus agreement for its Italian workforce, further investing in its employees
Ferrari 812 GTS: the V12 spider returns
800 cv makes it the most powerful production convertible on the market Maranello, 9 September 2019 – Exactly 50 years on from the debut of the last spider in the Ferrari range to sport a front-mounted V12, the 812 GTS hails a triumphant return for a model type that has played a pivotal role in… Continue reading Ferrari 812 GTS: the V12 spider returns
H1 2019 results confirm 2019 guidance with improved cash flow
UNVEILING OF FIRST HYBRID SERIES-PRODUCTION SUPERCAR, SF90 STRADALE Total shipments of 2,671 units, up +8.4% Net revenues of Euro 984 million, up +8.6% or +6.8% at constant currency Adj. EBITDAof Euro 314 million, up +8.7% with an EBITDA margin of 32.0% Adj. diluted EPS of Euro 0.96 (+13.9%) Industrial free cash flowgeneration of Euro 139 million,… Continue reading H1 2019 results confirm 2019 guidance with improved cash flow