Ferrari registers new annual sales record in 2022

RahulNagaraj · 5th February 2023, 11:53

Ferrari has released its annual financial results for the previous year. According to reports, the company managed to set a new sales record delivering 13,221 units, compared to 11,155 units in 2021.

The Italian supercar brand also registered a net profit of 939 million euros in 2022, compared to 833 million euros in 2021. The total revenue of the company in 2022 was 5.095 billion euros, a 19 per cent increase from 2021. Of the total revenue, 4.342 billion euros came in from vehicle and spare parts sales, while the Prancing Horse branding & sponsorship deal was the second-largest revenue generator bringing in 479 million euros.

Ferrari states that Europe, the Middle East & Africa region brought in the highest sales in 2022. This region saw 5,958 units being delivered. The Americas brought in 3,447 units of sales, while Mainland China, Hong Kong & Taiwan regions purchased 1,552 cars. The rest of the Asia-Pacific market bought 2,264 units from the supercar brand.

Ferrari registers new annual sales record in 2022-ferraripurosangue1.jpg

The Maranello-based supercar brand is expecting sales & revenue to further increase in 2023. The company expects to close 2023 with a net revenue estimated at 5.7 billion euros, which includes money from its racing & lifestyle activities. Another reason for the high expectations is the brand's recently unveiled Purosangue - the brand's first four-door crossover.

The Ferrari Purosangue is powered by a 6.5-litre V12 engine producing 715 BHP and 716 Nm, paired with an 8-speed dual-clutch transmission. Deliveries for the Purosangue are expected to begin this year, with Ferrari confirming that the product already has a two-year waiting list and has temporarily stopped accepting further orders.

Source: Motor1

Link to Team-BHP news

Venkatesh · 6th February 2023, 13:12

Record 2022 results with expanding demand. The order book sustains an even stronger 2023.

- Total shipments of 13,221 units, up 18.5% versus FY 2021

- Net revenues of Euro 5,095 million, up 19.3% versus prior year

- EBITDA([1]) of Euro 1,773 million, up 15.8% versus prior year

- EBIT of Euro 1,227 million, up 14.1% versus prior year

- EBITDA(1) margin of 34.8% and EBIT margin of 24.1% in the year

- Net profit of Euro 939 million and diluted EPS(1) at Euro 5.09

- Industrial free cash flow(1) generation of Euro 758 million

Press Release - Link

5th February 2023, 11:53	#1
RahulNagaraj Senior - BHPian Join Date: Mar 2021 Location: Bangalore Posts: 2,111 Thanked: 20,567 Times	Ferrari registers new annual sales record in 2022 Ferrari has released its annual financial results for the previous year. According to reports, the company managed to set a new sales record delivering 13,221 units, compared to 11,155 units in 2021. The Italian supercar brand also registered a net profit of 939 million euros in 2022, compared to 833 million euros in 2021. The total revenue of the company in 2022 was 5.095 billion euros, a 19 per cent increase from 2021. Of the total revenue, 4.342 billion euros came in from vehicle and spare parts sales, while the Prancing Horse branding & sponsorship deal was the second-largest revenue generator bringing in 479 million euros. Ferrari states that Europe, the Middle East & Africa region brought in the highest sales in 2022. This region saw 5,958 units being delivered. The Americas brought in 3,447 units of sales, while Mainland China, Hong Kong & Taiwan regions purchased 1,552 cars. The rest of the Asia-Pacific market bought 2,264 units from the supercar brand. The Maranello-based supercar brand is expecting sales & revenue to further increase in 2023. The company expects to close 2023 with a net revenue estimated at 5.7 billion euros, which includes money from its racing & lifestyle activities. Another reason for the high expectations is the brand's recently unveiled Purosangue - the brand's first four-door crossover. The Ferrari Purosangue is powered by a 6.5-litre V12 engine producing 715 BHP and 716 Nm, paired with an 8-speed dual-clutch transmission. Deliveries for the Purosangue are expected to begin this year, with Ferrari confirming that the product already has a two-year waiting list and has temporarily stopped accepting further orders. Source: Motor1 Link to Team-BHP news
	(2) Thanks

6th February 2023, 13:12	#2
Venkatesh Senior - BHPian Join Date: Feb 2020 Location: Hyderabad Posts: 8,269 Thanked: 43,723 Times	Re: Ferrari registers new annual sales record in 2022 Record 2022 results with expanding demand. The order book sustains an even stronger 2023. - Total shipments of 13,221 units, up 18.5% versus FY 2021 - Net revenues of Euro 5,095 million, up 19.3% versus prior year - EBITDA([1]) of Euro 1,773 million, up 15.8% versus prior year - EBIT of Euro 1,227 million, up 14.1% versus prior year - EBITDA(1) margin of 34.8% and EBIT margin of 24.1% in the year - Net profit of Euro 939 million and diluted EPS(1) at Euro 5.09 - Industrial free cash flow(1) generation of Euro 758 million Press Release - Link Last edited by Venkatesh : 6th February 2023 at 13:14.
	(1) Thanks