Exhibit 99.1 Ferrari N.V. Interim Report At and for the three months ended March 31, 2025 CONTENTS | | Page | | --- | --- | | BOARD OF DIRECTORS | 1 | | INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | 1 | | CERTAIN DEFINED TERMS | 1 | | INTRODUCTION | 2 | | FORWARD-LOOKING STATEMENTS | 3 | | MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS | | | Highlights | 5 | | Results of Operations | 8 | | Liquidity and Capital Resources | 12 | | Non-GAAP Financial Measures | 18 | | ...

Ferrari (RACE) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.54%. A quarter ago, it was expected that this luxury sports car maker would post earnings of $1.89 per share when it actually produced earnings of $2.28, delivering a surprise of 20.63%.Over the last four quarters, the c ...

The winner of the annual Adam Ferrari Health Science Scholarship will be announced in August 2025. More information about the scholarship, including essay guidelines and submission instructions, can be found at www.adamferrarischolarship.com. To learn more about Adam Ferrari and the mission of the Ferrari Foundation, please visit www.theferrarifoundation.org. Applicants must be first-year students who have been accepted to and will be enrolling full-time at an accredited U.S. college or university beginning ...

Ferrari on Tuesday said tariffs imposed by the U.S. pose a potential risk to the luxury car maker's profitability, becoming the latest company to warn about a hit to earnings or cut financial forecasts as many cite market uncertainty aggravated by President Donald Trump's levies. Ferrari noted in its first-quarter financial report the company was subject to a "potential risk" of a 50 basis points reduction to earnings in 2025, as the luxury car maker cited the "introduction of import tariffs on [European] c ...

智通财经5月6日电，法拉利首席执行官表示，法拉利首款电动车型将从10月开始亮相。 ...

法拉利第一季度净收入17.91亿欧元 同比增长13% 智通财经5月6日电，法拉利公布2025年第一季度业绩，净收入为17.91亿欧元，同比增长13.0%；总交付 量为3593台，同比增长0.9%；营业利润（息税前利润）为5.42亿欧元，同比增长22.7%；净利润4.12亿 欧元同比增长17%，摊薄每股收益2.30欧元。本季度交付的产品包括8款内燃机（ICE）车型和5款混合 动力发动机车型，分别占总出货量的51%和49%。 ...

Core Insights - Ferrari reported strong financial performance in Q1 2025, with double-digit growth across key metrics, confirming the effectiveness of its strategy focused on revenue quality over quantity [1][5][16] - The company launched six new models in 2025, including the Ferrari elettrica, enhancing its product offering and driving demand [1][25] Financial Performance - Net revenues reached €1,791 million, a 13% increase from €1,585 million in Q1 2024 [5][7] - Operating profit (EBIT) was €542 million, up 22.7% year-over-year, with an EBIT margin of 30.3% [5][12] - Net profit increased to €412 million, reflecting a 17% growth compared to €352 million in the previous year [5][16] - Basic and diluted EPS rose to €2.30, an 18% increase from €1.95 in Q1 2024 [5][16] Shipments and Geographic Breakdown - Total shipments were 3,593 units, a slight increase of 1% from 3,560 units in Q1 2024 [2][3] - Shipments in EMEA rose by 8% to 1,701 units, while the Americas saw a 3% increase to 1,022 units [2][3] - Mainland China, Hong Kong, and Taiwan experienced a 25% decline in shipments, totaling 237 units [2][3] Revenue Breakdown - Revenues from cars and spare parts amounted to €1,536 million, up 11% year-over-year [7][8] - Sponsorship, commercial, and brand revenues surged by 32% to €191 million, driven by new sponsorships and improved Formula 1 performance [8][9] - Other revenues increased slightly to €64 million, with contributions from financial services [9] Cost and Profitability Metrics - EBITDA for Q1 2025 was €693 million, reflecting a 14.6% increase, with an EBITDA margin of 38.7% [10][12] - Industrial free cash flow was robust at €620 million, supported by increased EBITDA and positive changes in working capital [17][18] Capital Expenditures and R&D - Capital expenditures totaled €224 million, with research and development costs at €233 million [31][41] - The company continues to invest in innovation and racing activities, which are essential for maintaining its competitive edge [14][22] Guidance and Future Outlook - Ferrari reaffirmed its financial targets for 2025, expecting net revenues to exceed €7 billion, with adjusted EBITDA margins of at least 38.3% [20][24] - The company anticipates potential risks related to profitability margins due to new import tariffs on EU cars into the USA [20][24]

金十图示：2025年05月05日（周一）全球汽车制造商市值变化 @ JIN10.COM 金十数据 | 一个交易工具 JIN10.COM t with and and the comments of the count | 宝马汽车 | 525.54 | 1 +3.65 | 84.84 | | --- | --- | --- | --- | | 保时捷 | 464.44 | 1 +8.97 | 50.98 | | > 玛鲁蒂铃木 | 461.38 | 1 +4.97 | 146.75 | | ( 本田汽车 | 444.5 | 1 +5.05 | 30.68 | | gm 通用汽车 | 435.53 | 1 +2.38 | 45.3 | | 马恒达汽车 S | 414.66 | + -1.46 | 34.57 | | 福特汽车 | 408.79 | 1 +3.97 | 10.28 | | 19 现代汽车 | 327.55 | ↑ +17.31 | 53 | | 赛力斯 II | 292.7 | 1 +7.83 | 17.92 | | 塔塔汽车 | 284.29 | 1 +3.37 | 7.72 | | 斯特兰蒂斯 ...

Group 1 - Ferrari's revenue has been consistently growing, with a 5-year historical annual growth averaging 18.3% [1] - The company's unique moat is supported by its rich heritage and scarcity [1] - Key growth catalysts for Ferrari include the rising global popularity of its brand [1]

Group 1: Economic Outlook and Investment Opportunities - The probability of a U.S. recession in 2025 is estimated between 45% and 60%, influencing investment strategies [1] - Two stocks identified as potential buying opportunities during a recession are Ferrari and BYD [1] Group 2: BYD's Market Position and Strategy - BYD dominates China's new energy vehicle (NEV) market with nearly 30% market share as of March, significantly ahead of its closest competitor at 11.2% [3] - The company expects to double its international sales to approximately 800,000 units by 2025, despite not yet entering the U.S. market [3] - BYD's vertical integration and in-house component production lead to lower battery costs, providing a competitive advantage [4] - The transition to electric vehicles positions BYD favorably for future growth, even if a recession temporarily slows its progress [4] Group 3: Ferrari's Business Model and Resilience - Ferrari is characterized as an ultra-luxury automaker with strong brand power, pricing power, and impressive margins [5] - The super-wealthy demographic that purchases Ferrari vehicles is less affected by economic downturns, ensuring consistent demand [5] - Ferrari maintains exclusivity through a strict ownership process and limited vehicle deliveries, resulting in wait lists extending beyond two years [6] - The company’s vehicle deliveries are projected to grow in the mid to single digits annually, with improving margins due to strong pricing power [7] - Ferrari's margins are significantly higher than its peers and are on an upward trend, indicating durable competitive advantages [9] Group 4: Future Growth Potential - BYD is well-positioned for continued expansion in the EV market, with potential growth opportunities in the U.S. [10] - Ferrari's exceptional business attributes and improving margins make it a sound investment, especially if a recession leads to a lower valuation [11]