The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital.Luxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personalization.Ferrari posted net profit of 1.53 billion euros ($1.58 billion) for the full-year 2024 period, reflecting a 21% increase from the previous year.Milan-listed shares of the company rose 4.8% on the news before trading was halted.This is breaking news. Please refresh for updates. ...

Net revenues of Euro 6,677 million, up 11.8% versus prior year, with total shipments of 13,752 unitsOperating profit (EBIT)(1) of Euro 1,888 million, up 16.7% versus prior year, with Operating profit (EBIT) margin of 28.3%Net profit of Euro 1,526 million and diluted EPS at Euro 8.46EBITDA(1) of Euro 2,555 million, up 12.1% versus prior year, with EBITDA margin of 38.3%Industrial free cash flow(1) generation of Euro 1,027 millionCapital Markets Day on October 9, 2025 in Maranello “Quality of revenues over vo ...

Unmatched. Unwavering, Unforgettable. Polaris Delivers Winning Performance to Racers With 30 Purpose-Built RZR Pro R Factory Machines Scanlon Clarke Industries (SCi) and RZR Factory Racing Team Set to Provide Sale Support MINNEAPOLIS, Jan. 31, 2025 /PRNewswire/ -- Polaris Off Road, the leader in off-road vehicle innovation, today announces the availability of the RZR Pro R Factory - a groundbreaking race-ready platform developed by the RZR Racing division and proven in the world's toughest races. As the onl ...

When you think of the next big electric vehicle (EV) stock, you might think of those vying to be the next Tesla, such as Rivian Automotive. Or you might try your luck with a next-generation battery developer, QuantumScape. Or you might stick with the mainstream autos you know and mostly love, Ford Motor Company and General Motors.But you likely wouldn't have thought of Ferrari (RACE 0.56%), which actually sold more hybrids in the third quarter of 2024 than it did vehicles with internal combustion engines. H ...

Maranello (Italy), January 24, 2025 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the full year and fourth quarter of 2024 will be released on Tuesday, February 4, 2025. A live audio webcast and conference call of the 2024 full year and fourth quarter results will begin at 2:00 p.m. GMT / 3:00 p.m. CET / 9:00 a.m. EST on Tuesday, February 4. Details for accessing this presentation will be available in the Investors section of Ferrari’s corporate website at https: ...

DENVER, Jan. 22, 2025 (GLOBE NEWSWIRE) -- The Ferrari Foundation is proud to announce Annie O’Brien, a nursing student at Marquette University, as the 2024 recipient of the Adam Ferrari Health Science Scholarship. Selected from a highly competitive pool of applicants, Annie impressed the scholarship committee with her academic excellence, dedication to healthcare, and her inspiring commitment to advocating for individuals with physical disabilities. Annie’s passion for nursing was deeply influenced by her c ...

Maranello (Italy), 17 January 2025 - Ferrari N.V. (the “Company”) (NYSE/EXM: RACE) announced today the following corporate calendar for year 20251: Earnings Releases 4 February 2025 - Group results for 4th quarter and full-year 20246 May 2025 - Group results for 1st quarter 202531 July 2025 - Group results for 2nd quarter 20254 November 2025 - Group results for 3rd quarter 2025 A conference call for financial analysts is also planned on the date of each earnings release. Listen only live webcasts of the pr ...

DENVER, Jan. 10, 2025 (GLOBE NEWSWIRE) -- The application period for the 2024 Adam Ferrari Health Science Scholarship, sponsored by The Ferrari Foundation, has officially closed. This $20,000 scholarship program, spearheaded by Adam Ferrari, CEO of Phoenix Capital Group, attracted an impressive and diverse group of first-year health science students from across the country. These aspiring healthcare professionals share a common goal: to improve care for individuals with physical disabilities. The scholarshi ...

Meet Ferrari's (RACE 0.38%) newest supercar, the F80. While it might be nearly impossible to get your hands on one, considering Ferrari's notorious exclusivity with selling its vehicles, it's likely to help power the automaker's future profits. And if you can't buy a Ferrari F80, buying the stock might just be your next best option.Here's why. Ferrari is powering profitsThe F80 packs a punch, no matter how you look at it. Whether it's the sharp red paint Ferraris are known for, the top speed of nearly 220 m ...

I aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates.I manage a concentrated portfolio targeted at avoiding losers and maximizing exposure to big winners. This means that often I'll rate great companies at a 'Hold' because their growth opportunity is below my threshold, or their d ...