Overview
- Third‑quarter net revenues rose about 7% year over year, with adjusted EBITDA up 5% to €670 million and net profit at €382 million, topping estimates.
- Shipments increased 1% to 3,401 vehicles, while the adjusted EBITDA margin eased 87 basis points to 37.9%.
- Ferrari raised 2025 guidance to at least €7.1 billion in revenue and more than €2.72 billion in adjusted EBITDA, and it maintained adjusted EPS of at least €8.80.
- Cash totaled €1.42 billion at quarter end and net industrial debt declined to €116 million from €338 million at June 30.
- CEO Benedetto Vigna reiterated a multi‑powertrain strategy and progress toward the Ferrari Elettrica as the company advances its 2030 plan.