Overview

• The company raised its 2025 net revenue guidance to at least €7.1 billion.
• Ferrari’s 2030 plan targets roughly €9.0 billion in revenue, at least €3.6 billion in adjusted EBITDA, and at least €2.75 billion in EBIT with a margin of 30% or more and an EBITDA margin of 40% or more.
• Management projects about €8.0 billion in cumulative industrial free cash flow for 2026–2030 alongside approximately €4.7 billion in capital expenditures focused on product innovation and infrastructure.
• Shareholder remuneration totals around €7.0 billion, split between a €3.5 billion buyback running from 2026 through the plan and dividends, with the payout ratio increased to 40% of adjusted net profit.
• Shares were halted and last down about 11% after the presentation, with investors reacting to Ferrari cutting its 2030 fully electric model mix goal to 20% and emphasizing hybrids and combustion models.