Overview
- Ferrari posted a €412 million net profit for Q1 2025, a 17% increase year-on-year, driven by strong demand for high-margin models and customizations.
- The company warned that new U.S. tariffs on EU car imports could reduce 2025 EBIT and EBITDA margins by 50 basis points.
- In response to the tariffs, Ferrari raised prices by 10% on select models, potentially adding up to $50,000 to the cost of a vehicle.
- Despite external pressures, Ferrari reaffirmed its 2025 financial guidance, projecting over €7 billion in revenue and at least €2.68 billion in EBITDA.
- Ferrari confirmed the debut of its first all-electric model, the Elettrica, set for spring 2026, with deliveries planned for October 2026.