法拉利(RACE)
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Ferrari N.V.: Periodic Report on the Buyback Program
Newsfilter· 2024-05-20 17:42
Since the announcement of such Fourth Tranche till May 17, 2024, the total invested consideration has been: As of May 17, 2024, the Company held in treasury No. 13,964,143 common shares equal to 5.43% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company's equity incentive plan. Maranello (Italy), May 20, 2024 – Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari" or the "Company") informs that the Company has purchased, under the Euro 350 ...
Ferrari N.V.: Periodic Report on the Buyback Program
globenewswire.com· 2024-05-20 17:42
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase Maranello (Italy), May 20, 2024 – Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari" or the "Company") informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets ...
3 Things You Must Know About Ferrari Before You Buy the Stock
The Motley Fool· 2024-05-15 22:07
This business continues putting up strong numbers, which has helped drive investor returns. Ferrari (RACE 0.15%) just reported financial results for the first quarter. They were positive as revenue and adjusted diluted earnings per share rose 11% and 20%, respectively, compared to the year-ago period. But some investors might have been disappointed by the fact that management maintained its full-year outlook. Ferrari's gross margin has averaged a ridiculous 50% in the past five years. Compare that to mass-m ...
Ferrari Pricing of Issue of Notes
Newsfilter· 2024-05-15 00:36
Maranello (Italy), 14 May 2024 – Ferrari N.V. (NYSE/EXM: RACE) (the "Issuer") today announces the pricing of a Euro 500 million issue of notes due in May 2030 (the "Notes"), being well over two times oversubscribed. The issue price of the Notes is equal to 99.677% of their principal amount and the Notes have a fixed annual coupon of 3.625%. The proceeds of the issue will be used for general corporate purposes. Banco Santander S.A., BNP Paribas, Citigroup Global Markets Europe AG, Crédit Agricole Corporate & ...
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Newsfilter· 2024-05-13 19:50
Maranello (Italy), May 13 2024 – Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari" or the "Company") informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the "Fourth Tranche"), the additional common shares - reported in aggregate form, on a daily basis - on ...
Ferrari Announces Offering of Notes
Newsfilter· 2024-05-13 18:09
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON Maranello (Italy), 13 May, 2024 - Ferrari N.V. ("Ferrari") (NYSE/EXM: RACE) announced today that it plans to offer unsecured debt securities (the "Notes") in benchmark size and subject to market conditions. The Notes are intended to rank pari passu with respect to all other outstanding unsecured and unsubo ...
Ferrari(RACE) - 2024 Q1 - Earnings Call Presentation
2024-05-08 02:18
业绩总结 - 2024年第一季度,公司收入约为16亿欧元,同比增长10.9%[5] - 调整后的EBIT为4.42亿欧元,EBIT利润率为27.9%[7] - 调整后的EBITDA为6.05亿欧元,EBITDA利润率为38.2%[7] - 2024年第一季度净收入为15.85亿欧元,同比增长10.9%[31] - 2024年第一季度净利润为3.52亿欧元,同比增长18.5%[31] - 2024年第一季度基本每股收益为1.95欧元,同比增长19.6%[31] - 2024年第一季度自由现金流为3.21亿欧元,同比增长19.2%[7] - 2024年第一季度现金流来自经营活动为505百万欧元,较Q1 '23的398百万欧元增长26.9%[38] 用户数据 - 2024年第一季度交付量为3560辆,同比下降0.2%[7] - 2024年第一季度,混合动力车型的市场份额达到46%[8] - 2024年第一季度员工持股计划的参与率为98%[5] 未来展望 - 2024年净收入指导目标超过64亿欧元,调整后EBIT目标至少为17.7亿欧元[12] - 2024年调整后每股收益目标至少为7.50欧元[12] - 2024年调整后EBITDA目标至少为24.5亿欧元,EBITDA利润率目标不低于38%[12] 研发与费用 - 2024年第一季度研发费用为2.31亿欧元,同比增长7.9%[31] - 2024年第一季度销售、一般和行政费用为1.24亿欧元,同比增长8.8%[31] 财务状况 - 截至2024年3月31日,净工业债务为3800万欧元,较2023年12月31日的9900万欧元有所改善[19] - 截至2024年3月31日,净工业现金为38百万欧元,较2023年12月31日的-99百万欧元有所改善[39] - 截至2024年3月31日,净债务为-1,257百万欧元,较2023年12月31日的-1,355百万欧元有所改善[39] - 2024年第一季度的有效税率为20.0%,较2023年第一季度的22.0%有所下降[31]
Ferrari(RACE) - 2024 Q1 - Earnings Call Transcript
2024-05-08 02:06
财务数据和关键指标变化 - 总收入达到约16亿欧元,同比增长11% [21] - 调整后EBITDA为6.05亿欧元,同比增长约13%,利润率为38.2% [21] - 净利润为3.52亿欧元,每股调整后摊薄收益为1.95欧元,同比增长20% [21] - 工业自由现金流达3.21亿欧元 [30] 各条业务线数据和关键指标变化 - 汽车和备件收入是主要贡献因素,受益于更丰富的产品组合和个性化需求强劲 [24] - 赞助、商业和品牌收入增加,主要得益于赞助活动的增加,部分被2023年F1排名下降的影响所抵消 [25] - 其他收入保持平稳,金融服务业务贡献增加,但发动机销售给玛莎拉蒂的收入下降 [25] 各个市场数据和关键指标变化 - 欧洲、美洲交付量增加,大中华区交付量下降79辆 [22] - 中国市场交付结构发生变化,混合动力车型占比提高 [59] - 公司保持中国市场占比低于10%的策略 [59] 公司战略和发展方向及行业竞争 - 公司坚持"价值优于数量"的策略,交付量保持平稳 [7][52] - 推出两款全新的V12双门跑车Dodici Cilindri,获得客户热烈反响 [9][15] - 6月21日将启用新的电动车生产基地,为未来电动车发展奠定基础 [12][13] - 与合作伙伴NXP、SK On等在电池和电驱技术方面持续创新 [10][11] - 在美国市场开展丰富的品牌体验活动,加强与客户的联系 [14][16][17] - 与惠普公司达成多年赞助合作,共同致力于创新、可持续发展 [17] 管理层对经营环境和未来前景的评论 - 订单状况保持强劲,几乎所有车型基本售罄 [8] - 对2024年全年发展充满信心,将继续执行既定的业务计划 [32] - 预计2024年价格和产品组合的贡献将超过10% [100] 其他重要信息 - 公司98%的员工参与了股权计划,体现了员工的高度认同感 [18] - 新车型Dodici Cilindri获得红点奖,体现了公司在创新方面的实力 [10] - 在意大利,公司2023年提交了181项专利申请,平均每两天一项 [10] 问答环节重要的提问和回答 问题1 **George Galliers 提问** 询问订单状况的"正常化"意味着什么,以及是否出现异常的订单取消情况 [36][37] **Benedetto Vigna 回答** "正常化"是指新车型订单尚未纳入,订单总量有所下降,但不存在异常的订单取消情况 [38][39][40] 问题2 **John Murphy 提问** 询问Q1利润率高达74%的原因 [45][46][47][48][49] **Antonio Picca Piccon 回答** 主要得益于产品组合、个性化需求和国家结构的改善 [47][48] 问题3 **Tom Narayan 提问** 询问中国市场交付量下降的原因 [56][57][58][59] **Benedetto Vigna 回答** 中国市场混合动力车型占比提高,公司保持中国市场占比低于10%的策略 [59]
Ferrari(RACE) - 2024 Q1 - Quarterly Report
2024-05-08 00:20
Exhibit 99.1 Ferrari N.V. Interim Report At and for the three months ended March 31, 2024 ____________________________________________________________________________________________________ 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 Fin ...
Ferrari(RACE) - 2023 Q4 - Annual Report
2024-02-22 00:00
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(1): o UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K _______________________________ REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 (For the month of February 2024) Commission File No. 001-37596 _______________________________ FERRARI N.V. (Translation of Registrant's Name Into English) Via Abetone ...