ROME (ITALPRESS) – “Ferrari’s brilliant 2024 resulted in another year of impressive financial results. Net revenues increased 12 percent over 2023 to 6.7 billion euros, with EBITDA of 2.6 billion euros (38 percent margin). All 2024 targets have been exceeded, and 2025 promises to be just as exciting with the arrival of Lewis Hamilton and the launch of the first all-electric Ferrari. Innovation will continue to play a key role. Therefore, we were pleased to welcome the President of Italy, Sergio Mattarella, for the inauguration of the e-building in June. This masterpiece of engineering will offer our customers the freedom to choose between Ferraris with combustion engines, hybrids, and soon electric engines.” Exor CEO John Elkann writes this in a letter to shareholders.
“In 2024, Stellantis encountered difficulties due to a combination of external and internal factors,” Elkann explains. “Because of these problems, Stellantis reported very disappointing results: net revenues of 156.9 billion euros (down 17 percent from 2023) and adjusted operating profit of 8.6 billion euros (down 64 percent), with an adjusted operating margin of 5.5 percent. We are focusing on launching new cars, adjusting plans to ensure that the right models, with the right engines, come to market at the right time. We are also building trust with all our stakeholders and strengthening the decision-making power of our regional teams, who are closer to customers and better understand what they want. We are streamlining our activities, improving the quality that underpins everything we do.”
– IPA Agency Photos –
(ITALPRESS).
