Ferrari projects a 6% increase in its profits by 2026, driven by new luxury car models, after reporting better-than-expected earnings for the last quarter of 2025.
Ferrari, the Italian luxury car manufacturer, announced on Tuesday that it anticipates a 6% growth in its core profits for the year 2026, bolstered by new luxury vehicle models. This expectation follows the company's announcement of its fourth-quarter results for 2025, which exceeded analysts' forecasts and led to a significant rise in Ferrari's stock value. The CEO, Benedetto Vigna, emphasized that demand for Ferrari vehicles remains 'very strong' and is managed carefully to maintain the brand's exclusivity in every market.
Vigna mentioned that the company has received orders extending into 2027, indicating a robust future demand. Ferrari projects that its earnings before interest, taxes, depreciation, and amortization (EBITDA) will exceed €2.93 billion (approximately $3.49 billion) for the entirety of 2026, compared to €2.77 billion in 2025, aligning with the company's overall forecasts for growth.
Following the announcement, Ferrari's stock experienced a remarkable boost, surging by 10% on the Milan Stock Exchange before slightly retreating to an 8.4% increase by 12:55 PM GMT. The company's financial performance in 2025 was also notable, revealing that cash flows from industrial activities surpassed €1.5 billion, reflecting a 50% year-on-year increase, demonstrating strong operational efficiency and market demand for its premium products.
