法拉利Ferrari N.V.（RACE）2025年半年度财报「NYSE」（英文版）（65页）.pdf

1、 Exhibit 99.1Ferrari N.V.Semi-Annual ReportAt and for the three and six months ended June 30,2025 _CONTENTSPageBOARD OF DIRECTORS1INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM1CERTAIN DEFINED TERMS1INTRODUCTION2FORWARD-LOOKING STATEMENTS3MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND

2、 RESULTS OF OPERATIONSHighlights5Results of Operations1Liquidity and Capital Resources9Non-GAAP Financial Measures15Risk Factors20Outlook22SEMI-ANNUAL CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AT AND FOR THE THREE AND SIX MONTHS ENDED JUNE 30,2025(UNAUDITED)Semi-Annual Consolidated Income Statemen

3、tF-1Semi-Annual Consolidated Statement of Comprehensive IncomeF-2Semi-Annual Consolidated Statement of Financial PositionF-3Semi-Annual Consolidated Statement of Cash FlowsF-4Semi-Annual Consolidated Statement of Changes in EquityF-5Notes to the Semi-Annual Condensed Consolidated Financial Statement

4、sF-6RESPONSIBILITY STATEMENT64BOARD OF DIRECTORSExecutive ChairmanJohn ElkannChief Executive OfficerBenedetto VignaVice ChairmanPiero FerrariDirectorsDelphine ArnaultFrancesca BellettiniEddy CueSergio DucaJohn GalanticTommaso GhidiniMaria Patrizia GriecoAdam KeswickMike VolpiINDEPENDENT REGISTERED P

5、UBLIC ACCOUNTING FIRMDeloitte&Touche S.p.A.CERTAIN DEFINED TERMS In this report(the“Semi-Annual Report”),unless otherwise specified,the terms“we”,“our”,“us”,the“Group”,the“Company”and“Ferrari”refer to Ferrari N.V.,individually or together with its subsidiaries,as the context may require.1INTRODUCTIO

6、N The Semi-Annual Condensed Consolidated Financial Statements at and for the three and six months ended June 30,2025(the“Semi-Annual Condensed Consolidated Financial Statements”)included in this Semi-Annual Report have been prepared in compliance with IAS 34 Interim Financial Reporting(IAS 34)as iss