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法拉利Ferrari N.V. (RACE)2025年第二季度业绩报告「NYSE」(英文版)(29页).pdf

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1、MARANELLO,JULY 31,2025Q2 2025 RESULTSSAFE HARBOR STATEMENTThis document,and in particular the section entitled“Stronger confidence in the 2025 Guidance”,contain forward-looking statements.These statements may includeterms such as“may”,“will”,“expect”,“could”,“should”,“intend”,“estimate”,“anticipate”

2、,“believe”,“remain”,“continue”,“on track”,“successful”,“grow”,“design”,“target”,“objective”,“goal”,“forecast”,“projection”,“outlook”,“prospects”,“plan”,“guidance”and similar expressions.Forward-looking statements are not guarantees of futureperformance.Rather,they are based on the Groups current exp

3、ectations and projections about future events and,by their nature,are subject to inherent risks anduncertainties.They relate to events and depend on circumstances that may or may not occur or exist in the future and,as such,undue reliance should not be placedon them.Actual results may differ materia

4、lly from those expressed in such statements as a result of a variety of factors,including:the Groups ability to preserve and enhancethe value of the Ferrari brand;the Groups ability to attract and retain qualified personnel;the success of the Groups racing activities;the Groups ability to keep upwit

5、h advances in high performance car technology,to meet the challenges and costs of integrating advanced technologies,including electric,more broadly into itscar portfolio over time and to make appealing designs for its new models;the impact of increasingly stringent fuel economy,emissions and safety

6、standards,including the cost of compliance,and any required changes to its products,as well as possible future bans of combustion engine cars in cities and the potentialadvent of self-driving technology;changes in general economic conditions(including changes in the markets in which the Group operat

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- 2025年第二季度收入约为18亿欧元,EBITDA为7.09亿欧元,净利润为4.25亿欧元,工业自由现金流为2.32亿欧元。 - 订单量强劲,296 Speciale系列需求旺盛,Ferrari Amalfi开始接受订单,其他车型几乎售罄。 - 第二季度交付量与去年同期基本持平,主要受296 GTS、Purosangue、Roma Spider和12Cilindri系列推动。 - 第二季度净收入增长4.4%,调整后EBITDA增长5.1%,调整后EBIT增长5.9%。 - 对2025年全年业绩的预期更加乐观,预计净收入增长7%以上,调整后EBITDA利润率至少为38.3%。
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