Monday 19th August 2019
Car Enthusiast - click here to access the home page

 


Ferrari shows off strong results for Q2. Image by Ferrari.

Ferrari shows off strong results for Q2
More cars sold equals higher revenues and net profits for Ferrari in the period April-June 2016
<< earlier Ferrari article     later Ferrari article >>

 


News homepage -> Ferrari news

What's all this about?

Ferrari is having a galloping good time (sorry) of it during quarter two of this year. In what looks like will be a record-breaking 12 months for the Italian supercar firm, its finances appear to be in a strong position.

Can you break the numbers down for me a little?

Certainly. The impressive Q2 results are driven by the simplest of factors: it's selling more cars worldwide now than it was in the same three-month period of 2015. In total, 2,214 Ferraris found homes between April and June of 2016, an increase of 155 units or eight per cent on Q2 2015. V8 models were seeing a boom, sales up 16 per cent as a result of the introduction of the 488 GTB and Spider, but V12 sales slowed 22 per cent as the FF was phased out, the LaFerrari limited series run concluded and the F12 Berlinetta celebrated five years on the market. At least the new F12tdf did its best to offset the V12 decline.

Gotcha, more cars equals more money. So what are we talking here?

Ferrari's net revenues increased 5.9 per cent (45 million, or around 38.2m on current rates) to a total of 811m (687.6m), with growth in revenues of cars and spare parts climbing two per cent to 589m (499.4m). Earnings before interest and taxes were up to 156m (132.3m), with net profits rising 35 per cent to 104m (88.2m) and net industrial debt falling from the March 2016 figure to 763m (646.9m).

Anything else bolstering Ferrari's results?

The company's (relatively) improved performance in Formula 1 saw a 24 per cent rise in engines (71m, or 60.2m) for the quarter, attributable to higher rental revenues from other F1 teams using Ferrari motors. Brand-related and sponsorship activities also increased by 14 per cent as well, to 117m (99.2m).



Matt Robinson - 4 Aug 2016


Ferrari financial results 2016. Image by Ferrari.Ferrari financial results 2016. Image by Ferrari.Ferrari financial results 2016. Image by Ferrari.Ferrari financial results 2016. Image by Ferrari. 








www.ferrari.co.uk    - Ferrari road tests
- Ferrari news
- images






Ferrari unleashes 1,000hp SF90 Stradale. Image by Ferrari.
Ferrari unleashes 1,000hp SF90 Stradale
Hybrid tech and astonishing V8 drivetrain for new Ferrari SF90 Stradale.
 
Ferrari retains engine awards crown. Image by Ferrari.
Ferrari retains engine awards crown
Fourth consecutive win for turbocharged Ferrari V8 engine.
Ferrari replaces 488 GTB with F8 Tributo. Image by Ferrari.
Ferrari replaces 488 GTB with F8 Tributo
Ferrari's latest V8 Berlinetta has 720hp, 211mph capability and stunning looks.

 
 215 Racing
 9ff
 A. Kahn Design
 Abarth
 Abt
 AC Cars
 AC Schnitzer
 Acura
 Alfa Romeo
 Alpina
 Alpine
 Amari
 APS Sportec
 Arash
 Arden
 Ares
 Ariel
 Arrinera
 Artega
 Ascari
 Aston Martin
 Atalanta
 Atomik
 Audi
 Austin
 Auto Union
 Autodelta
 Autofarm
 Autosport
 Avatar
 Axon
 Aznom
 BAC
 BAIC
 Bentley
 Bertone
 Bloodhound
 Bluebird
 BMW
 Bosch
 Bowler
 Brabham
 Brabus
 Breckland
 Bridgestone
 Brilliance
 Bristol
 Bugatti
 Buick
 Burton
 BYD
 Cadillac
 Callaway
 Caparo
 Capstone
 Carlsson
 Caterham
 CCG
 Chang'an
 Changfeng
 Chevrolet
 Chevron
 Chongfeng
 Chrysler
 Citroen
 Climax
 Connaught
 Cooper Tires
 Corvette
 Cummins
 Cupra
 Dacia
 Daewoo
 Daihatsu
 Daimler
 Dartz
 Datsun
 David Brown
 David Brown Automotive
 DDR
 De Tomaso
 Delta
 Detroit Electric
 Devon
 Dodge
 Donkervoort
 Drayson
 DS
 Eagle
 Eagle E-type
 EDAG
 edo competition
 Eterniti
 Evisol
 Exagon
 FAB Design

 
 Factory Five
 Faralli & Mazzanti
 Fenix
 Fenomenon
 Ferrari
 Fiat
 Fisker
 Ford
 G-Power
 Geely
 Gemballa
 General Motors
 Ginetta
 Giugiaro
 GMC
 Goodwood
 Google
 Gordon Murray
 Gordon Murray Design
 Gray Design
 Great Wall
 GTA
 GTM
 Gumpert
 Hamann
 Hartge
 HBH
 Heffner Performance
 Hennessey
 HERE
 Holden
 Honda
 Hulme
 Hummer
 Hyundai
 I.D.E.A
 Icona
 IFR
 Infiniti
 Ionity
 Isis
 JAC
 Jaguar
 Jeep
 Jensen
 Jetstream
 JJAD
 Joss Developments
 Kahn
 Kamala
 Keating
 Kia
 Koenigsegg
 KTM
 Kumho
 Lada
 Lagonda
 Lamborghini
 Lancia
 Land Rover
 Lexus
 Liberty
 Lightning
 Lincoln
 Lister
 Loma Performance
 Lorinser
 Lotus
 LupiniPower
 Luxgen
 Mahindra
 Mansory
 Maserati
 Mastretta
 Maybach
 Mazda
 McLaren
 Mercedes
 Mercedes-AMG
 Mercedes-Benz
 Mercedes-Maybach
 Mercury
 Metrocab
 MG
 Michelin
 MINI
 Mitsubishi
 MMI
 Monte Carlo
 Mopar
 Morgan
 Mosler
 MTM
 NAC MG
 Nissan
 NLV

 
 Noble
 Novitec
 Opel
 Overfinch
 Pagani
 Perodua
 Peugeot
 Piaggio
 Pininfarina
 Polestar
 Pontiac
 Porsche
 Preview
 Prodrive
 Project Runningblade
 Project Velocity
 Proton
 Protoscar
 Qoros
 Radical
 Red Bull
 Renault
 Reva
 Rimac
 Rinspeed
 RoadRazer
 Rolls-Royce
 Ronn Motor Company
 Rover
 RUF
 Saab
 SAIC
 Saleen
 Saturn
 Scagliarini
 SCG
 Scion
 SDR Sportscars
 SEAT
 Sin
 Singer
 Skoda
 Smart
 Soleil
 Spada
 speedArt
 Sportec
 Spyker
 SRT
 Ssangyong
 SSC
 Startech
 STaSIS
 Subaru
 Suzuki
 Suzusho
 TAD
 Tamiya
 Tata
 Techart
 Tesla
 THINK
 Thunder Power
 Tojeiro
 Tommy Kaira
 TomTom
 Toray
 Toyota
 Trabant
 TranStar
 Trident
 Tushek
 TVR
 UKCOTY
 Vanda Electrics
 Vauxhall
 Velozzi
 Vencer
 Venturi
 Veritas
 Vizualtech
 VL Automotive
 Volkswagen
 Volvo
 VUHL
 Webasto
 Westfield
 Wiesmann
 Xenatec
 Yamaha
 Zagato
 Zarooq
 Zenos
 Zenvo



 
 






External links:   | Irish Car Market News |

Internal links:   | Home | Privacy | Contact us | Archives | Follow Car Enthusiast on Twitter | Copyright 1999-2019 ©