离不开F1，法拉利第三季度营收实现双位数增长

Ferrari Investor relations:

• Total shipments of 2,750 units, up 18.9% versus Q3 2020 and 11.2% versus Q3 2019
• Net revenues of Euro 1,053 million, up 18.6% versus prior year and up 15.1% versus Q3 2019
• EBITDA of Euro 371 million, up 12.4% versus prior year and up 19.6% versus Q3 2019.
  EBITDA margin of 35.2% in Q3 2021.
• EBIT of Euro 270 million, up 21.8% versus prior year and up 19.2% versus Q3 2019.
  EBIT margin of 25.7% in Q3 2021.
• Net profit of Euro 207 million and diluted EPS at Euro 1.11
• Extraordinarily strong industrial free cash flow generation of Euro 242 million sustained by the collection of advances on the 812 Competizione
• Upgraded 2021 Guidance

Ferrari benefited from Formula 1 and increased shipments of its products during the quarter.

The Italian automaker generated $1.24 billion in revenue in Q3 2021, up from $1.04 billion for the same period a year before, and is expecting full-year revenue to remain at a previous estimate of $5 billion.

Ferrari saw its sponsorship, commercial, and brands segment generate $110 million in revenue in Q3, up 1.3% year-over-year, thanks to F1 sponsorship deals secured by the iconic car brand.

The brand’s engines segment saw revenue reach $63.7 million during the quarter, a 24.8% increase year-over-year, behind rentals to other F1 racing teams.

Despite the strong results, Ferrari saw industrial costs — plus research and development expenses — from Formula 1 and product innovation increase by $14 million in Q3 compared to $16 million in Q3 2020.

Ferrari continues to be innovative on and off the racetrack.

• The brand announced in April that its first all-electric vehicle will debut in 2025.
• It will participate in LMDh, a hypercar class that demands a clean-energy output.
• The brand will join Acura, Toyota, Peugeot, Porsche, Audi, and Cadillac in LMDh in 2023.

Ferrari previously produced two hybrid vehicles: the LaFerrari, which debuted in 2013, and the SF90 Stradale, which hit the streets in 2019.