Ferrari closed the first quarter of 2022 with net revenues of 1.18 billion euros, up by 17.3% compared to the previous year and a net profit of 239 million (+ 16%).
Total deliveries amounted to 3,251 units, up 17.3% compared to the first quarter of 2021.
Ferrari generated an "exceptional" industrial free cash flow of 299 million euros in the first quarter.
The EBITDA amounted to 423 million, up 12.5% compared to the previous year, with the EBITDA margin equal to 35.6%.
EBIT amounted to 307 million, an increase of 15.4% compared to the previous year.
The EBIT margin is equal to 25.9%.