The Ferrari brand logo, the coat of arms with lettering and an upright horse (Cavallino Rampante), can be seen on the edge of a vehicle of the sports car manufacturer in Munich (Bavaria) on April 6, 2025.
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Luxury manufacturer Ferrari On Tuesday, a significant increase in the benefit of the first quarter on Tuesday, citing a solid demand for personalized vehicles – but warned the trade policy of US President Donald Trump could reach profits this year.
The manufacturer of sports cars based in Maranello, Italy, recorded a net profit of 412 million euros ($ 466.3 million) for the first three months of the year, reflecting an increase of 17% compared to the same period last year.
Analysts expected that net profit in the first quarter or 410 million euros, according to the Reuters survey.
“Another year is off to a good start,” said Benedetto Vigna, CEO of Ferrari, in a press release.
“In the first quarter of 2025, with very little additional shipping from year to year, all key measures recorded two -digit growth, highlighting a high profitability motivated by our mixture of products and a continuous demand for personalization,” said Vigna.
For the future, Ferrari warned that the introduction of American prices on EU cars imported to the United States could have a negative impact on the profitability of the company this year.
“THE [2025] The guidelines are subject to a potential risk of 50 basic points reduction of profitability percentage margins (EBIT and EBITDA margins), in connection with the update of commercial policy following the introduction of import tariffs on EU cars to the United States, “said the automaker in its benefit report.
Actions of Ferrari, listed in the United States and Milan,
Ferrari’s directives in 2025 include a net turnover of more than 7 billion euros ($ 7.93 billion), a profit before interest, taxes, depreciation and damping of at least 2.68 billion euros (3.04 billion dollars) and a profit adjusted by share of 8.60 euros ($ 9.74).
Luxury car manufacturers are faced with the disruptive impact of Trump’s commercial prices policy. Several European auto giants have declared a net slowdown to the quarterly profit of this profits season, many financial advice suspended or reducing Trump prices.
“At a time when many automotive companies and other companies suspend the advice due to uncertainties on the impact of American prices and the impacts of the second order on the American and global economy, Ferrari stands out,” said Bernstein analyst Stephen Reitman on Tuesday.
The president imposed a 25% rate on automotive imports in the United States in early April. Trump sought to water these samples last week, sign an executive decree designed to prevent a range of other distinct tasks – such as additional 25% prices on steel and aluminum – to “accumulate” each other.
Ferrari said at the end of March that it would increase prices by 10% on certain models in response to prices. This decision would increase up to $ 50,000 at the price of a typical Ferrari.
“We are confidently looking at, being vigilant about the situation around us,” Vigna told investors on Tuesday when calling the company’s quarterly results.
Milan shares have been negotiated at around 0.8% less at 12:44 p.m. London time. The actions of listed actions in the United States were almost the same.
The world car manufacturer’s world shipments increased by less than 1% during the first quarter to 3,593 vehicles. Despite stable shipments, Ferrari’s net income increased by around 13% to 1.79 billion euros ($ 2.03 billion) and its net profit increased by 17% to 412 million euros ($ 466.7 million).
Regarding the beginnings of the first all -electric vehicle in Ferrari, a car called Elettrica, Vigna said that the company would not reveal it before spring 2026, followed by deliveries in October 2026.
The first expectations were that Etletrica would be revealed on the next day of the Ferrari capital markets in October. Instead, the company will discuss the vehicle’s “technological center”, said Vigna.
“This is a huge piece of technology, design and unique features. It will be an exciting journey of discovery,” said Vigna concerning the deployment of EV staggered. “It is the first of its kind, but rich in all aspects that makes it true Ferrari.”