The Board of Directors of Ferrari, chaired by Luca di Montezemolo, met today to examine the results for the year 2010.
2010 was an extremely positive year for Ferrari, with a number of figures exceeding those achieved in 2008 – Ferrari’s best year ever.
Cars delivered to the sales network were 6,573, a figure representing a 5.4 per cent increase over 2009, and Ferrari’s highest sales figure ever. This excellent result is mainly attributable to the extraordinary growth seen on emerging markets, especially in Asia, and the return of the United States market to record levels. Net revenues for the year topped 1,919 million Euros (+7.9 per cent) and the year’s trading profit topped 302.7 million Euro (+26.9 per cent).
Profitability was up too: ROS (Return on Sales) reached 15.8 per cent, one of the best results in Ferrari’s history. This figure is far higher than the average for the automotive industry, and approaches that of the luxury goods sector.