9:47 pm, November 8, 2011
FERRARI has announced its trading results for the last nine month and they continue the firm’s ‘extraordinary’ year.
Revenues reached the record figure of 1,605 million euro (£1.3bn), an increase of 18.9 per cent, while a total of 5,165 (up 12.3 per cent) cars were delivered to the network.
Industrial cash flow reached a level ‘unprecedented in Ferrari history’ at 240 million euro, despite the company increasing its investment and R&D by more than five per cent to 211 million euro (£180m).
Meanwhile, trading profit reaching 212 million euro (£181m) – up 10.9 per cent.
5,165 cars were delivered worldwide (up 12.3 per cent) with the USA and China the strongest markets with 1,436 and 542 cars delivered respectively. Sales in the UK were up 21 per cent with 384 cars delivered.
