Ferrari 2023 Net Revenues EUR 5,970 Million, Up 17.2% YoY; Total Shipments 13,663 Units, Up 3.3% YoY
Portfolio Pulse from Benzinga Newsdesk
Ferrari reported a 17.2% increase in net revenues for 2023, totaling EUR 5,970 million. The company also saw a 3.3% rise in total shipments, reaching 13,663 units.
February 01, 2024 | 11:15 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ferrari's 2023 financial results show significant growth, with net revenues up 17.2% and shipments increasing by 3.3%.
The substantial growth in both net revenues and shipments for Ferrari in 2023 is a strong indicator of the company's financial health and operational success. This positive performance is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100