Ferrari NV finally announced its 2015 sales report, no rx making also a cautious forecast for its financial performance this year, its first full year of independence.
The Maranello-based carmaker sold 7,664 units in 2015, up 6 percent from the previous year. This performance was driven by a 17 percent increase in sales of its 8 cylinder models, led by California T, 458 Speciale A and 488 GTB, the Italian company said. By contrast, demand for the 12 cylinder F12berlinetta and the four-wheel drive FF went down by 24 percent, as they were in their 4th and 5th year respectively of market presence, while the F12tdf shipments have just started in December. In terms of regions, Americas accounted for 2,640 units, up 7 percent over a year earlier, while China saw a 10 percent decrease to 610 cars. In Europe, the Middle East and Africa, Ferrari sold 3,351 cars last year, up by only 2 percent.
Ferrari, which spun off Fiat Chrysler Automobiles at the start of the year, said it expected 2016 adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of more than 770 million euros (839 million dollars), up from 748 million euros last year, when profit rose 7.9 percent. Revenues are seen rising slightly to above 2.9 billion euros from 2.85 billion. The company also foresees it will probably ship 7,900 vehicles in 2016, about 3 percent more than last year’s figure. Chairman Sergio Marchionne said at the North American International Auto Show in Detroit that Ferrari could boost the production to 9,000 cars in 2019.