Introduction
Ferrari’s 2016 annual report highlights the company’s significant milestones, including its listing on the MTA managed by Borsa Italiana and the completion of its spin-off from FCA.
Business Performance
Ferrari delivered 8,014 cars to its dealership network, a 4.6% increase over the previous year, with net revenues growing 8.8%. The company’s adjusted EBITDA reached €880 million with a margin of 28.3%.
New Products and Innovations
Ferrari introduced the GTC4Lusso and GTC4Lusso T, and launched a Fuoriserie of bespoke cars to mark its 50th year in the Japanese market. The company’s technical prowess was recognized with the “Engine of the Year” Award for the 488 turbo series.
Racing and Philanthropy
Ferrari competed with the 488 GTE and 488 GT3, clinching the FIA World Cup for GT Manufacturers and the GTD Class in the IMSA SportsCar Championship. The company also donated a LaFerrari to raise funds for the National Italian American Foundation’s Earthquake Relief Fund.
Manual:
Download: 2016 Ferrari Annual Report
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