Ferrari: 2008 earnings up from last year, sales success for Ferrari models

Posted: Monday 27 October 2008 by Alison

http://www.autoblog.it/post/15860/parigi-2008-il-programma-ferrari-one-to-one-arriva-anche-per-la-599-gtb

Crisis is not a word that exists at the Ferrari headquarters, with the company realising in the third quarter of 2008, sales of up to 450 million euros, equal to a growth of 22.3 percent compared to the same period last year.

The sales are due in particular to the 430 Scuderia and the prestigious 599 GTB Fiorano. 1,520 vehicles were delivered in the period in question - an impressive figure. Ferrari has closed the period with profits of 79 million euros (equal to 17.6 percent of earnings), an increase of 41.1 percent compared to the 56 million euros of the same period in 2007.

The brand experienced a growth of 21.1 percent in the first nine months of 2008, a total of 1,419 million euros with 5,026 cars delivered. Profits were up 54.8 percent in these nine months, to 243 million euros, compared to the 157 million euros of last year. For the immediate future, Ferrari can only smile, knowing that the Ferrari California is already sold out until 2011. Crisis? Hardly!

http://www.autoblog.it/post/15860/parigi-2008-il-programma-ferrari-one-to-one-arriva-anche-per-la-599-gtb http://www.autoblog.it/post/15860/parigi-2008-il-programma-ferrari-one-to-one-arriva-anche-per-la-599-gtb http://www.autoblog.it/post/15860/parigi-2008-il-programma-ferrari-one-to-one-arriva-anche-per-la-599-gtb

Source | Omniauto (Thanks to “W Made in Italy” for the tip)

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