Welcome to our dedicated page for Ferrari N V news (Ticker: RACE), a resource for investors and traders seeking the latest updates and insights on Ferrari N V stock.
Ferrari N.V. (NYSE/EXM: RACE) represents the pinnacle of luxury automotive engineering and motorsport excellence. This dedicated news hub provides investors and enthusiasts with direct access to the company's official communications, including financial disclosures, product innovations, and racing milestones.
Discover curated press releases covering quarterly earnings, strategic partnerships, and technological breakthroughs in high-performance vehicle design. Our repository also features updates from Ferrari's iconic racing division, showcasing how track innovations influence production models.
Key content categories include corporate announcements, new vehicle launches, motorsport achievements, and sustainability initiatives. Bookmark this page for real-time updates on one of the automotive industry's most prestigious brands, where racing heritage meets cutting-edge engineering.
Ferrari N.V. (NYSE/EXM: RACE) announced a proposed dividend of Euro 1.362 per common share, marking a 57% increase from the previous year, totaling around Euro 250 million. This proposal will be presented to shareholders at the Annual General Meeting on April 13, 2022. If approved, the dividend's ex-date will be April 19, 2022, record date April 20, 2022, with payment scheduled for May 6, 2022.
Ferrari N.V. (NYSE/EXM: RACE) has partnered with Qualcomm Technologies to enhance its digital transformation. This collaboration will see Snapdragon, Qualcomm's premium product, utilized across Ferrari's automotive platforms. Initial projects will focus on a digital cockpit, aiming to innovate driving experiences. The Snapdragon logo will debut on the F1-75 car, set to unveil on February 17, 2022, and will include Ferrari's esports initiatives. Both CEOs emphasized the importance of this partnership in leveraging cutting-edge technology for automotive excellence.
Ferrari N.V. (RACE) announced its strong preliminary financial results for FY 2021, showcasing total shipments of 11,155 units, marking a 22.3% increase from 2020. Net revenues reached Euro 4,271 million, up 23.4% year-over-year, with EBITDA climbing to Euro 1,531 million, reflecting a 34.0% growth. The EBIT stood at Euro 1,075 million, a 50.2% increase, while net profit was Euro 833 million with a diluted EPS of Euro 4.50. The company emphasized robust cash flow generation of Euro 642 million and expressed confidence in future growth strategies.
Ferrari N.V. (NYSE/MTA: RACE) announces the release of its 2021 financial results on February 2, 2022. This includes the full-year and fourth-quarter results. A live audio webcast and conference call will be held at 2:00 p.m. GMT / 3:00 p.m. CET / 9:00 a.m. EST. Investors can access details on Ferrari's corporate website, with prior registration required for the conference call. A recorded replay will be available for two weeks post-event.
Ferrari (NYSE/MTA: RACE) has released its 2022 corporate calendar, detailing key dates for financial reporting and shareholder meetings. The earnings releases for 2021 results and 2022 quarterly performance are set for February 2, May 4, August 2, and November 2. The Annual General Meeting for the approval of the 2021 financial statements will occur on April 13, 2022, followed by a Capital Markets Day on June 16, 2022. Investors can access conference calls and live webcasts on the company's corporate website.
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