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Ferrari delivers strong performance in Q2 2021

Ferrari delivers strong performance in Q2 2021

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The economic recovery in the luxury sector is well underway, as the Italian car manufacturer has once again demonstrated. Ferrari saw its turnover increase by 81% in the second quarter, to 1.103 billion euros.

 

Ferrari has generated 206 million euros in profits thanks to the delivery of 2,685 vehicles worldwide between April and June 2021, an increase of 93% compared to the same period in 2020. Ferrari has thus achieved a feat, since the results for this year 2021 are 0.5% better than the figures before the Covid-19 pandemic. This achievement is all the more remarkable given that the year 2021 is less affected by the health crisis, but it is still affected.

 

John Elkann, President of Ferrari, said in the press release announcing the financial results: “This excellent second quarter confirms the strength of Ferrari and its unrivalled business model.”

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Featured photo: © Ferrari

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