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Ferrari’s Full Year 2024 Results – Simply Lovely

Posted: Sun Feb 09, 2025 12:09 am
by SSO
Just posted up the analysis of Ferrari's 2024 Results:

https://ssoreport.com/ferrari-2024-results

Great results. Can they do it again in 2025?

Re: Ferrari’s Full Year 2024 Results – Simply Lovely

Posted: Sun Feb 09, 2025 10:27 am
by IanF
Money, money, money! Nice summary and, as I can attest having just come back from a few days in Venice, “style” and “passion” are still two very important aspects of the Italian culture.

Also, if you don’t mind me asking; I notice you always add you don’t own shares in Ferrari (and other car manufacturers you report on, I think?), is it so you can remain impartial, avoid brand loyalty on car purchases or some other reason?

Re: Ferrari’s Full Year 2024 Results – Simply Lovely

Posted: Sun Feb 09, 2025 10:39 am
by mik
Crazy numbers in there! :shock:

I can’t quite get my head around this snippet - that’s nuts!

Ferrari’s market cap today is over €20 billion more than BMW, Ford, Mercedes-Benz, Porsche, Stellantis, or VW.

Re: Ferrari’s Full Year 2024 Results – Simply Lovely

Posted: Sun Feb 09, 2025 12:58 pm
by Mito Man
I read the average sale price of a Ferrari last quarter was around $550,000 - pretty crazy

Re: Ferrari’s Full Year 2024 Results – Simply Lovely

Posted: Sun Feb 09, 2025 3:56 pm
by SSO
IanF wrote: Sun Feb 09, 2025 10:27 am Money, money, money! Nice summary and, as I can attest having just come back from a few days in Venice, “style” and “passion” are still two very important aspects of the Italian culture.

Also, if you don’t mind me asking; I notice you always add you don’t own shares in Ferrari (and other car manufacturers you report on, I think?), is it so you can remain impartial, avoid brand loyalty on car purchases or some other reason?
It's so I remain impartial. As a personal policy don't own shares in any manufacturer I report on.