Ferrari Tops Consensus as Supercar Buyers Shrug Off Pandemic

Shipments jump 22% on strong demand from all regions
CEO Vigna set to unveil his electrification strategy in June

The Ferrari NV F8 Tributo supercar
Photographer: Chris J. Ratcliffe/Bloomberg

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By Daniele Lepido

February 2, 2022 at 12:01 PM UTC

Updated on

February 2, 2022 at 2:34 PM UTC

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Ferrari NV posted better-than-expected fourth-quarter earnings, as shipments rose with supercar buyers remaining undeterred by the pandemic.

Adjusted earnings before interest, taxes, depreciation and amortization increased to 398 million euros ($450 million) for the quarter, the Italian sports-car maker said Wednesday. That compares with an average analyst estimate of 385 million euros.