Ferrari - Free Cash Generation

Ferrari made a net profit of EUR 166 mil with revenues of EUR 932 mil in 1Q2020, down by 6.89% and down by 0.837%, respectively, compared to the previous year. This translates into a net margin of 17.8%.

On the operating level, EBITDA reached EUR 317 mil, up 1.93% compared to the previous year. Over the last five years, the company's EBITDA has risen 15.2% a year on average.

The company generated cash, defined by a sum of net profit and depreciation, of EUR 216 mil or 23.2% of sales. When investments are excluded, free cash flow reached EUR 89.3 mil, or 9.58% of sales in 1Q2020.

In the last five years, the company generated free cash flow of EUR 2,363 mil. That compares to a cumulative net profit of EUR 2,804 mil in the same period.

You can see all the company’s data at Ferrari profile, or you can download a report on the company in the report section.