Ferrari has announced its consolidated preliminary results for the third quarter and nine months ended September 30th, 2016.
Shipments totaled 1,978 units in Q3 2016, up 29 units from previous year. This achievement was driven by a 15 percent increase in sales of its 12-cylinder models, led by the success of the F12tdf, first deliveries of the GTC4Lusso and the newly launched LaFerrari Aperta. Shipments of the eight-cylinder models were substantially in line with the prior year.
The EMEA (Europe, Middle East and Africa), Americas and Greater China regions experienced a sound year-on-year growth with shipments increasing respectively by five percent, three percent and fifteen percent, whereas Rest of APAC (Asia Pacific) decreased by 57 units, affected by logistic delays caused by one of the shipment carriers.
Net revenues for Q3 2016 were €783 million (S$1.2 billion), an increase of 8.3 percent from Q3 2015. Revenues in cars and spare parts were in line with prior year led by higher volumes of the 488 GTB, the 488 Spider, the F12tdf, first deliveries of the newly launched models GTC4Lusso and LaFerrari Aperta, along with higher contribution from personalisation. Net profit increased 20 percent to €113 million (S$174 million).
