Published by Global Banking & Finance Review®
Posted on October 9, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleFerrari updates its revenue forecast, targeting 9 billion euros by 2030, driven by a strong product mix and innovation. Shares were last down 11.4%.
(Adds dropped word 'shares' from paragraph 4)
(Reuters) -Luxury sports-car maker Ferrari on Thursday raised its annual guidance and said it expected to reach revenue of around 9 billion euros ($10.5 billion) in 2030.
The company forecast net revenue of at least 7.1 billion euros for 2025, up from a previous goal of more than 7 billion euros.
Ferrari targets an adjusted core profit (EBITDA) of at least 3.6 billion euros by 2030, driven by a strong product mix and innovation in sports cars, it said.
The company's shares are halted from trading and were last seen down 11.4%.
($1 = 0.8603 euros)
(Reporting by Laura Contemori; Editing by Milla Nissi-Prussak)
Revenue is the total income generated by a company from its business activities, typically from the sale of goods and services before any expenses are deducted.
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure of a company's overall financial performance.
A profit target is a specific profit level that a company aims to achieve within a certain timeframe, guiding its operational and financial strategies.
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