Ferrari posted net profit of 400
million euros in 2016, 38% up on 2015, while adjusted net profit
was up 37.1% to 425 million euros, the glamour sportscar maker
said Thursday.
Ferrari ended 2016 with a net industrial debt down to 653
million euros, from 797 at the end of 2015, the carmaker said.
Ferrari generated net earnings of 3.1 billion euros in 2016,
8.8% up on 2015, the carmaker said.
Total deliveries reached 8,014 units, 350 units or
4.6% up.
Ferrari sees 2017 earnings at more than 3.3 billion euros, an
adjusted EBITDA of more than 950 million euros, net industrial
debt at 500 million euros, including distributing to
shareholders a hefty dividend.
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