MILAN --Ferrari said new models will continue to boost earnings, as it promised "even stronger" results this year after a 16 percent jump in 2022 core earnings.
Deliveries increased almost a fifth to 13,221 cars last year, led by the Ferrari Portofino M and the SF90 family models, as well as the 296 GTB and 812 Competizione. China saw the strongest growth, with shipments jumping 73 percent to 1,552 cars.
The automaker’s three plug-hybrid models, the 296 GTS, the 296 GTB coupe and the Stradale SF90, accounted for 22 percent of shipments last year.
"Despite a complex global macro-scenario, we look ahead with great confidence,” CEO Benedetto Vigna said Thursday, adding that the company is seeing “persistently high demand for our products worldwide.”
Ferrari has increased the prices of some of its models and is benefiting from wealthy buyers less acutely affected by soaring inflation and rising interest rates.
The company is preparing to shift to electric vehicles and turn its historic factory in northern Italy into a hub for battery-powered cars.