Ferrari Group Plc · EURONEXT:FERGR
Ferrari — Investor Presentation (March 2025)
21 slides from Ferrari's investor presentation, March 2025
Slide 1: Investor Presentation: Ferrari Group Overview
INVESTOR PRESENTATION Ferrari Group Overview March 2025
Slide 2: Disclaimer
Disclaimer This document was prepared on the basis of the information that was relevant and available at the time it was prepared. Time has moved on, and much of the factual basis for the document may have changed. For these reasons, this document is delivered solely as reference material, is merely
Slide 3: About Ferrari Group
01 About Ferrari Group
Slide 4: Six Decades of Global Expansion Leveraging Strong Heritage
Six Decades of Global Expansion Leveraging Strong Heritage 1959: First office is founded by Miranda Ferrari and Giovanni Ferrari, in Alessandria, Italy First Steps European 1970s Expansion in Europe through a network of correspondents and affiliates Expansion 1980- Ferrari Goes Global expansion with
Slide 5: Moving with Care, Precious Items Worldwide
Moving with Care, Precious Items Worldwide €170bn+ €333m Assets Managed Per Annum1 2023 Revenue 30 yrs+ 64 19% Partnership with Lloyd’s 2021 -2023 Countries2 of London Insurance Revenue CAGR 6 100% 27% Shared Locations with Retention Rate3 2023 Adjusted EBITDA Margin Top 3 Customers 100+ 86% Blue Ch
Slide 6: Our Services at a Glance
Our Services at a Glance International Domestic We provide integrated services to connect hard Services Services luxury brands with their customers 67%1 15% We work in partnership with our clients to provide bespoke solutions Special and Warehouse Other & Logistics Services Services We hold leading
Slide 7: Ferrari Group is a One-stop-shop Platform For Luxury Services Worldwide
Ferrari Group is a “One-stop-shop” Platform For Luxury Services Worldwide Special & Warehouse Domestic International services other & logistics services services services International delivery Custom solutions • Hand-carry services / white • Fast and secure local gloves services • Secured storage i
Slide 8: Global Scale With Local Presence in 64 Countries
Global Scale With Local Presence, Enables Ferrari Group to Connect Luxury Houses with their Clients in 64 Countries1 FY23 Revenue Breakdown 2 Rest of world 10% NAM & Brazil 14% Europe 58% Asia 18% Subsidiaries JV Global contractual relationship with Independent Subcontractors Source: Management info
Slide 9: Ferrari Group Executes Across All Relevant Supply Chains
Ferrari Group Executes Across All Relevant Supply Chains Simplified Product Flows in the Luxury Value Chain Raw Material Supplier Supplier Factory Manufacturer Factory Manufacturer Warehouse Supply Chain and Manufacturing Intralogistics Ferrari Manufacturer Warehouse Manufacturer Subsidiary Store Gr
Slide 10: Key Investment Highlights
02 Key Investment Highlights
Slide 11: Our Key Investment Highlights
Our Key Investment Highlights Pure play provider of services and solutions to the fast-growing global market of personal hard luxury goods with 1 high barriers to entry Integrated business model offering end-to-end critical services to the global hard luxury brands, across 2 the entire delivery valu
Slide 12: The Luxury Logistics Market is Resilient and Fast Growing
1 The Luxury Logistics Market is Resilient and Fast Growing Total Luxury Logistics Market (2018-2028E), €bn CAGR CAGR 2018-23 2023-28 5.2 4.9 Historical Forecast 4.6 Data Data 4.3 1 Core product categories 1.5 3.9 4.0 1.4 and services 1.3 3.5 1.3 5.7% 5.0% 3.1 3.2 1.1 1.2 2.9 6.2% 6.7% 2.7 1.0 1.4 1
Slide 13: Breadth of Integrated Services Across the Luxury Delivery Value Chain
2 Ferrari Group has a Breadth of Integrated Services Across the Luxury Delivery Value Chain Continuous Tower Control and Consultancy Throughout From manufacturer / store Armoured transportation Air freight services Facilitating parts assembly Ferrari Group fleet of vehicles1, secure & armed Partners
Slide 14: Resilient Business Model Supported by Repeat Customers
3 Ferrari Group has a Resilient Business Model Supported by Repeat Customers and Increasing Value of Goods Shipped Resilient business uncorrelated with luxury market sales thanks to exposure to high volumes of goods moved Revenue (€m) and Growth (%) Key Drivers 2023 2022 85 Locations1 74 Locations1
Slide 15: Excellent Financial Track Record
4 Excellent Financial Track Record Adjusted EBITDA (€m) and Adjusted Adjusted Cash Generation (€m) and Revenue (€m) and Growth (%) EBITDA Margin (%) Adjusted Cash Conversion Rate2 (%) 31% 7% 27% 27% 27% 93% 94% 86% 333 90 310 84 79 78 236 65 60 2021 2022 2023 2021 2022 2023 2021 2022 2023 +19% +18%
Slide 16: Aim Towards Sustainability Assisting Brands to Achieve their Goal
5 Ferrari Group’s Aim Towards Sustainability Assisting Brands to Achieve their Goal Current ESG-oriented Offering On-going Developments Consignor Depar Dre Shipment TRANS Transport Distance Weight TKM kgCO₂e Sustainable Customer 1 IE FR 2023/03/31 ROAD Small truck 1,93 0,00106 0,00 0,00086 Customer
Slide 17: Clear Strategy and Multiple Avenues for Continued Growth
6 Ferrari Group has a Clear Strategy and Multiple Avenues for Continued Growth The Ferrari platform offers significant synergies of “scale and scope” as it continues to add new geographies and services to its platform reinforcing its market leading value proposition Main Value Creation Lever Value C
Slide 18: Latest Business Developments
Latest Business Developments • New contractual relationships • New offices openings (Australia, Enhancing the Geographic (most recently Azerbaijan and Botswana & UK) 01 Expansion Company’s Global Jordan) • Strong pipeline Footprint • Notable client wins incl. • Expansion of offerings and growth Clie
Slide 19: Compelling Investment Proposition Translating into an Attractive Financial Profile
Compelling Investment Proposition Translating into an Attractive Financial Profile Fully focused on high luxury, with market leading position Sustainable revenue growth Niche sector with high barriers to entry Attractive margins Long term customer relationships Strong cash generation Integrated comp
Slide 20: Coherent Financial Framework to Deliver Attractive Total Shareholder Return
Coherent Financial Framework to Deliver Attractive Total Shareholder Return Financial Framework Organic • Focus on expanding • growth Targeted digital • Maintain strong balance growth in core markets transformation capex to sheet increase scale and • Opportunistic small M&A • Consistent growth acros
Slide 21: End
End For more information, please contact: Paola Mantovani, ir@ferrarigroup.net