Ferrari Group Plc · EURONEXT:FERGR
Ferrari — Goldman Sachs Business Services, Transport & Leisure Conference London 2025
25 slides from Ferrari's conference presentation, Jun 24, 2025
Slide 1: Business Services, Transport & Leisure | London 2025
Business Services, Transport & Leisure | London 2025 24 June 2025 Ferrari Group PLC Goldman Sachs
Slide 2: Disclaimer
2 | BSTL Conference | London 2025 Disclaimer This document may include statements that are, or may be deemed to be, ''forward-looking statements'', including its financial targets and objectives relating to the business, financial performance, results of operations, financial condition, liquidity, p
Slide 3: Agenda
3 | BSTL Conference | London 2025 Agenda 01 Group Overview 02 Financial Review 03 Strategy and Outlook
Slide 4: Group Overview
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Slide 5: Our History
5 | BSTL Conference | London 2025 Our History Six Decades of Global Expansion Leveraging Strong Heritage 1960s 1980s 2000s 2020s Established in 1959 in Expands both in Europe and Ferrari leverages the power A pivotal decision is made to Alessandria, Italy as a US, spurred by growth in the of its net
Slide 6: Global Scale With Local Presence
6 | BSTL Conference | London 2025 Global Scale With Local Presence Enables Ferrari Group to Connect Luxury Houses with their Clients in 65 Countries FY24 Revenue Breakdown 11% 14% 58% 17% Subsidiaries Europe Asia NAM & Brazil Rest of World JV Global contractual relationship with Independent Subcontr
Slide 7: Our Services at a Glance
7 | BSTL Conference | London 2025 Our Services at a Glance International Services Domestic Services We provide integrated services to connect hard luxury brands with their customers 66% 16% We work in partnership with our clients to provide bespoke solutions Special & Other Services Warehouse & Logi
Slide 8: Ferrari Group is a "One-stop-shop" Platform
8 | BSTL Conference | London 2025 Ferrari Group is a “One-stop-shop” Platform For Luxury Services Worldwide Domestic Special & Warehouse & International Services services other services logistics services International Delivery Custom Solutions • Fast and secure freight forwarding • Country-specific
Slide 9: We Execute Across all Relevant Supply Chains
9 | BSTL Conference | London 2025 We Execute Across all Relevant Supply Chains Simplified Product Flows in the Luxury Value Chain Supply Chain and Raw Material Supply Supplier Factory Manufacturer Factory Manufacturer Warehouse Manufacturing Intralogistics Producer Warehouse FERRARI GROUP’S CORE FOC
Slide 10: Our Most Common International Routes
10 | BSTL Conference | London 2025 Our Most Common International Routes Executed Over 1 Million International Luxury Deliveries in 2024 Mapping of Ferrari Group’s Most Common International Routes Based on 1 million+ Number of Shipments (2024) International shipments in 2024 2.4 days Avg. time for in
Slide 11: We Operate in a Market with High Barriers to Entry
11 | BSTL Conference | London 2025 We Operate in a Market with High Barriers to Entry Global network setup Security and reliability Customer trust and & Tracking for insurers knowledge • Entering the market requires creating a significant on- • Insurers require strict security for high-end luxury •
Slide 12: Competitive Landscape
12 | BSTL Conference | London 2025 Competitive Landscape Ferrari Group is Fully Focused on the Hard Luxury Segment Global Our focus: Focus 4 • High value jewellery and watches • Diamonds and gemstones Geographic Coverage 1 • Fine art as part of bespoke special services Continental 2 Focus Competitiv
Slide 13: Ferrari Group is Well Positioned
13 | BSTL Conference | London 2025 Ferrari Group is Well Positioned to continue enjoying the future growth in luxury logistics Flexibility & Personalisation Increasing Weight of Sustainability Fulfillment Outsourcing • Focus for luxury brands on the environmental impact • Luxury brands increasingly
Slide 14: Clear Strategy for Mid-Term Growth
14 | BSTL Conference | London 2025 Clear Strategy for Mid-Term Growth Key strategic pillars Top line Opportunities money Increase Existing Share of Wallet Regional Expansion Customer Base Expansion Increase share of wallet across diverse Increasing geographical coverage to Strategically target and g
Slide 15: Differentiated Business Model
15 | BSTL Conference | London 2025 Differentiated Business Model Positioned to capture the market share with significant operating leverage Differentiated Value Proposition Attractive Operating Leverage Fully Invested Global Platform – Exceptional brand value – Efficient cost basis – Low capital int
Slide 16: Our People
16 | BSTL Conference | London 2025 Our People Trusted relationships are at the core of our business, elevated by the dedication of our people 2,050+ Total no. of employees FY24 7% 10% 47% Retention rate 80% 36% Asia Europe NAM Rest of World
Slide 17: Continued Focus on Sustainability
17 | Mid & Small | Paris 2025 Continued Focus on Sustainability Delivering on our ESG commitments Environment Social Governance • 1/3 entities worldwide received a ISO 14001 • To further encourage the personal and • The Group has adopted a management system certification professional development of
Slide 18: Compelling Investment Proposition
18 | BSTL Conference | London 2025 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 Str
Slide 19: Financial Snapshot
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Slide 20: FY24 Results Highlights
20 | BSTL Conference | London 2025 FY24 Results Highlights Targets met across financial metrics FY24 FY23 Change Revenue €348.8m €333.0m +5% Adjusted EBITDA €92.4m €90.0m +3% Adjusted EBITDA Margin 26.5% 27.0% -50bps Net Profit €57.3m €56.9m +1% Net Financial Position* €87.0m €72.6m +20% Note: (*) A
Slide 21: Q1 Revenue Update
21 | BSTL Conference | London 2025 Q1 25 Revenue Update Revenue increased across all services in the first quarter Revenue (€m) • Revenue increased across all services in the +4.8% YoY first quarter: €86.7 million, up by 4.8%, in line with the Company’s expectations of growth for FY 2025 • In consta
Slide 22: Outlook
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Slide 23: The Business Model's Profitability is Shielded
23 | BSTL Conference | London 2025 The Business Model’s Profitability is Shielded As the Luxury Segment is Less Price Sensitive to Transport and Logistics Cost Logistics (Transport and Warehouse) Costs as % of Product’s Retail Value Areas of Operations Luxury segment less price-sensitive Ferrari Gro
Slide 24: Outlook
24 | BSTL Conference | London 2025 Outlook Full year and medium-term targets Financial Metrics 2025 Objectives Medium Term Revenues growth In line with FY24 6 – 8% Adj. EBITDA Margin 26.5% or slightly above 27 – 29% Capital Expenditure Ordinary capex1 stable Ordinary capex of 2% of revenues We remai
Slide 25: Thank you for your attention
Thank you for your attention For more information, please contact: Paola Mantovani | Head of Investor Relations ir@ferrarigroup.net www.ferrarigroup.net
Ferrari Group — Goldman Sachs Business Services, Transport & Leisure Conference London 2025 on 6ix