Ferrari revenue close to £1bn in 2012

Feeling the pinch? Ferrari’s customers certainly aren’t as the company has just reported a whopping 7.4 per cent rise in sales do far this year – leading to revenues of nearly £1bn!The UK leads the company’s figures with a whopping sales increase of 43 per cent. A substantial 393 of Maranello’s creations found new homes here between January and July.

German and Swiss markets are also reported to be doing well with rises of 18 and 17 per cent respectively – something Ferrari puts down to the popularity of the new four-wheel-drive FF.It’s not positive news in the maker’s home country of Italy, though, with the financial crisis and the introduction of new taxes likely to have been responsible for a 46 per cent DROP in sales.

Despite this decline, Ferrari’s revenue is up 11.9 per cent overall – now an impressive £960m – with net profits of just over £80m and 3,664 of the maker’s cars sold worldwide in total in the first half of this year.

“These results, achieved against a still highly challenging international economic backdrop, are first and foremost a reward for our constant and significant investment in technological innovation”, said Chairman Luca di Montezemolo.

“The completely new range we are now in a position to offer clients across the globe means we can look forward to ending 2012 having improved still further on last year’s financial performance.”

Ferrari recently launched the popular F12 while the 458 Spider has also hit showrooms in the last six months – both of which have added to the company’s success so far in 2012.