Ferrari 
						has just announced that 2011 ended with extremely 
						positive results and record deliveries that were, in 
						certain instances, unprecedented in the Maranello sports 
						car maker’s history. Ferrari Chairman Luca di 
						Montezemolo also confirmed, in his comments on the 
						results, that the V12 replacement for the 599 GTB 
						Fiorano will make its debut at the Geneva Motor Show.
						Revenues exceeded the 2 
						billion euro threshold for the first time, reaching 
						2.251 billion euro (+17.3 per cent). A record 7,195 cars 
						were delivered to the dealership network, an increase of 
						9.5 per cent on the previous year’s figure.
						
						The personalisation catalogue made an extremely 
						significant contribution with 100 per cent of all cars 
						featuring bespoke options. In 2011 the range was further 
						extended with the exclusive new Tailor-Made programme.
						
						At 14.1 per cent, Ferrari’s ROS (Return on Sales) was 
						again one of the highest in the automotive sector. 
						Trading profit reached 312.4 million euro (+3.2 per 
						cent) in 2011, while the company’s net profit increased 
						slightly on 2010 to 209 million euro. 2011 again saw 
						significant investments, including research and 
						development, totalling 279 million euro, a slight 
						increase over 2010. Ferrari also once again underscored 
						its ability for self-financing, recording an industrial 
						net cash position of 707.5 million euro.
						
						"We can only be satisfied with these results," said 
						Chairman Luca di Montezemolo. "They were achieved 
						against an economic backdrop that remains challenging, 
						particularly in Europe. They are the fruit of heavy 
						investment and a culture of innovation that covers all 
						areas of the business. Our international expansion 
						continues and Ferrari today has a network covering 58 
						nations. We now have a complete range of models which 
						will be joined in a few days time at the Geneva Show by 
						a new 12-cylinder. A revolutionary new car that delivers 
						extreme performance and unprecedented power output."
						
						Ferrari achieved record sales in America in 2011 with 
						1,958 cars delivered, up 8 per cent on 2010. A total of 
						777 cars (+62.6 per cent) were delivered to the Greater 
						China area, which became Ferrari’s second largest market 
						some months ago. 500 of those were sold in China alone. 
						The Middle East also continued to perform very well with 
						an increase of 22 per cent to nearly 450 cars. Certain 
						European markets fared well, with the UK ending 2011 
						with 574 cars delivered (+23 per cent) and German demand 
						up 14.6 per cent to 705 cars. Switzerland also posted 
						very good results, with strong sales of the FF, 
						recording growth of 3.2 per cent. 
						
						Ferrari’s various brand activities (retail, licensing 
						and e-commerce) continued to enjoy a positive trend. 
						Retail sell-out values grew by 34 per cent on the 
						previous year with the Ferrari Store in the Abu Dhabi 
						theme park scoring highest in the revenue stakes 
						worldwide, thanks to revenues in excess of 12.5 million 
						euro. The licensing division renewed major multi-year 
						contracts with international partners, such as Puma, as 
						well as signing new agreements with, amongst others, the 
						luxury brand Hublot (LVMH Group). Sales at the online 
						Ferrari Store jumped by 25 per cent, while the 
						Ferrari.com website recorded 350 million page visits 
						(+30 per cent). 
						
						The Ferrari Facebook page now has 6.2 million friends, a 
						leap of 65 per cent on 12 months ago, and Ferrari videos 
						on YouTube have been viewed more than 6 million times 
						(+50 per cent). Ferrari’s presence on respective Chinese 
						and Japanese social networks grew significantly in the 
						same period. The Ferrari Museum in Maranello also 
						registered a new record number of visitors - over 
						240,000 – of which 60 per cent were from abroad.