FERRARI N.V. (Translation of Registrant’S Name Into English)
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 6-K _______________________________ REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of May 2016 Commission File No. 001-37596 _______________________________ FERRARI N.V. (Translation of Registrant’s Name Into English) _______________________________ Via Abetone Inferiore n.4 I-41053 Maranello (MO) Italy Tel. No.: +39 0536 949111 (Address of Principal Executive Offices) _______________________________ (Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.) Form 20-F Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(1): Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(7): Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes No If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3•2(b): N/A The following exhibits are furnished herewith: Exhibit 99.1 Press release issued by Ferrari N.V. dated May 2, 2016. Exhibit 99.2 Press release issued by Ferrari N.V. dated May 2, 2016. Exhibit 99.3 Press release issued by Ferrari N.V. dated May 2, 2016. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date:May 3, 2016 FERRARI N.V. By: /s/ Alessandro Gili Name: Alessandro Gili Title: Chief Financial Officer Index of Exhibits Exhibit Number Description of Exhibit 99.1 Press release issued by Ferrari N.V. dated May 2, 2016. 99.2 Press release issued by Ferrari N.V. dated May 2, 2016. 99.3 Press release issued by Ferrari N.V. dated May 2, 2016. Exhibit 99.1 Ferrari signs an MoU with FCA Bank for a joint venture in the financial services business in Europe Maranello (Italy)/Turin (Italy), 2 May 2016 - Ferrari Financial Services S.p.A. (“FFS S.p.A.”), an Italian indirect subsidiary of Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE), and FCA Bank S.p.A. (“FCAB”) today announced that they have signed a memorandum of understanding (“MoU”) for FCAB to acquire a majority stake in Ferrari Financial Services AG (“FFS AG”), a wholly owned subsidiary of FFS S.p.A.. As a result of the transaction, FFS S.p.A. and FCAB will continue the operations of FFS AG as joint venture partners, supporting the sales of Ferrari cars in certain European countries by offering innovative vehicle financing solutions to Ferrari customers. The funding of the joint venture will be provided by FCA Bank, which will also be the consolidating entity. FFS S.p.A. is Ferrari's own financial services provider based in Maranello, Italy. FCAB is a banking group, and a joint venture between Fiat Chrysler Automobiles Italy S.p.A. and Crédit Agricole Consumer Finance S.A., predominantly operating in the automotive financing sector in Europe. This transaction will expand FCAB activities and is consistent with its diversification strategy. The parties agreed not to disclose any financial details about the transaction. The MoU will be transformed into a set of definitive agreements later in the year. The consummation of the transaction is subject to approvals of competition and banking regulatory authorities. For further information: tel.: +39 0536 949337 Email: [email protected] www.ferrari.com tel.: +39 011 0063088 Email: [email protected] www.fcagroup.com www.fcabankgroup.com Ferrari N.V. Amsterdam, the Netherlands Registered Office: Via Abetone Inferiore N.4, I -41053 Maranello, (MO) Italy Dutch trade register number: 64060977 Exhibit 99.2 Strongest ever Q1, on the way to another record year • Total shipments reached 1,882 units, up 15% • Net revenues grew 8.8% (+8.4% at constant currencies) to Euro 675 million • EBIT of Euro 121 million, 250bps margin increase • Net profit up 19% to Euro 78 million • Net industrial debt1 slightly down from year end 2015 at Euro 782 million (In Euro million unless otherwise stated) For the three months ended March 31, 2016 2015 Change % Shipments (in units) 1,882 1,635 247 +15% Net revenues 675 621 54 +8.8% EBIT 121 96 25 +26% Adjusted EBIT1 121 100 21 +21% EBITDA1 178 156 22 +14% Adjusted EBITDA1 178 160 18 +11% Net profit 78 65 13 +19% Earnings per share (in Euro ) 0.41 0.34 0.07 + Adjusted earnings per share1 (in Euro ) 0.41 0.36 0.05 +13% Mar. 31, Dec. 31, (Euro million) Change 2016 2015 Net industrial debt1 (782) (797) 15 Adjusted EBIT Adjusted Net Profit • Increased volume of approx. 260 cars (excluding LaFerrari), all • Net profit for Q1 2016 was Euro 78 million, up Euro 13 million (+19%) regions up thanks to strong start of the new models 488 GTB, due to combined effect of strong adjusted EBIT partially offset by 488 Spider and F12tdf; higher margin contribution from higher financial expenses and benefitting from a lower tax rate personalization • Negative mix effect due to higher sales of V8 vs. V12 and lower sales of LaFerrari, finishing its limited series run, partially offset by FXX K and first deliveries of F60 America Net Industrial Debt 2016 Revised Outlook2 • Net industrial debt1 reduced to Euro 782 million, primarily due to The Group is revising its guidance upwards as follows: strong adjusted EBITDA partially offset by capex and negative • Shipments: >7,900 including supercars change in working capital • Net revenues: ˜ €3 billion • Adjusted EBITDA: €800 million • Net Industrial debt3: €730 million ____ 1 Refer to specific note on Non-GAAP financial measures 2 Assuming FX consistent with current market conditions 3 Including an ordinary cash distribution to the holders of common shares Maranello (Italy), May 2, 2016 - Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results4 for the first quarter ended March 31, 2016. Shipments 5 For the three months ended Shipments (units) March 31, 2016 2015 Change % EMEA 950 765 185 +24 % Americas 523 515 8 +2 % Greater China 156 134 22 +16 % Rest of APAC 253 221 32 +14 % Total shipments 1,882 1,635 247 +15% Shipments totaled 1,882 units in Q1 2016, up 15% from previous year. This performance was driven by a 21% increase in sales of our 8 cylinder models (V8), led by the success of the two newly launched models: the 488 GTB and the 488 Spider. Shipments of the 12 cylinder models (V12) were down 6% due to the phase out of the FF, the completion of the lifecycle of the F12berlinetta (now in its 5th year of commercialization) and LaFerrari finishing its limited series run, partially offset by the introduction of the new F12tdf. All regions experienced sound year-on-year growth: EMEA, Americas5, Greater China5 and Rest of APAC5 were up 24%, 2%, 16% and 14% respectively. ____ 4 These results have been prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board and IFRS as endorsed by the European Union 5 EMEA includes: Italy, UK, Germany, Switzerland, France, Middle East (includes the United Arab Emirates, Saudi Arabia, Bahrain, Lebanon, Qatar, Oman and Kuwait) and Rest of EMEA (includes Africa and the other European markets not specifically identified); Americas includes: United States of America, Canada, Mexico, the Caribbean and Central and South America; Greater China includes: China, Hong Kong and Taiwan; Rest of APAC mainly includes: Japan, Australia, Singapore, Indonesia and South Korea 2 Total net revenues For the three months ended (Euro million) March 31, 2016 2015 Change % Cars and spare parts6 481 429 52 +12 % Engines7 57 64 (7) (11)% Sponsorship, commercial and brand8 118 109 9 +8 % Other9 19 19 - - Total net revenues 675 621 54 +8.8 % Net revenues for Q1 2016 were Euro 675 million, an increase of Euro 54 million or 8.8% (+8.4% at constant currencies) from Q1 2015. Higher net revenues in Cars and spare parts6 (Euro 52 million, +12%), due to increased volumes led by new models 488 GTB, 488 Spider and F12tdf, along with a higher contribution from personalization, and Sponsorship, commercial and brand8 (Euro 9 million, +8%), mostly due to better championship ranking, were partially offset by a decrease in Engines7 (Euro 7 million, -11%), mainly attributable to lower shipments to Maserati despite higher rental revenues from other Formula 1 Teams. ____ 6 Includes the net revenues generated from shipments of our cars, including any personalization revenue generated on these cars and sales of spare parts 7 Includes the net revenues generated from the sale of engines to Maserati for use in their cars, and the revenues generated from the rental of engines to other Formula 1 racing teams 8 Includes the net revenues earned by our Formula 1 racing team through sponsorship agreements and our share of the Formula 1 World Championship commercial revenues and net revenues generated through the Ferrari brand, including merchandising, licensing and royalty income 9 Primarily includes interest income generated by the Ferrari Financial Services group and net revenues from the management of the Mugello racetrack. 3 For the three months ended (Euro million) March 31, 2016 2015 Change % Adjusted EBIT 121 100 21 +21% Adjusted EBIT margin 18.0% 16.1% +190bps Adjusted EBITDA 178 160 18 +11% Adjusted EBITDA margin 26.3% 25.7% +60bps Adjusted EBIT1 was Euro 121 million, up Euro 21 million (+21%) from Q1 2015 as a result of higher volumes from the newly launched 488 GTB, 488 Spider and the F12tdf as well as a positive margin contribution from our personalization programs.