Unrivalled global expertise and tailor-made solutions, successfully applied to Luxury.
Ferrari Group’s integrated business model capitalises on its unique value proposition and bespoke services. This model provides operational flexibility, allowing the Group to effectively meet complex transportation and storage needs. As a result, Ferrari Group’s business model is structurally more profitable than that of the average logistics provider.
Ferrari Group’s services are “mission critical” for over 100 high-profile customers, including global luxury brands, high-end watchmakers and jewellery manufacturers. In 2023, the Group achieved a 100% client retention rate among its global clients. Between 2021 and 2023, the top 10 customers each increased their respective compound annual growth rate (CAGR) contribution to the Group’s revenues.
Between 2021 and 2023, Ferrari Group expanded its geographical footprint from 72 to 85 locations and increased annual revenue from €236.2 million to €333.0 million. The Group maintained this positive momentum into 2024, achieving €254.0 million in revenues during the first nine months of the year.
Key factors supporting this growth include:
Ferrari Group is a key enabler for luxury brands to fulfil their sustainability agenda. The Group’s compelling ESG offering includes detailed Co2 impact tracking, advice regarding the most emission-friendly routes, and the use of sustainable transport options wherever possible.
Initiatives to reduce environmental impact include growing the Group’s electric fleet, optimising packaging, and working with air freight partners to reduce emissions in air transportation.
The Group has an ambitious strategy aimed at growing its revenues while maximising operating efficiency.
This strategy is based on four highly interconnected value creation drivers: