Ferrari releases 2024 Annual Report and files Form 20-F for the year

Ferrari, the renowned sports car manufacturer, has recently shared its 2024 Annual Report and submitted its annual report on Form 20-F to the United States Securities and Exchange Commission. This pivotal disclosure includes financial data for the fiscal year concluding on December 31, 2024. A significant addition to this year’s report is the 2024 Sustainability Statement, which follows the principles outlined by the European Sustainability Reporting Standard (ESRS) for the first time on a voluntary basis. This new element serves as a testament to Ferrari’s commitment to accountability in sustainable business practices.

Interested parties, such as shareholders and investors, can access Ferrari’s 2024 Annual Report and Form 20-F via the Investors section on Ferrari’s official website. This enables stakeholders to view the pertinent financial statements and other relevant information online or download them for reference. For shareholders requiring a physical copy of these documents, Ferrari offers the option to request one at no cost. The inclusivity of providing easy access to these reports reflects Ferrari’s dedication to transparency and keeping stakeholders informed.

The 2024 Annual Report is a comprehensive document, covering essential content about Ferrari, including information on The Netherlands as its Home Member State. By complying with this standard, Ferrari effectively upholds its corporate responsibility and extends its reach to a wider audience of shareholders and financial regulators. This move also aligns with the company’s aim to embrace best practices in corporate governance and financial reporting.

Operating within the bounds of the European Sustainability Reporting Standard demonstrates Ferrari’s proactive approach to environmental stewardship and social accountability. By divulging its perspectives on economic, environmental, and social dimensions, Ferrari shows its commitment to achieving balance across various sustainability aspects. This resolve is further exemplified by Ferrari’s willingness to voluntarily align with the ESRS, showcasing the company’s willingness to go beyond regulatory requirements and take positive steps towards sustainable business practices.

Ferrari’s decision to share its 2024 Annual Report, along with filing Form 20-F, underscores its unfaltering commitment to transparency and financial integrity. By providing stakeholders with unencumbered access to this information, Ferrari ensures that those invested in its success have the tools necessary to make informed decisions. The addition of the 2024 Sustainability Statement highlights Ferrari’s evolution towards sustainable practices and bolster its reputation as a responsible corporate citizen.

In conclusion, Ferrari’s recent release of its 2024 Annual Report and submission of Form 20-F represent the pinnacle of its dedication to openness and responsibility. Through these actions, Ferrari not only safeguards transparency but underscores its ongoing commitment to sustainability and governance in the corporate sector. This move serves as a testament to Ferrari’s corporate ethics and its strive to reach higher standards of excellence within the industry.