Ferrari Factory 01

2012 was Ferrari’s most successful year. A total of 7,318 road cars were delivered to dealers in 2012, while revenues were up by 8% over last year at 2.433 billion Euro. Trading profit jumped by 12.1 per cent to 350 million euro, while net profits were 244 million Euros (a 17.8 per cent increase).

At the Geneva Motor Show, Luca di Montezemolo had announced that all Ferrari employees would receive a special bonus linked to the financial results of the three year period, 2010 to 2012.

Yesterday employees of the Italian company received their promised bonuses. The employees were awarded a month’s pay as bonus for each successful year from 2010 to 2012. This in addition to a ‘competitive bonus’ to be paid out next month. An employee making 1500 Euros would receive 4500 Euros as bonus and another 4000 Euros as the competitive bonus next month.

“Our company ended 2012 with record results after a triennium of continuous growth,” wrote Montezemolo in a letter to the employees. “That is down to the extraordinary amount of work you have done. In the current extremely difficult economic climate, which has seen many companies in our sector and others, experiencing great difficulty, thanks to you, we are a really nice exception to that, a company producing ever more models and one which is recognised as a great brand everywhere. Let’s continue like this, thanks to all of you for what you have done so far and especially for what you will do.”

In a harsh economic situation it is reassuring to see an exotic car maker do well enough to hand out healthy bonuses for its employees.