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    PM announces AI skilling of 1 crore youth in one year .

    Reliance Industries and Rolls-Royce announce strategic intent to partner and develop India’s indigenous combat engine for the Advanced Medium Combat Aircraft (AMCA) programme

    NDB and Narayana Health Form Alliance to Build Affordable, Tech-Driven Hospitals

    Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo.

    Lenovo Group: Q1 Financial Results 2026/27

    Malaysia Airlines’ MHsports Challenge Offers an Exclusive Opportunity to Ride Alongside Dato’ Azizulhasni Awang in Melbourne

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    Ministry of Mines to Organise Roadshow on 8th Tranche of Critical and Strategic Mineral Block Auctions and NMEDT Workshop in Patna

    L&T Finance Unveils Gold Loan Campaign Featuring Brand Ambassador Jasprit Bumrah

    India to Host BRICS Environment Working Group Meetings at Bharat Mandapam, New Delhi (17-18 August 2026) .

    India has a stable political mandate, a stable government, a vibrant democracy, a strong judicial system and a Constitution that guides us all: PM

    Tata Steel transfers ownership of Jamshedpur Football & Sporting Pvt. Ltd. to Churchill Brothers FC .

    PM announces AI skilling of 1 crore youth in one year .

  • Business

    Ministry of Mines to Organise Roadshow on 8th Tranche of Critical and Strategic Mineral Block Auctions and NMEDT Workshop in Patna

    L&T Finance Unveils Gold Loan Campaign Featuring Brand Ambassador Jasprit Bumrah

    India to Host BRICS Environment Working Group Meetings at Bharat Mandapam, New Delhi (17-18 August 2026) .

  • Health

    Affordable and Accessible Healthcare for All

    Athulya Hits 300-Bed Milestone, Takes Lead in Bengaluru Geriatric Care.

    Union Health Ministry Notifies Stricter Drugs Rules to Debar Applicants Submitting Fake or Fabricated Data.

    Manipal Hospital Bhubaneswar Performs Rare Open-Heart Surgery on a Patient with Sickle Cell Anemia.

    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

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    India to be an essential player in the next industrial revolution which will be biotechnology and AI driven: Dr Jitendra Singh

    Climate-Smart Farming: How AI and Precision Agriculture Are Transforming India’s Farms’ -By Dr Anubha Jain

    IBM Study: One in Four Malicious Breaches are AI-Enabled, Costing Companies $6 Million on Average.

    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

    ISACA Bangalore Chapter hosts the 29th Annual Karnataka Conference with the theme “Fortify the AI Backbone and Agentic AI – Govern, Secure, and Thrive”.

    Sony Creator Essentials Worth Considering This Summer.

  • Auto

    Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo.

    Tata Motors Limited (formerly TML Commercial Vehicles Ltd.) Q1 FY27 Results.

    MG SELECT launches the Couture Edition of M9 at INR 84.94 Lakh and Cyberster at INR 87.49 Lakh

    Toyota Joins in Supporting 2026 Kumamoto Earthquake Relief Efforts.

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    Tata Steel transfers ownership of Jamshedpur Football & Sporting Pvt. Ltd. to Churchill Brothers FC .

    Capri Sports launches Nova Sports, a girls-only football pathway to redefine the future of women’s football in India

    Legends collide: Kapil Dev and IPL star Vaishak Vijaykumar ignite Blasters’ JPL campaign.

    Air India’s Maharaja Club partners with Professional Golf Tour of India to support the growth of golf in the country

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

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    Peter England Launches VYBE, a Younger Expression of Dressed-up Style.

    Bollywood Star Sara Ali Khan Inaugurates Longines’ Newest Bengaluru Landmark.

    Sara Tendulkar’s Mumbai Grizzlies Script Perfect Day as Chennai Falcons, Delhi Sharks Tighten Grip on GEPL Season 3 Playoffs.

    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    Air India launches ‘Easy Connect’ flights from Amritsar, connecting Punjab to 27 global destinations

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

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  • Home
  • World

    PM announces AI skilling of 1 crore youth in one year .

    Reliance Industries and Rolls-Royce announce strategic intent to partner and develop India’s indigenous combat engine for the Advanced Medium Combat Aircraft (AMCA) programme

    NDB and Narayana Health Form Alliance to Build Affordable, Tech-Driven Hospitals

    Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo.

    Lenovo Group: Q1 Financial Results 2026/27

    Malaysia Airlines’ MHsports Challenge Offers an Exclusive Opportunity to Ride Alongside Dato’ Azizulhasni Awang in Melbourne

  • National
    • All
    • Economy & Politics
    • Election

    Ministry of Mines to Organise Roadshow on 8th Tranche of Critical and Strategic Mineral Block Auctions and NMEDT Workshop in Patna

    L&T Finance Unveils Gold Loan Campaign Featuring Brand Ambassador Jasprit Bumrah

    India to Host BRICS Environment Working Group Meetings at Bharat Mandapam, New Delhi (17-18 August 2026) .

    India has a stable political mandate, a stable government, a vibrant democracy, a strong judicial system and a Constitution that guides us all: PM

    Tata Steel transfers ownership of Jamshedpur Football & Sporting Pvt. Ltd. to Churchill Brothers FC .

    PM announces AI skilling of 1 crore youth in one year .

  • Business

    Ministry of Mines to Organise Roadshow on 8th Tranche of Critical and Strategic Mineral Block Auctions and NMEDT Workshop in Patna

    L&T Finance Unveils Gold Loan Campaign Featuring Brand Ambassador Jasprit Bumrah

    India to Host BRICS Environment Working Group Meetings at Bharat Mandapam, New Delhi (17-18 August 2026) .

  • Health

    Affordable and Accessible Healthcare for All

    Athulya Hits 300-Bed Milestone, Takes Lead in Bengaluru Geriatric Care.

    Union Health Ministry Notifies Stricter Drugs Rules to Debar Applicants Submitting Fake or Fabricated Data.

    Manipal Hospital Bhubaneswar Performs Rare Open-Heart Surgery on a Patient with Sickle Cell Anemia.

    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

  • Technology
    • All
    • Environment
    • Science

    India to be an essential player in the next industrial revolution which will be biotechnology and AI driven: Dr Jitendra Singh

    Climate-Smart Farming: How AI and Precision Agriculture Are Transforming India’s Farms’ -By Dr Anubha Jain

    IBM Study: One in Four Malicious Breaches are AI-Enabled, Costing Companies $6 Million on Average.

    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

    ISACA Bangalore Chapter hosts the 29th Annual Karnataka Conference with the theme “Fortify the AI Backbone and Agentic AI – Govern, Secure, and Thrive”.

    Sony Creator Essentials Worth Considering This Summer.

  • Auto

    Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo.

    Tata Motors Limited (formerly TML Commercial Vehicles Ltd.) Q1 FY27 Results.

    MG SELECT launches the Couture Edition of M9 at INR 84.94 Lakh and Cyberster at INR 87.49 Lakh

    Toyota Joins in Supporting 2026 Kumamoto Earthquake Relief Efforts.

  • Sports

    Tata Steel transfers ownership of Jamshedpur Football & Sporting Pvt. Ltd. to Churchill Brothers FC .

    Capri Sports launches Nova Sports, a girls-only football pathway to redefine the future of women’s football in India

    Legends collide: Kapil Dev and IPL star Vaishak Vijaykumar ignite Blasters’ JPL campaign.

    Air India’s Maharaja Club partners with Professional Golf Tour of India to support the growth of golf in the country

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

  • Lifestyle
    • All
    • Food
    • Travel

    Peter England Launches VYBE, a Younger Expression of Dressed-up Style.

    Bollywood Star Sara Ali Khan Inaugurates Longines’ Newest Bengaluru Landmark.

    Sara Tendulkar’s Mumbai Grizzlies Script Perfect Day as Chennai Falcons, Delhi Sharks Tighten Grip on GEPL Season 3 Playoffs.

    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    Air India launches ‘Easy Connect’ flights from Amritsar, connecting Punjab to 27 global destinations

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

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Strong momentum sets the foundation for future growth. 2022 guidance on the trajectory to reach 2023 EBITDA target

by FWM
February 3, 2022
in Business
0
02 Feb 2022
  • Total shipments of 11,155 units, up 22.3% versus FY 2020 and 10.1% versus FY 2019
  • Net revenues of Euro 4,271 million, up 23.4% versus prior year and up 13.4% versus FY 2019
  • EBITDA(1) of Euro 1,531 million, up 34.0% versus prior year and up 20.6% versus FY 2019.
    EBITDA(1) margin of 35.9% in FY 2021.
  • EBIT of Euro 1,075 million, up 50.2% versus prior year and up 17.2% versus FY 2019.
    EBIT margin of 25.2% in FY 2021.
  • Net profit of Euro 833 million and diluted EPS(1) at Euro 4.50
  • Robust industrial free cash flow(1) generation of Euro 642 million

“Our record 2021 financial results demonstrate once more the strength of our business model. We carefully managed an impressive order intake in line with our strategy to pursue controlled growth and preserve brand exclusivity” – the CEO Benedetto Vigna commented – “We recorded double-digit growth across all main financial indicators exceeding our guidance, and an even more exceptional EBITDA margin at a record level of 35.9%. Building on strong momentum, we are eager to seize the opportunities ahead and look forward to sharing our future plans on June 16 in Maranello at our Capital Markets Day”.

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FWM

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