Tom is right, as usual. My 4 cents (my posts tend to be long):
A splitter (which is another name for the "movable" floor) is used to split (duh!) the air, and direct it towards the tunnels carved on the floor, tunnels that generate downforce.
In the beginning the thing was made movable to avoid crushing it on the kerbs, or so that's what we're told. Somebody discovered that its movement could be controlled for proper flexibility.
You can make it flexible, so it will produce less drag at high speed and more drag (but more downforce) at low speed, or so I understood. That's, according to FIA, a no-no in Formula One.
The splitter is also (at least "conceptually") part of the ballast of the cars, cars designed to ride as low as possible. So, if you can make it move down when you need it, then you have a second advantage, if slight. I think Renault uses part of its ballast (fixed with screws, as required by regulations) to "enhance" the splitter aerodynamic effect.
Finally, Ferrari has been historically
the foreign team in British-German Formula One (if you can say that without being stoned by the mob), which explains a lot of things, if you ask me (don't)...