Ferrari NV (IT:RACE) has released an update.
Ferrari NV has reported a strong start to 2024 with a 10.9% increase in net revenues, reaching 1,585 million euros, and a 14.8% rise in adjusted EBIT to 442 million euros, despite stable vehicle deliveries at 3,560 units. The company’s profit margins improved thanks to a richer product mix and increased personalization revenue, while the business plan is advancing with new product launches like the 12Cilindri and its Spider variant.
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