Ferrari (IT:RACE) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ferrari’s third-quarter results show a robust financial performance with net revenues rising by 6.5% to €1,644 million and an adjusted EBIT increase of 10.3% to €467 million. Despite a slight dip in deliveries, Ferrari remains committed to innovation with the launch of the F80 supercar and aims for carbon neutrality by 2030.
For further insights into IT:RACE stock, check out TipRanks’ Stock Analysis page.