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Ferrari’s Strong Financial Performance Amid Innovation Push

Ferrari’s Strong Financial Performance Amid Innovation Push

Ferrari (IT:RACE) has released an update.

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.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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