Ferrari reports Q3 EPS EUR2.08 vs. EUR1.82 last year

Reports Q3 revenue EUR1.64B vs. EUR1.54B last year. “Q3 once again shows growing results for Ferrari (RACE), driven by a strong product mix and increased personalizations” said Benedetto Vigna, CEO. “It confirms our commitment to deliver on the promises we made at our Capital Markets Day in 2022, along with the exceptional order book visibility well into 2026, continuous product innovation – as evidenced by the F80 supercar just unveiled – and process innovation, with the strengthening of our in-house electrification expertise. The shutdown of the Maranello gas-fueled trigeneration plant, ahead of target, also marks a further step towards our 2030 carbon neutrality goal”.