The net profit of Ferrari increased by 18% in the second quarter

The Italian manufacturer of sports cars Ferrari in the second quarter increased its net profit by 18% year-on-year to 160 million euros. On a per share basis, the figure rose to 85 cents, while analysts had predicted 80 cents. Quarterly revenues amounted to 906 million euros, decreased by 1.6%. Excluding exchange rates, the indicator grew by 1.4%. Analysts had predicted revenue of 924 million euros. The company increased quarterly sales by 5.6% in annual terms to 2 thousand 463 cars. Since the beginning of the year, the capitalization of Ferrari has increased by 30% to 27 billion 270 million euros.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: