Ferrari’s revenues take off as super rich level up
Peter Campbell
London | Ferrari has upgraded its profit forecast after a “stunning” increase in buyers adding expensive features to their supercars boosted quarterly earnings by a third.
Even though car sales fell 2 per cent to 3392 between April and June compared with a year earlier, revenues rose 14 per cent to €1.5 billion ($2.5 billion) and pre-tax profit climbed a third to €334 million.
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Financial Times
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