Ferrari technicians inspect supercars connected the accumulation enactment wrong the company's mill successful Maranello, Italy, October 2, 2025. REUTERS/Remo Casilli/File Photo
Remo Casilli | Reuters
Luxury carmaker Ferrari connected Tuesday reported stronger-than-expected third-quarter profit, with nett revenues jumping much than 7% compared to the aforesaid play past year.
The Maranello, Italy-based sports car shaper posted nett net of 382 cardinal euros ($439.5 million) for the July-September period, reflecting a astir 2% summation from the aforesaid play past year.
Analysts had expected first-quarter nett net to travel successful astatine 367.33 cardinal euros, according to an LSEG compiled consensus.
"We proceed to beforehand with condemnation and beardown visibility connected our improvement path," Ferrari CEO Benedetto Vigna said successful a statement.
"At our Capital Markets Day, we person defined a wide trajectory successful the semipermanent interests of our brand, mounting the level for sustainable maturation toward 2030," helium added.
Ferrari precocious notched its worst-ever trading day aft its 2030 guidance fell abbreviated of expert expectations.
The firm's stock terms tumbled 15.4% connected Oct. 9, closing astatine 354 euros. It marked the automaker's steepest regular nonaccomplishment since it publically listed connected the Milan banal speech successful aboriginal 2016.
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