Ferrari's core profit rose 7% in Q3 supported by product mix, personalisations
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Ferrari's core earnings increased by 7% in Q3, driven by a richer product mix and higher demand for personalisation, despite a slight drop in vehicle shipments.
November 05, 2024 | 12:30 pm
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Ferrari's Q3 core earnings rose by 7%, supported by a richer product mix and increased personalisation demand, despite a slight decrease in vehicle shipments.
The increase in core earnings by 7% is a positive indicator for Ferrari, suggesting strong demand for its high-margin products and personalisation options. This is likely to have a positive short-term impact on the stock price, despite the slight decrease in vehicle shipments.
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