Ferrari's Core Profit Rises Despite Shipment Dip After Software Switch
The Italian company switched over the summer to a new enterprise resource planning (ERP) method, a type of software system helping organisations automate and manage and improve their business processes. Ferrari has replaced its two previous systems, one for sales and one for production, with a new single one.
Ferrari's core profit rises 7%, helped by product mix, personal touches
MILAN (Reuters) -A richer model lineup and increased demand for personalisation continued to support growth at Ferrari, which on Tuesday reported a 7% core earnings increase in the third quarter, despite a slight drop in car shipments. The addition of new ...
Ferrari's core profit rose 7% in Q3 supported by product mix, personalisations
Ferrari said on Tuesday its core earnings rose 7% in the third quarter, despite a slight decrease in vehicle shipments, as the luxury sports car maker continued to benefit from a richer product offer and increased demand for personalisation.
Ferrari Q4 Net Profit Rises 13%; Backs FY24 Outlook
Italian luxury sports carmaker Ferrari N.V. (RACE) reported Tuesday that its net profit for the third quarter increased to 375
Ferrari Q2 Results: Core profit rises 7%, helped by product mix, personal touches
Ferrari said on Tuesday its core earnings rose 7% in the third quarter, despite a slight decrease in car shipments, as the luxury sports car maker continued to benefit from a richer product offer and increased demand for personalisation.
Ferrari Defies Wider Auto Industry Malaise With Higher Sales, Earnings
Ferrari posted higher sales and earnings in the third quarter and said it was more confident that it would hit its annual ...
Filming in Italy Is ‘More Convenient Than Ever,' Argue Panelists at AFM: ‘We've Built a Ferrari With Our Tax Credit System. Now, We Need a Circuit for It to Run'
AFM might have moved to Las Vegas, but some things remain exactly the same, including Italy's commitment to be seen as an ...
Ferrari stock slides as China deliveries hit roadblock
Ferrari stock slipped on Tuesday after the Italian luxury automaker reported third quarter results that were in line with ...
Ferrari Slows Down, Q3 Shipment Drop Hits the Brakes On Stock Growth
Ferrari N.V. stock fell after reporting Q3 results and revised outlook. Revenues up 6.5% YoY, EPS beats estimates. Strong ...
Ferrari Q3 Earnings: Lower Shipments Is Great News
Ferrari's strategy focuses on exclusivity and high-margin personalization with a significant order book extending into 2026 ...
Ferrari stock forms a dangerous pattern ahead of earnings
Ferrari (RACE) stock price has done well this year, rising by 40%, and making it one of the best-performing players in the ...
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Ferrari says 90% of its cars built are still on the road today
"More than 90% of the total Ferrari production —beyond 300,000 cars—is still on the road," Andrea Scioletti, head of Ferrari ...
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Ferrari’s Strong Financial Performance Amid Innovation Push
Ferrari (IT:RACE) has released an update. Ferrari’s third-quarter results show a robust financial performance with net revenues rising by 6.5% to €1,644 million and an adjusted EBIT increase of 10 ...
Ferrari shipments decline with China slump taking toll
Francesca Volpi/Bloomberg via Getty Images Ferrari NV’s shipments fell 2% in the third quarter, disappointing investors who were expecting the Italian luxury-car maker to show greater resilience ...