Ferrari's net profit in 1st quarter rose to 412 million euros

17:47 - 6.05.2025


May 6, Fineko/abc.az. The net profit of Italian sports car manufacturer Ferrari in the 1st quarter of 2025 increased to 412 million euros from 352 million euros a year earlier in the same period, ABC.AZ reports, referring to company's financial statements.

Ferrari's revenue for Q1 grew to 1.79 billion euros from 1.58 billion euros earlier. Operating profit increased by 23% to 542 million euros, and EBITDA reached 693 million euros.

Sales of Ferrari cars for Jan-Mar grew by modest 1%, to 3,593 vehicles.