17:20 - 5.05.2026
May 5, Fineko/abc.az. The earnings of Italian sports car manufacturer Ferrari in the 1st quarter of 2026 increased by 3% versus the 2025 same term and reached 1.85 billion euros, ABC.AZ reports, referring to Bloomberg.
The result exceeded Wall Street expectations, with analysts forecasting Ferrari's revenue in the 1st quarter of 1.82 billion euros. Company's net profit for Jan-Mar 2026 amounted to 413 million euros after 412 million euros a year earlier.
EBITDA totaled 722 million euros, while analysts expected to see only 710 million euros.
At the same time, the volume of deliveries of Ferrari cars in the 1st quarter decreased to 3,436 from 3,593 cars previously.
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