Ferrari reports record 2024 profit, up 21% to €1.53 billion, despite modest car sales growth.
Ferrari reported a record-breaking 2024, with a 21% increase in net profit to €1.53 billion and revenues of €6.68 billion, surpassing targets. Despite only a 1% increase in car sales to 13,752 vehicles, the company attributes its success to a strong product mix and growing personalization demand. Ferrari expects continued robust growth in 2025, aiming to hit 2026 profitability targets a year early.
2 months ago
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