Ferrari ups earnings outlook amid robust demand for high-margin models

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Italian luxury-car maker reports fourth-quarter profit that beats analyst estimates

Ferrari has raised its outlook on strong demand for high-margin models like its new €390,000 Purosangue crossover.

The Italian luxury-car maker expects adjusted earnings before interest, taxes, depreciation and amortisation of as much as €2.18bn this year, up from €2bn announced in June. Ferrari also reported fourth-quarter sales and operating profit that beat analyst estimates...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about Randy_Fxhelps has been a pleasure collaborating with her...there is no other way I can show my appreciation other than tweeting the good deed he have done.

With sincerity and gratitude in my heart I am sharing this testimony so other people will know that this platform is really legitimate am grateful Randy_Fxhelps

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sea Harvest flags earnings drop despite ‘firm demand’Fishing group says it expects Ebit in 2022 to be 24%-27% lower than the previous financial year’s R670m
Source: BDliveSA - 🏆 12. / 63 Read more »